I decided quite a while ago that the proper way to deal with percentiles is to average them. The question then becomes, what should your target average percentile be? The answer is simple - at a minimum, it should be the average percentile of the first place which is in the money. I decided to see how I'm doing in that regard. The answer is, quite well :-) Of the 417 MTT NLHEs for which I have the requisite data, the average percentile of the first place which is in the money is the 75th. My average percentile for these same 417 tournaments is the 74th. I'm within spitting distance :-)
style flavor buy_in entry players hands entries paid place winnings
MTT NLHE 17500 2500 6 25 524 132 275 0
MTT NLHE 87000 13000 6 65 77 21 27 0
MTT NLHE 45000 5000 6 78 148 36 27 93000
delta: $-77,000
MTT NLHE balance: $2,134,948
2017 balance: $56,925
balance: $11,474,755
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