The old one two

I've used this blog post title twice before; the first time was on April 9th, 2014. Rereading that post, it's so relevant to last night's session that I'm just going to be lazy, and quote it in its entirety :-)

I've come up with a good rule of thumb for when to quit a tournament session; I'm calling it the old one two. Briefly stated, you should quit as soon as you've had one first place finish and one second place finish. If you've played six tournaments and still haven't made the money, you should quit at that point also. Last night, I hit the old one two in five tournaments, and lit out for the territories.

buy_in entry_fee num_players num_hands place winnings

 45000      5000           6        41     3        0
 45000      5000           6        14     4        0
 45000      5000           6         7     6        0
 45000      5000           6        35     2    94500
 45000      5000           6        41     1   175500

delta: $20,000
tournament balance: $1,898,840
balance: $8,781,539 

Sad to say, I didn't follow this good advice, but played three more tournaments after getting the old one two straight out of the gate.

style flavor buy_in entry players hands place winnings

SNG   NLHE    45000  5000       6    44     2    94500
SNG   NLHE    45000  5000       6    75     1   175500
SNG   NLHE    45000  5000       6    65     3        0
SNG   NLHE    45000  5000       6    34     3        0
SNG   NLHE    45000  5000       6    63     3        0

delta: $20,000
Sit and go no limit hold'em balance: $244,700
balance: $7,335,164