From PokerProLabs, here's the stats on my last 100 tries:
- Top 25% of participants: 40% of the time.
- Final Table: 31% of the time.
- In the Money: 14% of the time.
In these 100 tries, on average, final table represented 16.7% of the field, and in the money represented 7.4% of the field.
Another way of visualizing this information is to value each entry and compare the amount 'spent' with the amount won. I did this by assuming the total tournament would collect $22.22 from players, collect a 10% rate, and pay out $20. The cost of each entry would, therefore, be $22.22 divided by the number of players.
Using this metric, each tournament cost about 41 cents whereas my average win per tournament was 70 cents. That's a ROI of ~69.4%. Pretty sizable, but much of the field isn't playing their best (since the entry didn't cost anything.)
Another way of visualizing this information is to value each entry and compare the amount 'spent' with the amount won. I did this by assuming the total tournament would collect $22.22 from players, collect a 10% rate, and pay out $20. The cost of each entry would, therefore, be $22.22 divided by the number of players.
Using this metric, each tournament cost about 41 cents whereas my average win per tournament was 70 cents. That's a ROI of ~69.4%. Pretty sizable, but much of the field isn't playing their best (since the entry didn't cost anything.)
First Event: 10/10/19 6:05:00 AM
Last Event: 12/08/19 12:05:00 PM
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