Quote:
Originally Posted by homerdash
well, i guess you're not Dream Crusher after all (or you're gathering info for a friend or switching to donkaments from cash)
I'm not Dream Crusher. And I'm a cash game specialist but I've been fooling around with daily tournaments lately, especially before 3 p.m.
The reason I picked Excalibur (28.5%), PHo (27.5%), and Aria (21.5%) is because the first two have similar rakes in terms of percentage of buy in. The other tournaments in town - especially the sub-100 buck buy in ones - have an insulting 30% some rake.
In Excalibur, it is very common to see people to just open limp late in the tournament with 1 bb even if they only have 2 bb's. "Tourists" checking the nuts on the river in last position can also be seen. Most players don't know when to make standard raises and when to start push-fold. And almost everyone is very poor at taking advantage of steal situations.
Let's say, based on the above, that a Two Plus Twoer (who has read Theory of Poker, Professional No Limit Holdem, participates or at least lurks in the strategy forums, and has 1,000 hours or more playing experience) is twice as likely than the field to ITM and win straight out. This means that in the $45 Excalibur tournament, he'll win $45 each time he plays minus the $13 rake equals $32 long term profit per tournament. That's $128 per day if he plays all four of the daily tournaments available.
Now here's the reason why I started this thread. If the PHo players are exactly as bad as the Excalibur players, then our hero Two Plus Twoer will make the following: $80-$22 equals $58 long term profit. That's $290 if he plays all 5 daily tournaments. That would definitely be higher than the daily long term win rate of the 1-3 and 1-2 and even 2-5 cash game grinders playing 8 hours. (this last part is the most important part of this thread/post)
However, based on my little experience with both tournaments, the two aren't equally as bad. Excalibur is definitely worse. But by how much? Let's say the Two Plus Twoer is only 50% better than the field at Planet Hollywood then that tournament is only worth $40 to him, minus the $22 rake for a total of $18 per tournament....and it requires a bigger roll. Less profit with a bigger roll.
That's why I started this thread. I need an estimate of the difference in skill levels between the players at the Excalibur and the players at PHo. Are the PHo fields twice as good as the Excalibur field? 50% as good? 10% as good? Just as good?
Let's leave Aria out for now.