Monday, April 25, 2016

KO variance

My second KO session taught me a lesson about KO variance. It's much higher than sit and go variance, actually. There are two reasons why:

1. KO has 9 players to a table, whereas sit and go only has 6
2. KO has no turbo option; there's only hyper as of now

Here's how PokerStars describes its different tournament speeds:

Regular: The standard blind levels and starting chip stacks for a tournament.
Turbo: A faster tournament typically has faster blind levels and different starting chip stacks to reduce the typical duration.
Hyper-Turbo: Our fastest tournaments which typically have the fastest blind levels and reduced starting chips stacks.

I quickly swore off hyper sit and gos, due to the high variance. I may have to swear off KOs for the same reason, but I want to give them a longer trial before I decide. KOs have two big points in their favor:

1. they're incredibly fun to play
2. they don't take long to play, which means I'll be able to reach my goal of wagering 60 million play dollars this year more easily

style flavor buy_in entry players hands entries paid place winnings

MTT   8-Game   4350   650       6    13      67   18    39        0
KO    NLHE    52800  7200       9    10       9    3     7        0
KO    NLHE    52800  7200       9     6       9    3     6        0
KO    NLHE    52800  7200       9    16       9    3     4        0
KO    NLHE    52800  7200       9    24       9    3     3    73900


delta: $-171,100
KO no limit hold'em balance: $-151,639
balance: $11,768,045

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