Are MTT's realy worth it?

I stick to the 2% rule when playin in MTT's bcos the last time i final tabled/won one was a kanny few months ago lol. Mayb im jus not a MTT player but are they worth it?
Im making more money of playin cash games and SnG's. Playin in a MTT is something like a treat.
Does any1 cash freq on pokerstars large MTT's?
pokerstars micro MTT's are stupidly big like 3000+, maybe thats the reason why it's so hard...
Ah well im in a $2.20 90man SnG on stars. Lets see how that goes

Yes they are worth it when you make it to top 5 or so, otherwise any cash is basically just a lot of work to get your buy in back.

its def hard to play mtt on ps and win in them consistantly. i played the $1.10 2gtd on ps and won it for $716 which is great value but thers was 5k plus peeps in it. i hv also been playin 3.30 mtt like the 3.30 8-max 1.5kgtd which only has a 1100-1275 people it in durin the week. mtt r tough because they take 6-7 hrs but i like them and hv improved my game playin them. i dont like cash games online. gl on the felt.

I like the MTT for the chance to make a great ROI. and, use the information and experience to better my game. I too find I do better in cash games, I guess they fit my style. Yet, I still enjoy a good MTT with 3 -4000 people in it and see what happens.

I read an interview with Jon "pearljammer" Turner once. He is usally like 30-tabling MTT's on Sundays, and he said his profit comes down to one big cash every 6 months or so.
So he has around one big score for every 2000 or so tourneys he play.
Kind of sick variance.

'are they worth it' ... dollar wise... or emotionally ???

Emotionally? ... I play them because I enjoy them. But I also play them online with understanding that I will find more frustratrion situations.

Profitable? ... With thousands of online players in each micro-MTT the likelihood of cashing anything significant is questionable. There are only a small percentage of winners. I can't say I would ever plan on making a lot of money in online MTT's.

My live casino MTT play is FAR more profitable than my MTT's online. After almost 3 years playing online, I'd venture a guess that the main difference is the quality of play experienced on each.

Profit from cash games is FAR more likely IMO if you are better than a 'decent/average' player. Less than average/decent? Expect your online experience to be recreational.

I do much better at MTTs than I do at cash games or SNGs so, yes, for me they are definitely worth it. They suit my play and are the only thing I play now.

MTTs require lots of patience, but the rewards can make it worth it. Lot easier to bluff in a tourney for me than a SNG.

I prefer MTT's as one off shot's for me as the reward for top 5 is huge. But im not profiting from them. Mayb I need a coach?
Check my graph out. (there will be huge dips, thats bcos I treat my self to slightly larger MTT's depositing from my bank card. I cant get to the casino which sucks balls).

Untitled.jpg (http://www.cardschat.com/attachment.php?attachmentid=25588&d=1263425049)

Yes, tournaments can certainly be profitable. I personally make a useful five-figure second income from poker and primarily from tournies.

However, a tourney player must be prepared for long (and sometimes frustrating) periods of bad variance. All the more so if you play in tournies with very large numbers of entrants. I usually avoid anything with more than 1000 players.

You can only profit from MTT if you're planning to win it. No cashing. You gotta win it. All or none. For example. Daily Dollar. You have to spend 3-4 hours just to cash. When you cash, that's barely double your buy-in. Sometimes, less. You have to plan on taking it down. It's either 1st or none. On huge tournaments, it's either final table or none. That's how I look at it.

MTT plaly is a different animal. Personally I prefer it over all other forms of NLHE poker.

I completely agree with everything said here except the number of players. I like the ones with 800 to 1000 people a little better. There is still a nice ROI for finnishing around the last two tables while it doesnt quite take as long. But agian thats just a matter of preference and I have been in some 8k people tourneys where I had loads of fun.
I really like Nevadanicks response here too when asking if MTTs are worth it.

I love mtt's thats where I make most of my money. I believe you get a big reward for a little buy in due to more players.

Tournaments (+2000) with large fields are almost impossible to be placing in the "final table money" consistently. I would be amazed to see any player having a 5% ROI in those.

i say MTT over 2000+ is not worth playing. you might spend couple hrs and nothing in return. I think MTT around 20-40 slow blind most profitable...

You don't have to consistently make the final table to consistently make a profit. My average field size is 3000+ and my roi is well above 5%.

I do enjoy MTTs but dont play very many. Most of my poker winnings have come from tourny cashes..the downside is the fact that they're very time consuming. You have to comit a whole night to one...

MTTs are awesome imo, but untill you understand the varience involved in large field MTTs then they can really be soul crushing.

But if you have a good strategy and overall grasp of teh game MTTs can be very profitable but you just have to play so many.

Huge volume is a must if MTTs are your only/main game.

TD

Nothing more satisfying than fighting your way through a hugh field to take the tourney. May take way too much time, but when you hit a big one, the enjoyment and bankroll can carry you a long time. I play recreationally, with the cash-in as a bonus.

Very well said, txs. But as a specialist (like Towst for example or Irexes) you can really gind out a decent ROI (including your time) without risking BR....

