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DYM and MTT Tournament Play
I have been playing regularly for around 6 months now, and until recently have been playing the £5 DYM tournaments, my sharkscope graph was gradually going up, but with the 10% rake even if you win 5 and lose 4 you are not in any profit (well 50p). I found that I probably won around 65%-70% of these games over about 500 games, which was boosting my bankrole but only very gradually. I then started playing a few £3 tournaments and the £5 Velocity at 11.10pm every night and I have found, although you win less frequesntly, when you do actually cash it is usually for a decent amount (I finished 4th on Monday and 4th last night in the Velocity with around 120 runners each time) I have basically been playing with the same strategy as I used to some success on the DYM tables and is seems to have served me well.
So what I was wondering is:
What is a good win/cash ratio on the DYM tables when you are only doubling your money and what is a good win/cash ratio in the MTT's. Also, are the tactics employed really that different?
So what I was wondering is:
What is a good win/cash ratio on the DYM tables when you are only doubling your money and what is a good win/cash ratio in the MTT's. Also, are the tactics employed really that different?
Comments
If your looking for a way to make moeny then the only real consistant way is to play cash. Plenty of people get good at DYM's but like you say the return on investment is poor from them, also as the variance in MTT's is so high it's difficult to get a consistent revenue from these.
As the Great Man TIkay himself would say "It's Cash for Dough & Tournaments For Show"
When you say you cash in most deepstacks you play are you refering to ones you play on other sites?
You may go on really good runs where you cash in 5 or 6 but you can also go on really bad runs where you cash in 1 in 15 or 20.
Hi Cobbler.
DYM's = very low return, offset by very low variance.
MTT's high return when you win - very rarely = HUGE variance.
It's a simple risk/reward equation. Less risk, less reward, more risk, more reward.
You pays your money, & takes your choice.
But if you want locked up money, week in, week out, statistically, cash-games are the solution.
In football parlance, Tourneys are the FA Cup, Cash is the League.
At the moment, I started with £20 in my account, just after watching 865 and getting interested, I now have £80 and I have withdrawn about £400, including bonuses. I tend to play better/more carefully when I have £80 in my account hense the withdrawles, as before when I was getting up above £100 I was becoming a little lose and getting my balance dragged back down to £50, however, when it gets to this level and I can see I might have to put more cash in I tend to play more sensibly and can built it back up again.
At the moment, im just playing for fun, sort of treating it at the moment as half profitable hobby and half a low paid part time 2nd job I can do from home. Very enjoyable all the same.
They could probably improve on that if they played to cash but they don't they play to win.
No - 30% is NOT do-able, except as I described earlier. NOBODY can or will acheve that, nobody ever has or ever will, end of.
And, though it varies, it's morre like 10% of the field get paid in a standard, high-runner MTT. (Exclude very small fields).
I'm not trying to pour cold water on your optimism, or aspirations, but these are facts, not opinions, & it's best you know where you are, imo.
Good questions, & well done on your results to date.
not overly impressive on the DYM but mtt very good
I play DYM relegiously and vary rarly set foot in the MTT and CASH at the moment.
Main reasons for this is because on a limited bankroll as TK said earlier you remove the majority of the varience often found in MTT
I work on the following principles :
To increase my bankroll I encounter 3 things:
1, I work on the 2 - 1 ratio.
For every two games I win I can afford to loose one and still make a profit. If you are playing at the 5.50 level then this = x3 games £16.50 , x2 win £20 ... Net profit £3.50
I aim to play 21 games a day or 7 sessions of 3 tables
I record all my games and results and look at the most profitable times and work to that schedual.
If I am consistant then over 30 days I see a slight but definate increase in my bankroll which is then increased by
2, Cash for Points
If you are aiming at 21 games a day and you look to do this for 2 - 3 days a week then you should accumilate enough points for a £50 bonus through Sky pokers Cash for Points Scheme, this adds a nice "bonus" to your bankroll without risking the varience in MTT
3, League table
If you are consistant at the DYM then it should be quite easy (providing you have the time) to place within the top 10 of the Sky poker league and earn yourself an added bonus ... see the payout table for more info and also the chance to enter the 2k freeroll.
This gives you a great opportunity to increase your bankroll with minimum risk and if you are doing well over a given day then treat yourself to a satalite ...
Try to remain within your 2% bracket though and don't focus on the current balance ... Thing of the long game and never chase a loss ....
If all else fails then invest your entire roll in one DYM and push all in with 7 2 off and hope for the best .... Seems to work for alot of others
At the moment Im not really looking to increase my bankroll, i am cashing in every time I get my balance over £100 and leaving a £80 balance in my account, so far I have cashed in over £400, not bad considering I started off with just a £20 investment and have never had to re-load........yet.