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Article: 87 Poker Tournaments, One Day

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  1. Dan Dan is online now Administrator

    Posts: 5,247
    Joined: May 06

    Jul 27th, 2009 (7/27/2009 3:57pm)

     
  2. TMLMS13 TMLMS13 is offline

    Waterloo
    Canada

    Posts: 15,983
    Joined: Dec 05

    Jul 28th, 2009 (7/28/2009 3:32am) in reply to Dan

    <p>talk to jeffbowski about playing volume</p>
  3. wny2nyc47 wny2nyc47 is offline

    Princeton, NJ
    United States

    Posts: 1,229
    Joined: Nov 06

    Jul 28th, 2009 (7/28/2009 9:37am) in reply to Dan

    <p>How does the 87-table micro hourly compare to the restaurant business?  My ears would start bleeding after hour 3.</p>
  4. JonesZ JonesZ is offline

    United States

    Posts: 456
    Joined: Jul 07

    Jul 28th, 2009 (7/28/2009 10:50am) in reply to Dan

    <p>87 tournaments in one day $197 ROI guess we measure success in different ways.</p>
  5. darkhelmet13 darkhelmet13 is offline

    Mason, OH
    United States

    Posts: 240
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    Jul 28th, 2009 (7/28/2009 10:52am) in reply to Dan

    <p>its nateavensonpoker.com and you're a beast.  </p>
     
  6. sherlock sherlock is offline

    Montreal
    Canada

    Posts: 14
    Joined: Jul 06

    Jul 28th, 2009 (7/28/2009 11:07am) in reply to Dan

    <p>I am more interested in what the hourly rate would be. In the case above, it is not great. In fact, there are much easier, less stressful and guaranteed ways to earn a lot more than $197 for a full day's work.</p>
    <p>I would prefer playing 2 180 seaters simultaneously for $20 +$2, knowing at the outset that I will need to play 4 hours or so if I go deep. If I win, I am winning $1,040 for 4 hours work (i.e. $250 per hour) and an ROI of 5000%.</p>
    <p>For a guarantee, IT consulting pays a great hourly rate and is less stressful.</p>
  7. P0KERDUUDE P0KERDUUDE is offline

    NH
    United States

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    Jul 28th, 2009 (7/28/2009 11:32am) in reply to Dan

    <p>pft 87 is nothing.  i played 162 on dec 31 2008</p>
     
  8. Nate Avenson Nate Avenson is offline

    Park Rapids, MN
    United States

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    Jul 28th, 2009 (7/28/2009 12:24pm) in reply to Dan

    <p>87 tourneys is a lot for one day. But it is a rediculously small sample from which to attempt to derive any meaningful info. </p>
    <p>wny2nyc47, I would imagine that if I played 87 multis a day, every day, I could pretty easily sustain, at the very least, a 50% ROI. If my avg total buyins stayed at ~$1000 during that period, and my avg daily hours was ~15, the expected hourly return would be $33.33/hr. I was making ~$12/hr when I left the restaurant industry. The two don't even really compare.</p>
    <p>JonesZ, I guess we do measure success differently. I tend to look at things a little more long term(46% ROI this year,~$33/hr), while you tend to meassure success based on the amount won or lost on a given day. If I, or any other mtt pro for that matter, measured success based on daily changes to our bottom lines, we would think ourselves to be losers, since most day totals are red, and in parenthesis)</p>
    <p>Darkhelmet13, I own both nateavenson.com and nateavensonpoker.com, same place, different address.</p>
    <p>Sherlock, I calculated the expected hourly return in my reply to wny2nyc47. To me, that is how much I earned on Sunday. Actual outcomes are arbitrary, long term expected value is all that really matters in poker. As for playing the 2 $20 180's in 4 hours, why not win them both in your example? Then your ROI would be 10,000%!!! In reality, I think sustaining a 100% ROI might be possible if you only two table the 180's. 100% ROI = $44 per 4 hours session = $11 an hour. I'd probably go back to restaurants before "grinding" two tables at that rate. IT consulting, while profitable over even the smallest sample, does not provide much opportunity for increasing returns over time, probably why it is so stress free.</p>
    <p>POKERDUUDE,</p>
    <p>I thought deebs 100 was pretty sick, 162 is nasty. I wonder how many 180's I could play in a day? 15/hr for 12 hours would be 180. Look for "180 180's in 1 day" thread in near future....</p>
     
  9. calebku33 calebku33 is offline

    Athens, GA
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    Jul 28th, 2009 (7/28/2009 8:38pm) in reply to Dan

    <p>"I would prefer playing 2 180 seaters simultaneously for $20 +$2, knowing at the outset that I will need to play 4 hours or so if I go deep. If I win, I am winning $1,040 for 4 hours work (i.e. $250 per hour) and an ROI of 5000%."</p>
    <p>_____________________</p>
    <p>lol @ this. statistics 101 ftw.</p>
  10. Thetank72 Thetank72 is offline

    Kansas City, MO
    United States

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    Jul 28th, 2009 (7/28/2009 11:30pm) in reply to Dan

    <p>Wow very impressive. I play about 50 every sunday, stakes from 26-130. </p>
    <p>On the subect of ROI i cant even belive they brought it up in the article as 87 tourney's is absolutly nothing to a MTT pro. like Nate said most days are in the red. period. In fact many months are in the red. In terms of MTT's the word ROI shouldn't even be brought up till you have at least 1000, and even then its very arbitrary.</p>
     1
  11. Lipton Lipton is offline never gets replies

    Skaneateles Falls, NY
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    Jul 28th, 2009 (7/28/2009 11:33pm) in reply to Dan

    <p>Nice Job Nate, Well Played</p>
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