Mr. 65th percentile

This is the second time I've used this blog post title. 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 :-)

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    28      70   15    36        0
MTT-R NLHE    43500  6500       9    75      52   12    20        0

delta: $-200,000
MTT with rebuys NLHE balance: $33,015,500
2018 balance: $-708,000
balance: $44,805,260

Mr. 65th percentile

I just took a look at the bar chart of my running average percentile in MTT-R NLHEs, and it's quite consistent, hovering around the 65th. Clearly, running average percentiles are bound to be smoother than other running averages, since the numbers which are averaged are already well-bounded. Of course, if my progress were really as smooth as the running average indicates, I would have lost money hand over fist, since the typical percentile for making the money is around the 75th, and can go as high as the 80th.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    59      48   12    21        0

delta: $-150,000
MTT with rebuys NLHE balance: $17,422,500
2017 balance: $18,354,150
balance: $29,771,980