MTT Expected losing streak?

EchoEllis

EchoEllis

Rock Star
Silver Level
Joined
Apr 22, 2013
Total posts
132
Chips
0
So on average lets say you cash 10% of the time in MTTs. How much could variance apply and what is the maximum times approximately you will not cash in a row?
 
P

ProntoGM

Rising Star
Silver Level
Joined
Nov 21, 2015
Total posts
18
Awards
1
Chips
1
If take into consideration sit &go 45+players, last my loosing streak was 10 times in a row, 4 times I was bubble boy.
 
Andriy Doshchyn

Andriy Doshchyn

Rising Star
Bronze Level
Joined
Jul 16, 2015
Total posts
19
Chips
0
Std. Error of winrate at SNG180 is nearly 3-5% (taken from my friend's HH).
 
A

AlbieTross

Legend
Silver Level
Joined
Sep 17, 2015
Total posts
1,302
Awards
1
Chips
1
My losing streak is a pretty high percentage of my tournaments. Probably close to 80 - 90/
 
bitowl

bitowl

Rock Star
Silver Level
Joined
Nov 20, 2015
Total posts
135
Chips
0
If you do a search for 'tournament variance calculator' you can find some good simulators that let you enter a bunch of info.

MTTs have about as much variance as any type of poker. You need to play a ton if you want to win with any certainty.
 
PapaC

PapaC

Legend
Silver Level
Joined
Aug 30, 2010
Total posts
2,798
Chips
0
About 2 months ago I took my last $5 and won one MTT at BCP for $168 and got in the money the same day in another one for $86. Since then I have not made the final table in even one, even though I have got ITM for small cashes, and I have picked up some money at cash tables, and I have seriously watched my BR, so I'm able to keep playing. So if I'm cashing 10%, I'm doing good enough to play, but without any profit. Like bitowl said, you have to play a ton of MTT to come out ahead. GL to you
 
N

nygmen2007

Visionary
Silver Level
Joined
Aug 23, 2014
Total posts
598
Chips
0
I mean i would have to say that in MTT"S I am cashing small and overall make a final table a few times a month, but I do not know an exact percentage of what to expect to lose every time??
 
Top