Re: [ba-poker] Tourney poker popularity

["James Kittock" <poker(deleted the rest)>]

In my mind, it is not a question of too much
dead money; rather, it is yet another question of
expectation vs. variance.

Even the best player in the world, if pitted
against 1,000,000 complete gamb00lers (for the
sake of exaggeration), would find it hard to
win consistently, simply because the probability
of taking a bad beat would be so high.  When
he/she did win, the prize would be enormous
of course.  Hence the high variance.

Having said that, I've played several times in
a huge freeroll online (2000 - 3000 contestants),
where the vast majority of the players play like
complete idiots, and I have moneyed maybe 30%
to 50% of the times I've played.

Has anyone seen any good studies of how # of
players in a tournament affects variance?

--j

----- Original Message ----- 
From: "Rodney Chen" <rchen(deleted the rest)>
To: <ba-poker(deleted the rest)>
Sent: Wednesday, April 21, 2004 9:48 AM
Subject: [ba-poker] Tourney poker popularity


> I'm sure it's been discussed to some degree in published articles and in
> forums, but I was curious of the thoughts of folks on this list that are
> more regular tourney players.  There's no question that poker's popularity
> has helped prize pools to record levels (WPT Five Diamond has $8.4 million
> to split), and even the supersatellites (1 supersatellite had $1.08
> million to give 42 seats).  Since payout structures still pay 12-15% and
> the pools are still top heavy, is there such thing as too much dead money?
>
> Rodney
>
> Bellagio WPT Championship
> PLACE %
> 1st 32.5  2nd 16.5  3rd  8.5  4th  5.5   5th  4.0
> 6th  2.8  7th  2.0  8th  1.6  9th  1.4   10th 1.2
> 11th - 15th 1.0
> 16th - 20th 0.8
> 21st - 30th 0.6
> 31st - 40th 0.5
> 41st - 50th 0.4
>
> and:
>
> http://www.pokerpages.com/pokerinfo/wsop/2004championship-payout.htm
>