Quote:
Originally Posted by jjyykk
Apologies this is extremely tldr
12/31 Plays: $2770
Note: These overlays are 100% accurate. I have backtested by multiplying Avg. used by Scope x Entrants to get the correct prize pools.
109R/40k #701010501 (so you can search on Sharkscope):
wrote down the lobby and there was an overlay of 6,790. The field was very soft. Scope shows 123 entrants at an average of $270 per.
Giving 6790/123 is $55 per person (this is in your favor since a lot of the weaker players didn't even make it to the add on).
So we will start at (309 +57) and mark it up by 1.15. This results in an effective MU of 1.35.
$309 x 1.35= $418
$215T/30k #664696056
139 entrants creating a prize pool of $27,800. Each entry was worth 30,000/139= 216 + 15 rake= $231 dollars. Mark it up by 1.08ish= $250.
$215 x 1.16= $250
$50R/25k #701010591
There was another big overlay for this tournament. It only had 98 runners (today's field shows 180) paying $153 per. That creates an overlay of 10,000/98= $102.
I finished 14th in this tournament to an absurd hand and was a chipleader for most of the tournament (1st was 6.8k, mincash was $600).
Considering 155 + 102 is already 1.658 markup, I don't feel comfortable adding more markup.
$155 x 1.658= $257
$215T/30k: Strangely enough, no overlay for the second 215 Turbo.
$215 x 1.14= $245
$216T/20k FTP: No overlay.
$216 x 1.13= $245
$216T/12.5k 6m FTP: 55 runners creates a negligible overlay.
$216 x 1.157= $250
$109 Stars 2R1A/12k: no overlay.
$409 x 1.22= $500
$55R Big Antes: no overlay.
$155 x 1.16= $180
$55C Turbo FTP: no overlay
$155 x 1.13= $175
$109R 6m/15k: no overlay
$209 x 1.19= $250
No 215 2x Turbo.
Cashes: $1617.62
$750 (9th 215 Turbo)
$405.62 (9th 55R Antes)
$462 (4th FTP Antes)
pretty tired right now, but im not sure if this computes for me. If we investors are being charged for the overlay, then are we really seeing any benefit of the overlay? I tried to work it out in my head but somehow it seemed way to complex for me at the moment. maybe someone can chime in with their opinion or u could explain mathematically how this works.