Played 121, Won 21 (17%), In the money finishes : 60 (50%)
Cost of play : $2662, Winnings : $3672 = Net Gain : $1010
Average profit per game : $8.35 ($1010/121)
Average return : 38% ($8.35 / $22)
I found it really interesting to see this sort of breakdown - to be able to put an exact figure of my expected value for a game. If i join a $22 game, I would expect on average to walk away with $30. Not too shabby for a fish like me.
Within those overall figures were some VERY interesting sub-trends though.
IN THE MONEY
Pretty consistent percentages across the 3 formats
49% 6 Player
53% 10 Player
45% 10 Player Speed
i.e. My instinct was that I had far more money finishes in the 6 player rooms - but the "spread" across the 3 formats is pretty narrow.
AVERAGE PROFIT PER GAME
This is a real jaw-dropping insight (to me, at least)
$5.13 6 Player ($354 Profit / 69 games)
$17.33 10 Player ($520 Profit / 30 games)
$6.18 10 Player Speed ($136 Profit / 22 games)
My profitability in the standard 10 player rooms is around triple that of the 6 player & 10-Player-Speed formats. Aye carumba. I think I have played enough games for this to be identified as a genuine trend, rather than statistical variance, and it is not at all what I had thought was the case. Shows the value of keeping records.
- I can make the prize money about half the time in all 3 formats
- The premium for winning the 10-seaters (a $100/$60/$40 split) means that the profitability for those are higher than the 6 seaters (a $72/$48 split)
- For whatever reason, once I get to the money, I am more likely to win a 10-seater standard than a 10-seater speed.