Fall out

On Monday night, I had a fall out. That's my latest neo neo, describing the situation where you fall in on the final hand of a tournament. I got curious to know how often I fall out of tournaments where I fail to make the money, so I wrote a utility to figure that out. The answer? 10.42% of the time. The closer you get to the bubble, the more likely you are to fall out. The simple reason for this is that the closer you get to the bubble, the more attractive it gets to try laddering up into the money. That's why I fell out on Monday night.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    58      56   12    17        0

delta: $-100,000
MTT with rebuys NLHE balance: $41,171,000
2019 balance: $7,167,250
balance: $53,751,510