Sunday, October 25, 2015

Standardizing

I've come to realize there's a lot to be said for standardizing the way I play poker in various situations. When I play sit and gos, I've standardized on the $45,000 buy in level. It's the one which gives me the best combination of comfort and profit potential. I haven't standardized on the number of tournaments to play during a single session, however. Lately, I've been playing five per session, and I think that's a good number to standardize on. It turns out there are 21 possible profit outcomes when playing five $45,000 buy in sit and gos per session; here they are, in descending order of profit:

 $627,500  5  0
 $546,500  4  1
 $465,500  3  2
 $452,000  4  0
 $384,500  2  3
 $371,000  3  1
 $303,500  1  4
 $290,000  2  2
 $276,500  3  0
 $222,500  0  5
 $209,000  1  3
 $195,500  2  1
 $128,000  0  4
 $114,500  1  2
 $101,000  2  0
  $33,500  0  3
  $20,000  1  1
 $-61,000  0  2
 $-74,500  1  0
$-155,500  0  1
$-250,000  0  0


The number in the second column is the number of first places finishes, and the number in the third column is the number of second place finishes. Last night, I lost the minimum amount possible, which is some consolation :-)

buy_in entry players hands place winnings

 45000  5000       6    13     6        0
 45000  5000       6    31     4        0
 45000  5000       6    83     2    94500
 45000  5000       6    65     3        0
 45000  5000       6    63     2    94500


delta: $-61,000
Sit and go no limit hold'em balance: $203,700
balance: $7,294,164

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