Tuesday, April 1, 2014

Minimum viable tournament session

It's a lot of fun making over half a million play dollars in a single session, but that only happens once in a chartreuse moon. I'm much more likely to have a minimum viable tournament session. That's what happened last night. A minimum viable tournament session is a session where you made the minimum possible profit for the number of tournaments you entered. Last night, I entered five tournaments. The minimum viable five tournament session is when you come in first in one of the sessions, and second in another. At the $45,000 buy tables, with their current entry fee of $5,000, such a session will net you $20,000. It's not half a million, but it's better than a poke in the eye with a sharp stick, as my mother's father used to say :-)

buy_in entry_fee num_players num_hands place winnings

 45000      5000           6        10     6        0
 45000      5000           6        15     4        0
 45000      5000           6        17     4        0
 45000      5000           6        43     2    94500
 45000      5000           6        37     1   175500


delta: $20,000
tournament balance: $2,648,840
balance: $9,531,539

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