Apples and oranges

Back in the days when I played sit and gos, I realized that it made a lot of sense to standardize on a buy in; if you don't, then a loss in a big buy in sit and go can wipe out all the gains you made in a bunch of small buy in sit and gos. That's like mixing apples and oranges, generally not a smart idea. The same is true, to a lesser extent, for MTT NLHEs. Accordingly, I'm going to try playing $200,000 buy in tournaments exclusively for a while, and see how I do.

This is an excerpt from my January 24, 2020 post. It highlights another good reason for my recent decision to stop playing both $50,000 buy in and $100,000 buy in tournaments. Last night, even though I didn't have a profitable session, the fact that the tournament where I missed the money had a $50,000 buy in instead of a $100,000 one meant that I saved myself from losing an additional $50,000 :-)

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE    44000   6000       9     351   81   111        0
MTT   NLHE    44000   6000       9     283   72    57    93000

delta: $-7,000
2024 balance: $2,998,000
2024 blue distance: $79,000
balance: $15,807,303
MTT NLHE ITM pct: 41.50 (1216 of 2930)

Apples and oranges

Back in the days when I played sit and gos, I realized that it made a lot of sense to standardize on a buy in; if you don't, then a loss in a big buy in sit and go can wipe out all the gains you made in a bunch of small buy in sit and gos. That's like mixing apples and oranges, generally not a smart idea. The same is true, to a lesser extent, for MTT NLHEs. Accordingly, I'm going to try playing $200,000 buy in tournaments exclusively for a while, and see how I do.

This is an excerpt from my January 24, 2020 post. I realize I need to take my own advice and stop playing Orient Expresses; I need to stick with the midnight trains, which are my bread and butter.

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE   870000 130000       6      37   10    21        0
MTT   NLHE    87000  13000       6      60   15    23        0

delta: $-1,100,000
MTT NLHE balance: $35,994,768
2021 balance: $10,523,000
blue distance: $3,200,000
balance: $88,188,453

Apples and oranges

Lately, my overall balance has been decreasing, even though my MTT NLHE massive balance has been increasing. This is due to the combination of two simple facts:

1. I'm in an MTT 8-game slump
2. the buy in for MTT 8-games is 5 times the buy in for MTT NLHE massives

What I'm doing by playing both these flavors at the same time is essentially mixing apples and oranges - never a good idea. My solution for the time being will be to play MTT NLHE massives exclusively.

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE      870   130       9    50     975  243   215     1679
MTT   8-Game   4350   650       6    67      69   18    21        0

delta: $-4,321
MTT NLHE massive balance: $28,406
balance: $10,039,670