Stats Of Profitable Online Poker Tournament Pros
There are websites that post the result of online tournaments. This data base allows us to examine the stats of the winning players online. Let’s see what we can learn from these stats.
One of the most notable stats is the number of tournaments that these winning players play. Here are the basics stats for a player who made $200,000 on one site in MTT events, in one year. He played in about 2,200 tournaments. His average buy in was $175. His return on investment (ROI) was 52%.
This is a lot of tournaments. If he plays 300 days of the year he would need to play over seven a day. This means that this player was playing a few events at the same time. This is typical for these top players.
One benefit by playing such a high volume is that your good and bad luck evens out faster. If you play through a 30 tournament losing streak in three days, it is much less frustrating than doing it in fifteen or twenty days. The swing is the same but it seems shorter because a good result comes sooner.
Playing multiple tables is very common for highly skilled online players. One of the main reasons this is done is it can drastically increase your hourly rate of return. Another good reason to play multiple tables is to keep boredom from creeping into your play.
There are good reasons that players play multiple tables. If you can sustain the quality of your play, you profit much faster. Also, this keeps you busy, some players play even better when they multi table. Even the best players online only make money in about 15% of the tournaments they play. The reason they profit is they occasionally hit a big result.
The thing that makes these players profitable is that they make the mot out of the opportunities to get into the top three spots. The money goes up dramatically at the end of the tournament. Getting one third is vastly more profitable that having a few twenty place finishes.
Until you have a lot of results, it’s hard to know how good you are. The swings are big in MTT play, especially when you play in big fields. A big win, or ban run, will distort your results.
After you get enough results, you will see what you can expect from yourself. If you keep playing the same tournaments against the same level of opponents, you should maintain your level of profitability. Then you can start to know how much money you will make, on average, each month.
The stats tell us that most top tournament players play a lot of tournaments. The exception might be an occasional high stakes player. And, in spite of such a high volume of play, they keep a decent ROI of at least 50%.
If you feel like you can beat the MTTs, make sure you study up on bank roll management, The ability to play won’t help you if you blow your roll. You can’t escape the fact that there will be losing streaks that you’ll need to ride out.
Filed under: Games
Leave a Reply
You must be logged in to post a comment.