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wtf pokerstars payouts

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  1. telks telks is offline

    Costa Rica

    Posts: 733
    Joined: Dec 08

    Apr 1st, 2009 (4/1/2009 5:38pm)

    I was just looking at the payouts for the 5r SCOOP and if there are 29,701-33,000 entrants they are going to pay out 6,000 people. that is soooo many people... Also first is only going to be 8.5%. I guess its a massive field but i still feel like 10-12% makes sense.

    not that this will affect me in any way, but still wtf.
    12
  2. bluffslv bluffslv is offline

    Las Vegas, NV
    United States

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    Apr 1st, 2009 (4/1/2009 6:03pm) in reply to telks

    reduces variance in MTTs, imo.
  3. iatetheredcrayon iatetheredcrayon is offline

    Austin, TX
    United States

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    Apr 1st, 2009 (4/1/2009 6:44pm) in reply to bluffslv

     
    Originally Posted by bluffslv View Post

    reduces variance in MTTs, imo.

    \ br variance maybe...pretty sure the variance on the felt stays the same no matter how stars pays people out...
  4. funnygut funnygut is offline gone hollywood

    Posts: 2,203
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    Apr 1st, 2009 (4/1/2009 6:54pm) in reply to bluffslv

    stars payouts suck across the board. Yawn
     
  5. Appst08 Appst08 is offline

    Mexico

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    Apr 1st, 2009 (4/1/2009 6:55pm) in reply to iatetheredcrayon

    my bubble play is 5x the pressure, risks, flips on stars than on tilt.

    fk mincashing imo
     
  6. doubledave22 doubledave22 is offline

    NJ
    United States

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    Apr 1st, 2009 (4/1/2009 8:15pm) in reply to iatetheredcrayon

     
    Originally Posted by iatetheredcrayon View Post

    br variance maybe...pretty sure the variance on the felt stays the same no matter how stars pays people out...

    not true... variance is just in the simplest form, swings. It will be less swingy the more pay out. Long run your expectation will be the same tho i think thats what your trying to say
     1
  7. theslackman theslackman is offline

    Grangemouth
    United Kingdom

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    Apr 1st, 2009 (4/1/2009 8:40pm) in reply to doubledave22

    Thats not actually right though dave. Your EV is reduced by the flatter payout structure if you are better than average, given that you come in the higher positions more often than the average player (long run). Weighting payouts more towards the top places (which long run are occupied more often by the best players) plays into the hands of the better players in the long run. So although you cash more often and thus reduce variance, this comes with the expense of reducing your overall EV.
  8. Manube Manube is offline

    Charleston, SC
    United States

    Posts: 127
    Joined: Aug 07

    Apr 1st, 2009 (4/1/2009 10:31pm) in reply to theslackman

     
    Originally Posted by theslackman View Post

    Thats not actually right though dave. Your EV is reduced by the flatter payout structure if you are better than average, given that you come in the higher positions more often than the average player (long run). Weighting payouts more towards the top places (which long run are occupied more often by the best players) plays into the hands of the better players in the long run. So although you cash more often and thus reduce variance, this comes with the expense of reducing your overall EV.

    ^^this
     
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