Short response.. I'do longer one later
One MTT is luck/ skill.. 75% luck? Note this is 1 tournament
You mentioned premium hand... But there's also races
Both are binominal.... Say AA and KK are luck... I think 0.9%. Call it 1%
250 hands
https://stattrek.com/online-calculator/binomial
Zero =8%.. 1 through 3 = 20-25% each... 4_= 13%... 89% cumulative prob to 4 (inclusive)
2) races... Late vs early- mid... Late = tons of races.. I do 6 races (doesn't include all late races). 50%. Sometimes 60%, sometime 40% but average 50%
6 for 6 = 1.5%... 5 = 10%.. 4 = 23.4% but not enough to be considered a hot luck run