Variance in sit and mtt

Warrior1961

Warrior1961

Legend
Bronze Level
Joined
Nov 10, 2019
Total posts
1,083
Awards
1
Chips
52
Hi everyone.

I guess there should be no exact calculation or statistics but, according to known facts, what is the probability of not entering prizes for example, "x" number of sit and go followed (double or nothing or common, short or long table), or "x" mtt in a row.
I imagine that the variance in mtt must be huge and rather smaller in a table sits but, if anyone has any ideas I will love to read it.

Thanks in advance and for always being there.

Best regards from Buenos Aires ..
 
F

fundiver199

Legend
Loyaler
Joined
Jun 3, 2019
Total posts
13,522
Awards
1
Chips
308
As for not cashing that is a pretty simple mathematical calculation, if we ignore skill edges. In a 9 man SnG 3 players get paid, so the risk of not cashing is 6/9 = 67%. The risk of not cashing 2 times in a row is 6*6/(9*9) = 44%. The risk of not cashing 3 times in a row is 6*6*6/(9*9*9)=30%. And so on. In DONs the numbers are lower, since half the field gets paid, and in MTTs they are higher, since typically only 10-20% of the field gets paid.
 
Warrior1961

Warrior1961

Legend
Bronze Level
Joined
Nov 10, 2019
Total posts
1,083
Awards
1
Chips
52
As for not cashing that is a pretty simple mathematical calculation, if we ignore skill edges. In a 9 man SnG 3 players get paid, so the risk of not cashing is 6/9 = 67%. The risk of not cashing 2 times in a row is 6*6/(9*9) = 44%. The risk of not cashing 3 times in a row is 6*6*6/(9*9*9)=30%. And so on. In DONs the numbers are lower, since half the field gets paid, and in MTTs they are higher, since typically only 10-20% of the field gets paid.


Thank you very much my friend.

Best regards from Buenos Aires.
 
Top