Tuesday, November 5, 2024

Mr. 71st percentile

My average percentile in MTT-Rs is amazingly consistent; for the last 75 tournaments, it's been locked in at the 65th. Considering that the average percentile for making the money is the 77th, what this means is that the only reason I'm making money playing MTT-Rs is that I have enough variance in my results, even though the average is so consistent. Variance is actually the lifeblood of poker :-)

This is an excerpt from my January 10, 2018 post. My average percentile in MTTs is also amazingly consistent; for the last 519 tournaments, it's been locked in at the 71st. Considering that the average percentile for making the money in MTTs is the 75th, what this means is that the only reason I'm making money playing MTTs is that I have enough variance in my results. Long live variance!

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE    44000   6000       9     272   72    90        0

delta: $-50,000
2024 balance: $2,817,000
2024 blue distance: $478,000
balance: $15,626,303
MTT NLHE ITM pct: 41.48 (1231 of 2968)

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