Wednesday, May 31, 2017

The last money place yardstick

I've been comparing and contrasting MTTs and MTT-Rs, and the latter have the former totally beat. It's no contest. I wished I'd noticed MTT-Rs sooner; as it was, I didn't so much notice them as join one accidentally :-) One of the most telling comparisons is the last place money each typically provides. In the most recent MTT I played, the buy in plus the entry fee was $50,000, and the last place money was $49,000. So the reward for all your hard work to "make the money" is to lose 2% of the money you wagered. In the most recent MTT-R I played, the buy in plus the entry fee was also $50,000, which generally translates to $150,000 wagered - one entry, one rebuy, and one add on. The last place money was $400,000, meaning the reward for your hard work is to nearly triple the money you put up. Why oh why did it take me so long to find this wonderful poker variant? Now that I've found it, I'm never going to let it go :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    59      81   18    34        0
MTT-R NLHE    43500  6500       9    98      77   18    13   419000


delta: $19,000
MTT with rebuys NLHE balance: $4,243,000
2017 balance: $5,222,825
balance: $16,640,655

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