Showing posts with label another magic poker number. Show all posts
Showing posts with label another magic poker number. Show all posts

Wednesday, January 29, 2020

Another magic poker number

Poker is full of magic numbers. I've just identified another one - the threshold number of entries to an MTT which gives me the best chance of making the money. For me, that number is 100. My itm (in the money) percentage for MTT NLHE tournaments with 100 or more entries is 46.82 (287 of 613). My itm percentage for MTT NLHE tournaments with fewer than 100 entries is 26.78 (64 of 239).

style flavor buy_in entry players entries paid place winnings

MTT   NLHE    45000  5000       9     150   45    25   101000


delta: $51,000
MTT NLHE balance: $8,784,668
2020 balance: $1,967,000
balance: $63,775,010

Monday, August 1, 2011

Another magic poker number

I've mentioned before that I invariably join a table which already has six active players, making it a table of seven. If luck and skill is evenly distributed, each player at such a table can expect to win once every seven hands, or 14% of the time. In practice, neither luck nor skill is evenly distributed. I've discovered that a good goal to shoot for is 50% above the average, or 21%. A player with more skill than most of the other players at the table can reasonably expect to achieve this.

Last Friday night, I hit this magic number in a short but sweet session. On the penultimate hand of the night, my 9 high straight won a pot worth $31,400.

During current Hold'em session you were dealt 14 hands and saw flop:
- 2 out of 2 times while in big blind (100%)
- 2 out of 2 times while in small blind (100%)
- 9 out of 10 times in other positions (90%)
- a total of 13 out of 14 (92%)
Pots won at showdown - 2 of 5 (40%)
Pots won without showdown - 1

delta: $21,200
balance: $1,838,531