Monday, November 4, 2019

The incredible shrinking win rate

When I started playing online poker, I played cash games exclusively, and predominantly only one table a session. Nowadays, I play tournaments exclusively, and predominantly multiple tournaments a session, often two or three at a time. How times have changed :-) In my cash game days, a good session winning percentage was anywhere north of 66. A good tournament winning percentage is half that, or even less. The upshot of these changes is that I have a shrinking win rate, but my profit hasn't suffered. It's pretty amusing to look at the numbers:

 rate   wins  count    year

67.97     87    128    2009
63.46    132    208    2010
70.08    178    254    2011
48.87    280    573    2012
62.82    196    312    2013
50.93    247    485    2014
40.31    310    769    2015
39.68    467   1177    2016
32.79    220    671    2017
28.20    141    500    2018
26.44    138    522    2019

It's easy to see that 2012 was the year I started playing tournaments, since that's the first year where the count is greater than the number of days in a year.

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE   174000 26000       6    43     134   36    63        0
MTT   NLHE    45000  5000       6    24      40   10     0        0
MTT   NLHE   174000 26000       6    99      71   18    17   308000


delta: $-142,000
MTT NLHE balance: $3,534,668
2019 balance: $11,856,850
balance: $58,391,110

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