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July 5, 2013
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A question for the pro's.
What should the expected payout be in a $60,000 Gtd Mtt with 6000 entries if you finished 15th/6000? I'm having serious doubts about playing large field mtt's due to the poor payout structure. Is there any standard mtt payout or do they just invent their own as they go along?
TPE Pro
September 28, 2012
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The question is a little vague. Is the prizepool exactly 60000k and 6k people so 10$ buy in? I dont know off the top of my head, i would imagine its around 150$ if I were to guess.
A vast majority of poker sites follow the same payout for all their tournaments(that chagnes based on the number of people). This is 100 times easier to implement then changing the apyout for each tourney so in terms of effort having a consistent payout is easier.
Sometimes you will see prizepools vary when they are around the number of etnrants of a “pay change” that is they go from paying 27 to 36. At 27 you could have a 25k prizepool divided by 27 people at 36 it could be just one more entrant, so liek a 25.1k prizepool, that is now being paid to 36 people, so the apyouts will look a lot more flat and the top will be a lot less.
For Coaching - ccuster911@gmail.com - HH Reviews/Leak Finder(HEM or PT)/Concept Discussion
July 5, 2013
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mostly I would like to know from a professional what he/she would expect to earn if they finished 15th/ 6000 entries and a $60,000 prize pool. Do poker rooms just invent their own payout structure or is their a industry standard?
July 5, 2013
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Do u consider 150$ a reasonable return for a 7 hour grind finishing 15th out of 6000 with a 60K prizepool??
TPE Pro
September 28, 2012
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The value in tournaments is in winning them. 99.9% of MTTs regs dont care what non final table numbers are for any tourney. If anything most of them would prefer everything to be final table paid only.
For Coaching - ccuster911@gmail.com - HH Reviews/Leak Finder(HEM or PT)/Concept Discussion
TPE Pro
June 14, 2012
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I agree that it's pretty damn annoying to run that deep and only make $139 profit. 100% sympathize.
TPE Pro
September 28, 2012
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rivermen123 said:
I agree that it's pretty damn annoying to run that deep and only make 1400% ROI. 100% sympathize.
For Coaching - ccuster911@gmail.com - HH Reviews/Leak Finder(HEM or PT)/Concept Discussion
March 21, 2013
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basically what you do is look at a single tournament. As a pro grinder you only look at the ROI you expect to obtain in a year and then grind a year. So basically what I expect to make in a $10 tournament is $8 (80% ROI) over a year. When you're able to grind out 30-40 tournaments a day you can expect a decent hourly.
As CCuster911 said, the value is in 1. cashing and 2. winning, everything in between is not really worth mentioning imo, payjumps are of course something you look at but they're really top heavy so only FT payjumps 'count'
For a field of 6000 in a Pokerstars “Big 11” the payout would be $267 (it would've just hit it's guarantee of a 60k prize pool) and 1st, 2nd and 3rd would be $9385.8, $6990 and $4950 respectively. A profit of 23.3 times the buy-in for a long game when there are 852 buy-ins up top is always frustrating but it's gonna happen when you are playing for 1st (hence why people multi-table). Variance in large field mtts is huge (hence, again, why people multi-table. Also bankroll should reflect this @ >300 buy-ins; prob more like 600 to reduce risk of ruin for someone trying this as sole income) and this is just part of that variance, along with busting for zero 85% of the time and hopefully getting a 1st now and again.
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