Tuesday, September 11, 2012

The golden one-two

Ladies and gentlemen, I have a new poker indicator to submit for your approval. I call it the golden one-two. It applies to 6 player sit and go tournaments. Unlike the golden ratio, which virtually guarantees that you'll make a profit if you manage to achieve it, the golden one-two absolutely guarantees you'll make a profit. Briefly stated, the golden one two is when you win 1 out of every 5 tournaments, and come in second 1 out of every 6. That amounts to winning 6 times and coming in second 5 times every 30 tournaments. Your winning percentage must be at least .2000, and your percentage coming in second must be at least .1667. I'm proud to say that after playing 193 sit and gos, I've managed to hit and maintain the golden one-two.

place count(*) count(*) / 193

    1       40         0.2073
    2       33         0.1710
    3       36         0.1865
    4       34         0.1762
    5       23         0.1192
    6       27         0.1399


When I started playing sit and gos, I honestly thought I was on a fool's errand. I didn't think it was possible to sustain a profit playing them. I'm happy to have been mistaken!

buy_in entry_fee num_players num_hands place winnings

 50000       800           6        67     1   195000
 50000       800           6        50     3        0
 50000       800           6        70     1   195000


delta: $237,600
tournament balance: $1,289,690
balance: $6,420,421

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