P
pogreshilly
Enthusiast
Silver Level
(prize pool)/(no. of winners)/(buyin+fee) gives you a set of odds
(those odds)*(no. of winners) gives you max worthwhile entrants
For example: If the guarantee is $400 and 5 win and the buyin+fee are $5.50 the odds are about 14.5:1. If you multiply 5 by 14.5 you get 72.5, so as long as there are 71 or fewer entrants it's worth your while to enter the guaranteed tourney. Once the number of entrants including yourself is 73 or higher, the potential for profit is reduced so much that it ain't worth it.
Makes sense?
(those odds)*(no. of winners) gives you max worthwhile entrants
For example: If the guarantee is $400 and 5 win and the buyin+fee are $5.50 the odds are about 14.5:1. If you multiply 5 by 14.5 you get 72.5, so as long as there are 71 or fewer entrants it's worth your while to enter the guaranteed tourney. Once the number of entrants including yourself is 73 or higher, the potential for profit is reduced so much that it ain't worth it.
Makes sense?