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chipengineer2 · High Card Joined: 20 May 2008 Posts: 18

If you have plenty of time, dont need the money, and your averaging in the top 30% or so then MTTS may be worth sticking out for the long haul. Thing is its a grind, mental grind and you have to be prepared for that. You may not cash for days and not hit a final table for weeks and you have to be prepared for that also. You may also hit the minor payouts alot and feel youve wasted your time when you dont even double your investment after 3 hours of work, another thing to be prepared for.

Mtts are like playing to hit the home run and if you can stick it out long enough and collect enough cashes to keep going sooner or later if your any kind of player youll hit that homerun and everything will seem worth it but mtts are not a way to make steady every day income if thats your idea at least IMO.

Id say if your looking to use poker for daily income then play sit and gos. Much less of a time investment. When you have a good day and are feeling good about things take some profit and enter a mtt when you know you have the time to play it right.

gl

LostOstrich · Posted: Sun Jun 22, 2008 6:04 pm Post subject:

imurvariance is correct.

The variance in MTTs is considerably higher than in SNGs and rings. That applies both short term, and long term.

However, PsychoDonk is on the right track, imo. There is more potential for a winning player to make a higher ROI in MTTs in the long term, than in either of the other 2 variants. The 100-game example is ludicrously small though.

To answer the OP, you need to view MTTs as a long term proposition, and play as many as you can. If you apply a 100-buyin BRM system, review your correct level every 100 games. Taking occasional shots is fine imo (disclaimer: I play outside of my correct limits at least 20% of the time, but that's just me), but be aware that playing higher stakes simply makes the effect of variance even more pronounced.

Of course it's massively frustrating to be donked out after 3 hours time after time, and the effect of variance is magnified by the fact that losing key hands at crucial stages can cancel out dozens of succesful plays. This is exactly why you need a huge sample before you can claim to be a winning player, and also before you need to accept that you're not.

But the simple fact is, the potential ROI is considerably higher in MTTs. MTTs therefore have better long term profit potential for players who have a good edge over the field, but with this potential comes the caveat that massive, pronounced downswings are not only possible, they're pretty much guaranteed.

cubbies760 · Posted: Sun Jun 22, 2008 6:08 pm Post subject:

LostOstrich · Posted: Sun Jun 22, 2008 6:11 pm Post subject:

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