Showing posts with label ROI death match. Show all posts
Showing posts with label ROI death match. Show all posts

Tuesday, April 5, 2016

ROI death match

My favorite poker flavor is 8-game. My favorite poker style for playing 8-game is MTT. I actually have a very impressive MTT 8-game ROI - for every play dollar I wager, I win back 1.4719 play dollars. My sit and go no limit hold'em ROI is much less impressive - for every play dollar I wager, I win back just 1.0577 play dollars. So it would seem that in an ROI death match, MTT 8-game should utterly demolish SNG NLHE, right? Actually, wrong. As wrong as wrong can be. There are two major problems here. One is time, and the other is money :-)

First, the time problem. MTT 8-games, on average, take much longer than SNG NLHEs to play. Although MTT 8-games are very enjoyable to play, they simply take too long from an ROI perspective.

Next, the money problem. There are no high roller MTT 8-games on PokerStars, at least that I can find. So even though I'm making 47% on my investment, I'm only able to invest peanuts, so I'm only making peanuts.

The upshot is that I'll still keep playing MTT 8-games for fun, but will restrict myself to one a session. I'll keep playing SNG NLHEs for my bread and butter. Don't get me wrong; SNG NLHEs are also a lot of fun to play.

style flavor buy_in entry players hands entries paid place winnings

MTT   8-Game   4500   500       6   143      75   18     2    59060
SNG   NLHE    44000  6000       6    67       6    2     3        0


delta: $4,060
Sit and go no limit hold'em balance: $4,176,200
balance: $12,233,954