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How Full Tilt multi-entry tournies offer lower roi's than non-multientry tournies
By: herschelw
Published: Feb 28th, 2011
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Published: Feb 28th, 2011
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A large number of high stakes players seem to really like multi-entries. I think most people really don't understand how they have and will effect the online poker community going into the future. Multi-entries are a pretty cool idea. Getting to play the FTOPS main event 6 times is definitly fun. However, when you're trying to make a living at this game it has some pretty negative effects on the overall mtt community. Let's step back and think about what multi-entries do to a typical mid to high stakes tourney. Take the nightly $163 on full tile for example. Normally it gets 600 to 700 players. It's likely that 1/3rd of the field plays at a very high level, 1/3rd is competent and 1/3rd doesnt play particularly well. If it were made into a multi-entry with max 4 entries per person then it's likely that the 13rd of the field that plays well takes 4 entries, then 1/3rd that is compentent takes an avg of 2.5 entries and the 1/3rd that plays poorly avgs 1.5 entries. Let's say 600 entries is normal for this tourney. The tourney would now have 1600 entries with half the field being made up of very high level players, 31% of the field being made up of competent players, and 19% of the field being made up of poor players. Obviously in this new tourney a larger % of the field is made up of players who don't add value to the tournament. This has to lower the expected roi of every player in the tournament and also increase variance. I can't imagine how any one could think multi-entries could be good for the poker economy.




