Quote:
Originally Posted by umphreys who
I've only played around ~5 of these and each time the prize pool was around for 20% lower than the actual buy-ins accounted for. Are these profitable in the long run? How often is the prize pool bigger than the total buy-ins?
25 percent of the time it is larger, 25 percent of the time it's exactly the buyins (minus the fee/rake), and 50 percent of the time it is smaller.
When it's smaller, it's 2 buyins less, but when it's bigger. it can be many buyins more. This is how it balances with it being smaller more often.
Here's a table with how often each is expected on average. (numbers are rounded)
Last edited by Max Cut; 03-19-2017 at 11:23 AM.