{"id":692,"date":"2014-03-06T16:07:27","date_gmt":"2014-03-07T00:07:27","guid":{"rendered":"http:\/\/www.mutantpoker.com\/?p=692"},"modified":"2014-03-07T10:57:34","modified_gmt":"2014-03-07T18:57:34","slug":"return-on-investment","status":"publish","type":"post","link":"https:\/\/www.mutantpoker.com\/?p=692","title":{"rendered":"Return on Investment"},"content":{"rendered":"<p>So, a few weeks back, I contacted Martin Harris (<em>aka <\/em><a href=\"http:\/\/hardboiledpoker.blogspot.com\" target=\"_blank\">\u201cShort-Stacked Shamus\u201d<\/a>), the editor at PokerNews\u2019 <a href=\"http:\/\/learn.pokernews.com\" target=\"_blank\">LearnPoker<\/a> site about doing a revamp of <a title=\"In the Money\" href=\"http:\/\/www.mutantpoker.com\/?p=682\" target=\"_blank\">my recent post<\/a> following up a <a href=\"http:\/\/www.cardplayer.com\/cardplayer-poker-magazines\/66262-2013-year-in-review-27-1\/articles\/21678-if-you-re-spendin-more-than-you-re-makin-then-you-re-fixin-to-go-broke\" target=\"_blank\"><em>Card Player<\/em> article by Bryan Devonshire<\/a>\u00a0(behind a paywall). Martin was about to head off to EPT Deauville at the time and didn&#8217;t have anything in the budget for me, but I&#8217;d already written a long piece for nothing, to be read by virtually no-one, so re-writing it to get a wider audience was not a problem for me. By the time he got back to the States, I&#8217;d finished <a href=\"http:\/\/learn.pokernews.com\/news\/2014\/02\/the-tough-road-for-a-poker-tournament-pro-3278.htm\" target=\"_blank\">the piece that ended up on PokerNews<\/a> a couple of weeks back.<\/p>\n<p>The day after it went up, I got an inquiry from Kyle Wagner at Deadspin about re-publishing the longer original piece, which ended up with the title <a href=\"http:\/\/regressing.deadspin.com\/why-its-hard-for-poker-pros-to-make-a-living-playing-l-1526098295\" target=\"_blank\">\u201cWhy You\u2019ll Never Make a Living Playing Live Poker Tournaments.\u201d<\/a>\u00a0I would have thrown a &#8220;Probably&#8221; in there, but I&#8217;m just a writer, not an editor (in this case).<\/p>\n<p>That spawned a <a href=\"http:\/\/www.reddit.com\/r\/poker\/comments\/1yu7h9\/playing_live_tournaments_professionally_and\/\" target=\"_blank\">Reddit<\/a> and a <a href=\"http:\/\/forumserver.twoplustwo.com\/29\/news-views-gossip\/deadspin-article-why-youll-never-make-living-playing-live-poker-tournaments-1418454\/\" target=\"_blank\">2+2 NVG thread<\/a>, in addition to the comments at LearnPoker and Deadspin, which I&#8217;ve tried to address to the extent I can. Then Tuesday, the Deadspin article was mentioned by the hosts of the 2+2 Pokercast, <a href=\"http:\/\/pokercast.twoplustwo.com\/pokercast.php?pokercast=307\" target=\"_blank\">at the 29:00 point in the same episode where they\u2019re interviewing Daniel Negreanu<\/a>, so I expect that will get some more attention.<\/p>\n<p>Thanks to Martin and Kyle for picking up the pieces, and for everyone who responded (either way) in various forums. Thanks to a load of new followers and readers. If I&#8217;ve missed any points, please drop me a line <a href=\"https:\/\/twitter.com\/pokermutant\" target=\"_blank\">on Twitter @pokermutant<\/a>.<\/p>\n<p>Just as a follow-up, I&#8217;d like to point folks to some statistical analysis from 2011 by Noah Stephens-Davidowitz, who used a \u201c1,000 Shaun Deebs\u201d model to determine a range of results from online play. <a href=\"http:\/\/www.nsdpoker.com\/2011\/01\/mtt-pros\/\" target=\"_blank\">Part I<\/a>, <a href=\"http:\/\/www.nsdpoker.com\/2011\/02\/mtt_pros_2\/\" target=\"_blank\">Part II<\/a>, and several subsequent posts where he predicts results for HU, STT, and 6-Max online tournament players.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So, a few weeks back, I contacted Martin Harris (aka \u201cShort-Stacked Shamus\u201d), the editor at PokerNews\u2019 LearnPoker site about doing a revamp of my recent post following up a Card Player article by Bryan Devonshire\u00a0(behind a paywall). Martin was about &hellip; <a href=\"https:\/\/www.mutantpoker.com\/?p=692\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,49,4],"tags":[],"class_list":["post-692","post","type-post","status-publish","format-standard","hentry","category-general-poker","category-live-games","category-tournaments"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1t0pn-ba","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/posts\/692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=692"}],"version-history":[{"count":0,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/posts\/692\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}