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#4
05-15-2007, 03:24 PM
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Re: Newb ROI Question for WSOP
[ QUOTE ]
[ QUOTE ] Most likely -100% [/ QUOTE ] Seriously, thread should have ended here. Anyone who disagrees with me, let's prop bet. [/ QUOTE ] Usually people who ask the question are idiots, so I understand the disdain for the topic, but it is somewhat interesting in an intellectual way. If I got to pick the "best" 100 people from the ranks of poker pros and online stars, what would you seriously expect their ROI to be collectively? I picked 20 last year for a friendly wager and their ROI was pretty awesome, thanks to Cunningham. 
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#5
05-15-2007, 05:40 PM
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Re: Newb ROI Question for WSOP
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Most likely -100% [/ QUOTE ] Seriously, thread should have ended here. Anyone who disagrees with me, let's prop bet. [/ QUOTE ] Usually people who ask the question are idiots, so I understand the disdain for the topic, but it is somewhat interesting in an intellectual way. If I got to pick the "best" 100 people from the ranks of poker pros and online stars, what would you seriously expect their ROI to be collectively? I picked 20 last year for a friendly wager and their ROI was pretty awesome, thanks to Cunningham. [/ QUOTE ] You can work out an average ROI for one player in many tourneys, or many players in one tourney, but not for one player in one tourney. (Didn't Lincoln say that once??) Thayer is essentially right since 90% of the field will have a -100% ROI no matter how good they are. By definition, an average player will average a 0% ROI (minus rake). A very good tourney player will average 50-100% ROI, and world class will be 100%+
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#6
05-15-2007, 09:07 AM
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Re: Newb ROI Question for WSOP
Check the Harrah's website for details, but they announced recently that the prize money for the lower payouts is going up to something like %150 ROI and the top prizes are going down.
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#7
05-15-2007, 09:08 AM
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Re: Newb ROI Question for WSOP
[ QUOTE ]
Check the Harrah's website for details, but they announced recently that the prize money for the lower payouts is going up to something like %150 ROI and the top prizes are going down. [/ QUOTE ] what?
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#8
05-15-2007, 11:35 AM
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Re: Newb ROI Question for WSOP
[ QUOTE ]
[ QUOTE ] Check the Harrah's website for details, but they announced recently that the prize money for the lower payouts is going up to something like %150 ROI and the top prizes are going down. [/ QUOTE ] what? [/ QUOTE ] I believe he is referring to the fact that Harrah's has flattened the payout structure somewhat this year. If they had used the new payout structure last year, the minimum payout for the ME would have been 22k instead of 15k. 80th place paid 66k last year, but under this year's formula would have paid 122k. Why he described it as ROI is a mystery to me.
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#9
05-15-2007, 11:36 AM
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Re: Newb ROI Question for WSOP
I just didn't realize Harrah's announces potential ROIs on their website. Can someone look up mine in the ME please?
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#10
05-15-2007, 12:26 PM
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Re: Newb ROI Question for WSOP
If I did it correctly, you would have received $65,797.50 under this year's rules. You busted just shy of the 25th table, so you would have received .075% of the prize pool, which was $87,730,000 last year.
You can play around with the numbers yourself -- they are posted here In general, I think that the flatter payout schedule is a good thing. It will reduce variance somewhat and it will probably cause people to tighten up even more on the bubble. Of course this will be offset by the elimination of all the online qualifiers who really, really want to make the the money. [ QUOTE ] I just didn't realize Harrah's announces potential ROIs on their website. Can someone look up mine in the ME please? [/ QUOTE ]
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