Sunday, April 18, 2021

Stalking the wild sure thing

Every now and then, I come across a tournament in a delightful state, when there's oodles and oodles of dead money and not much time remaining in the late registration period.

This is an excerpt from my February 12, 2020 post. I'd like to refine this a little. It's more important to have lots of dead money than it is to have not much time remaining in the late registration period. If you have both, all the better, but if you don't, you need to have the dead money. Moreover, the way you measure the dead money is not in absolute amounts, but in the percentage of the prize pool which is dead money. Having this percentage in the vicinity of 33 is about the average when the late registration period ends; a percentage of 40 or above is really juicy. That was the situation I found myself in last night. It's much easier to make the money when you start off with an advantage like that.

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE   174000  26000       6      92   24    18   368000

delta: $168,000
MTT NLHE balance: $25,601,768
2021 balance: $2,230,000
blue distance: $1,442,000
balance: $79,895,453

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