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#81
07-24-2007, 07:28 PM
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Re: Risk of Ruin over 7 events
[ QUOTE ]
His real name is Jerry Yang. He's got the last laugh on you fools. [/ QUOTE ] Kind of hard when he didn't play in the Main Event. OP intro message. [ QUOTE ] A friend will be staking me for several smaller WSOP events, specifically three $1,500 events, two $2,000 events and two $1,000 rebuy events. [/ QUOTE ] Last time I checked the ME was 10K. Thanks for playing. [img]/images/graemlins/smile.gif[/img] ETA: I can't type or edit correctly 
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#82
07-24-2007, 07:54 PM
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Re: Risk of Ruin over 7 events
[ QUOTE ]
Update please... [/ QUOTE ]I'm thinkin the OP went busto and didn't cash in a single event. Given his inflated ego, I'm almost 100% certain we would have heard from him by now if he had even cashed in one event with a big "I told ya so!" Having heard nothing, it's safe to assume he was humbled by the field and didn't cash a single time. I bet his backer is thrilled with his mad poker skillz!
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#83
07-24-2007, 10:10 PM
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Re: Risk of Ruin over 7 events
[ QUOTE ]
I may not be qualified to post here, as I haven't played in a 1K event live, but I have played in many $100s online. Around 30% or more of the people who play in the $1000 live events are traveling pros. Not super huge, but guys who travel and pay for their buy ins and travel costs solely from playing poker.... These events would seem to me a bit tougher than the $100 events online. [/ QUOTE ] So > 70% of the players in online tourneys are recreational/bad players with no understanding of tournament strategy? ( I Say this because this is what your typical live donk is like) Also, how do these people get money online?
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#84
07-24-2007, 10:11 PM
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Re: Risk of Ruin over 7 events
[ QUOTE ]
Hello! A friend will be staking me for several smaller WSOP events, specifically three $1,500 events, two $2,000 events and two $1,000 rebuy events. I'm trying to help him determine his Risk of Ruin (how likely he is to make exactly $0) over this very small sample. We both understand that the accuracy of this figure will be quite low considering the absurd sample size, but we want to figure it out anyway. Online my average buyin is ~$70, i regularly place very high in the $75FTP and the $22rebuy on PStars. My online ROI is roughly 80% over 2000+ tournaments, my live ROI is ~350% over 50 games including 4 final tables with significant ($5k+) cashes. I don't know my ROI in these very large, slow events. I expect i'll be one of the best players in each of the events i play in, perhaps with the exception of the $1k rebuys. Sooooo, how do i calculate my RoR over this small sample? My friend understands that my average result and the expected actual result will be quite different. I'd presume i'll make it to the $$$ in 2-3 events with a decent shot of getting 1 Final Table over the course of 7 events. Any ideas? [/ QUOTE ] amusing levelling
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#87
07-24-2007, 10:26 PM
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Re: Risk of Ruin over 7 events
[ QUOTE ]
I just want to know what the best players are accomplishing because i have no reason to presume i won't perform comparably until proven wrong. [/ QUOTE ] What a great thread! How did I miss it first time around?
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#88
07-24-2007, 11:47 PM
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Re: Risk of Ruin over 7 events
pointing out that the profit margin associated with travel costs is a built in expense that makes it easier to be an online "pro" than a live pro. Unless the travel costs from the fridge to the bathroom, then back to the recliner....
LOL... just breakin' your balls
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#89
07-24-2007, 11:50 PM
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Re: Risk of Ruin over 7 events
I dont want a flame war over this, and I am sure it has been debated ad nausaeum, so lets just say that I have more experience with live players and the intricacies of that game, and leave it at that
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#90
07-25-2007, 12:13 AM
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Re: Risk of Ruin over 7 events
[ QUOTE ]
pointing out that the profit margin associated with travel costs is a built in expense that makes it easier to be an online "pro" than a live pro. Unless the travel costs from the fridge to the bathroom, then back to the recliner.... LOL... just breakin' your balls [/ QUOTE ] Actually i was pointing out quite the opposite, which can only be explained by live poker being 1202134823489x softer.
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