Sunday, July 3, 2022

A million the hard way

There are many ways of making a profit of at least one million play dollars in a single session. Some are easy; others, not so much. Last night, I made a million the hard way. I was playing a tournament which PokerStars calls "The Valueraptor 5M, 250M Chips Gtd". That is, a tournament which has a buy in of 5 million and a guaranteed prize pool of at least 250 million, no matter how few entrants join. I hit the rail not long after I joined, and fired a second bullet. That is, I reentered the tournament, meaning my total outlay was ten million play dollars. That means that to emerge with a profit, not only did I have to make the money, I needed to ladder up at least two rungs on the payout ladder. Friends and neighbors, I did exactly that.

style flavor  buy_in    entry players entries paid place  winnings

MTT   NLHE   4400000   600000       8     132   20    12  11200000

delta: $1,200,000
MTT NLHE balance: $57,491,468
2022 balance: $-3,682,000
blue distance: $35,500,000
balance: $91,161,953

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