Originally Posted by s.boxer
Can someone answer my question?
Are live MTTs really this soft that you can still make a profit after giving away 30-40% of your winnings every time you cash? I keep reading about people playing in 20-30% raked games and then tipping 3-10%. Needless to say I'm skeptical that they are winning MTT players, but that's why I'm asking. It sounds like a live $100 buyin tourney is the same skill level as a 10c MTT on stars.
I remember posting in a thread on this type of subject a while ago. This whole tipping on a mtt varies when people say "win". Some people think that means "1st", others seem to think it means "cash". You are taking it to mean "cash". But I'm willing to bet many people here who are talking about tipping, are only talking about after they finish "1st".
I have no problem tipping 5% when I finish 1st in a mtt and have done so in the past. But I tip nothing when I min cash. And I'll tip something in between 5% and nothing when I finish 2nd through 5-7 depending on the size of the tournament. Obviously if there is a dealer add on or some such thing I rarely tip anything.
But I don't play poker for a living so I can't answer your question if this is sustainable as a livelihood.
This whole thing about the rake out of tournament compared to cash is a little twisted I think. They take nothing out of any pot during the tournament as opposed to cash where they take there cut every hand. I'm guessing if you look closely at it you get more play for your money in tournament than you do for cash. It's just at cash they nickle and dime you to death and you don't even see it. Whereas in a tournament it is just so starkly in front of you how much you are paying them.