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Poker Strategy
Learning Poker
Building from a baby bankroll
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[QUOTE="OzExorcist, post: 3594709, member: 23910"] "In the money" percentage doesn't mean much because it's not just [i]if[/i] you cash, it's how much you cash for. Take a typical 9-player STT with a 50-30-20 payout structure. For a $1 SNG, that's a $4.50 to first, $2.70 to second and $1.80 to third, for a total prize pool of $9. Let's take an extreme example and say you cash in 50% of your games, [b]but[/b] it's always for third place. You'd have a 50% ITM percentage but actually be losing money. Flip that around and say you only cash in 25% of your games, but you somehow always finish in first place when you cash. Your ITM percentage has [I]halved[/I], but now you're actually making a profit. Of course in the real world you're not going to always finish first or third, you're going to have a mix of results. Point is, ITM% isn't a particularly helpful stat. Back in the day I played a massive volume of STTs and at no point do I think I ever really paid attention to my ITM%. What I could do off the top of my head though was tell you my ROI or my lifetime $/hr in a particular game format. That's more useful information because it tells you how much you're actually [I]making[/I] in return for what you're putting in ($ from your bankroll, or time, respectively). As for whether it's "easier" to win STTs than it is to place in the top 10% of a multi-table tournament... like pretty much anything in poker the correct answer is a great big "it depends". Though if you're looking for a one-word answer, it's "yes". An STT pays 33% of the field, so at the very least you expect to be cashing in them on a more consistent basis. They've got much lower variance than MTTs. And just to be clear, it's purely the variance that's the reason I recommend avoiding MTTs while you're trying to build from a tiny bankroll. I'm not saying that MTTs are "bad" and that you should never play them - I'm just saying that they pose a unique problem when you're under-rolled, so you should wait until you've got a stable bankroll to play them. [/QUOTE]
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