And the BIG ONE is always a chance ahead...

Tourneys like the DD are really hard to go deep with any kind of consistency. They are useful if you want to build a BR. it takes 3.5 hours to cash, but only an hour more to get to about 5-6 dollar payouts. About a dollar an hour isnt a lot, but 100-400 is somewhere you can place pretty consistently. Say you cash in every 3 of 5 DD tourneys you play. In one you make 6, and two you make 5. thats 16 dollars, 11 dollars profit. Say you play with that kind of consistency for a month, playing about 15 DDs, thats 33 dollars of profit if you continue with 11 dollars per every five on avg. Its not alot, but if you play SnGs with it... you can really grind out a BR.

[quote=Makwa;1384926]Very well said, txs. But as a specialist (like Towst for example or Irexes) you can really gind out a decent ROI (including your time) without risking BR....

Sounds Interesting. How do you benefit?

yh when you are playing MTT's you have to make sure you are only committing a very small amount of your bankroll, simply because there is less chance of cashing than you have playing sng or cash games.
adsthepro

What is your average ROI on MTTs?

People typically don't realize how small the margins we're exploiting are. I really don't know much about MTTs, but for SNGs an ROI of 5 to 10% is really excellent beyond micro-stakes, and that means that in order to make a five-figure income, you need to invest a combined buy-in that is typically a six-figure amount.

Even if you had a 100% ROI at MTTs, if you play a $5 buy-in for 5 hours, your long-term salary would still be only about $1/hour.

I think the OP was making a point of where he wouldn't place very often. I'm saying that it's hard to place consistently. And about the ROI, I was reading another tread and got confused, I meant to say that I would be very hard to place in the "final table money" 5% of the time. Of course if you're a good MTT player, a 5% ROI wouldn't be out the question at all.

Yes they are worth it. All you need is luck, experience and a lot of time.
If you dont have too much time, try MTTs with about 100-200 players.
I dont recommend turbo tourneys, they are too fast and they are just about gambling.

Mtt crush my soul.Playing for hours dodging like 4k donks,make it to the final 3tables or so get AA cracked by q10vs big big stack an profit 7xbi.Damn that hurts.

Although I have detailed notes including every MTT I have entered, I don`t have them collated in such a way that I can easily extract that info. My primary purpose in keeping notes is to identify profitable regular tournies and profitable strategies to use in each tourney and blind structure. So, my notes are narrative documents rather than spreadsheets.

I can say that in 2009 I played in approximately 550 tournies. I am not sure of the exact total number, since I do not bother tracking the little games (generally CC buyins) that I play just for laughs.

Counting only the large tournies of which I do have full detail, I reached 26 final tables and had 57 other cashes. I achieved a net profit of $14,774 from large tournies.

I don`t have an easy way of calculating the total buyins. I play tournies anywhere in the range from $5 to $100 buyin, wherever I can find overlay or soft opposition or both. If we said that the average buyin might be $15, then my ROI would be considerably greater than 100%. It`s worth bearing in mind that a tournament player`s results are immensely skewed by a few big scores. Typical among last year`s final tables were one where I won $2000 for an $11 buyin, and another where I won $3500 for $22 buyin. I expect if I were to tot it all up, the 26 final tables must account for all my profit and the rest would be a break-even proposition at best.

The length of time spent is not nearly so great as you might think. A tourney is only a four or five hour marathon if you go deep and make a big score, in which case the time invested is a minor consideration. Where I am unsuccessful, I will usually be out in the first hour.

Someone made a comment elsewhere in this thread about tournament grinders not risking their BR, and that is 100% correct. I have an online BR of more than $10k and never put more than 1% of it into a single tourney. It is necessary to have that sort of margin in order that one can be entirely relaxed through the inevitable long periods of mediocrity between the big successes.

most people lose money find the game you are proffitable at with that said theres nothing like having all the chips in front of you 1 time i won the thursday nt tourney stayed the night at foxwoods got up played the early and won again picked up $8000 for the effort I was in poker heaven

I play huge field mtts all the time. Average buy-in $1, average profit $1, I have made about 1500$ on pokerstars this way.
But, i dont even want to think in terms of what my hourly rate would be.
10c an hour maybe.

True, but if you play 5nl for 5 hrs and with 10BB/100 hands result you would make 30 BB (typicly 60 hands/hr), ie 3$.
That is 60c/hr.

And there is one flaud with your calculation. All the times when you bust out early. The average time is proabably around 2hrs. So 2.50$/hr compared to 0.60$/hr.
Well I dont know, what would you choose?

Sure, but you can play 24 tables at 200nl at any time of the day and make a very substantial income, while you can't multitable MTTs with significant buy-ins. There are not enough of those running.

True, also MTTs demand a higher level of concentration on each table. Rising blinds and varying chipstacks mean that the nature of the game shifts and changes as it proceeds and a single error can knock you out and end your prospects. Few MTT players can successfully play more than 3 or 4 at a time. Personally, I find 2 works best for me.

They are worth it if you can mentally handle sitting there for 4 hours. It's a great way to hit a big cash if you're disciplined enough to last.