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Poker - $10-40 MTT tourneys with 2000+ players
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#1
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$10-40 MTT tourneys with 2000+ players
I play a lot in tourneys that usually have 2200-2500 players. Top 300 pays 1.5-2x buy in and up.
What % ITM should my goal be? I say 25% based on past experience, but Im not sure if that is realistic. I've compared it to SNG's where I take 1-1.5x the % that make the money to shoot for my ITM%, so if top 3 positions pay, Im hoping to hit money 30-45% In a tournament like I listed above 300/2400 would be 12.5% ITM, so that would mean shoot for ITM 1/8 times to 1/5 times, but the only way to make money doing that is to finish high enough to make it profitable. Anyway, just curious on others take. |
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#2
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Forget the ITM%.
ROI ROI ROI (% or $) Your ITM could be 30% and you could be losing money, and you ITM could be 10% and you could be making a small fortune in profit around 85% of people have a negative ROI in MTTs, and many of those have a good ITM%. Therefore it is essentially irrelevant as a statistic. A good player can sustain a 40% to 100% ROI. A very very good player can sustain close to a 200% ROI. (these are stats based upon a 2000 MTT dataset being enough to satisfy the 'sustainable' tag) |
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#3
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Well put welly. The only thing that matters is the ROI%. This is because around 60% of the players who cash only get double or triple thier buy in back. Now to make a good profit at this then you would need a ridiculously high ITM%. Now I dont imagine you are getting a 80% ITM which is around the percentage you would need to make a consistent profit.
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