Monday, September 22, 2014

Small stakes swan song

On Saturday night, I played three 8-game tournaments. I made a strategic error in my selection of the second and third ones. I chose smaller stakes tournaments for the sole reason that those tables were filling up faster. If you're going to be playing a lot of tournaments, it's important to choose a single buy in level and stick with it; otherwise, your money finishes might not count for as much as they should.  That was certainly the case in Saturday's session.

Here are the selection criteria I'm going to use from now on:

1. my preference is to play 8-game tournaments, not hold'em ones
2. the buy in must be $45,000
3. if the 8-game table isn't filling up fast enough, the remedy is to join a hold'em tournament with a $45,000 buy in

So for the time being, at least, I've played my last small stakes tournament.

buy_in entry_fee num_players num_hands place winnings

 45000      5000           6        38     5        0
  9000      1000           6        87     2    18900
  9000      1000           6       169     2    18900


delta: $-32,200
8-game tournament balance: $466,700
balance: $9,864,470

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