Quote:
Originally Posted by Mason Malmuth
HI Three:
This is an interesting post. I've always wondered why certain players do well at no-limit tournaments yet lost consistently in cash games against top players. The conclusion that I came to, and this is just my opinion, was that they managed to get very large bets called, usually by bad players who would become afraid they were being bluffed, and these calls would more than make up for other errors that they make. Notice that this seems to be what you're describing.
However, against someone who uses a GTO approach this advantage goes away. So, while this style may still have value in tournaments, especially ones that attract a lot of players, it shouldn't work here.
Best wishes,
Mason
Hi Mason, I think a lot of Tournament players are just not that good.
Plus the format does not lend itself to the huge edges of cash.
If we assume Doug is an average 10BB/100 against the field.
Even assuming one table with 100 hands an hour
(the recent 2 hour session had 2 tables over 2 hours and 416 hands)
That's an EV of $4000 an hour for one table.
There is no tournament player in the world that has an EV of $4000 an hour.
The huge variance can form an illusion that someone is good just based on survivorship bias. You could also compile a list of lottery winners!
Look at some of the really terrible players who have won the WSOP main event.
In tournaments weak players can be bluffed more often because they fear getting knocked out. In cash games, weak players they have no problem calling bluffs because they can just rebuy. Also cash games are almost always played much deeper stacked than tournaments.
Mathematical errors are often much greater and compounded.
IMHO the best players in the world are cash players.
If a tournament player is so skilled, why don't they put the same effort into cash and have at least 100X the EV.