Thursday, December 28, 2017

My corrected gross

I realized after the fact that I'd used the wrong methodology to determine my gross profit for the year. No negative numbers should ever be included in a gross, but that's what I was doing. I was adding up the total of my profitable sessions, but profitable sessions often contain hidden losses embedded within the positive number. The calculation of the true gross for the year is simplicity itself - just sum up the tournament winnings, ignoring any outlay, such as buy ins, entry fees, rebuys, and add ons. My corrected gross for the year is ... drumroll please ... $96,297,950. I have an outside chance to hit $100,000,000 by the end of the year. I'll be gunning for it :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    50      80   18    22        0
MTT-R NLHE    43500  6500       9    28      77   18    38        0


delta: $-250,000
MTT with rebuys NLHE balance: $32,331,500
2017 balance: $32,703,430
balance: $44,121,260

No comments:

Post a Comment