{"id":722,"date":"2014-07-08T08:19:05","date_gmt":"2014-07-08T15:19:05","guid":{"rendered":"http:\/\/www.mutantpoker.com\/?p=722"},"modified":"2014-07-08T08:19:05","modified_gmt":"2014-07-08T15:19:05","slug":"the-world-poker-tour-is-flat","status":"publish","type":"post","link":"https:\/\/www.mutantpoker.com\/?p=722","title":{"rendered":"The World Poker Tour Is Flat"},"content":{"rendered":"

As mentioned in my previous post<\/a>, I’m forgoing the last day of the inaugural WPT500<\/a> at Aria. Each of the starting days is playing down to 5% (or less, in some cases where there have been multiple busts on the bubble. The last positions paid are getting $1,250 on a $565 buyin. That’s a 120% ROI for beating all but 1\/20th of your flight.<\/p>\n

The Wynn Classic $30K\u00a0that ran on 2 July<\/a> had 245 entries (at $300). 13th place (on the bottom edge of the top 5%) got $1,155–nearly as much cash, more profit, and an ROI of 285%.<\/p>\n

“Maybe it’s just the bigger field size?”, you might ask. It’s true that larger fields have flatter payouts, as I’ve mentioned before<\/a>, but one of the biggest fields this year was the WSOP Monster Stack event (#51), with 7,862 entries over two flights (sort of, it was confusing). Folks in the top 6th percentile there (just below position 393) were making $4,670 on their $1,500 entry fee<\/a>, a 211% ROI, nearly a full buyin (in relative terms) to the WPT500.<\/p>\n

Argue all you want about rake making it difficult to make a living playing tournaments, making it through half the cashing field and losing an entire buyin because of a top-heavy structure is going to cost you a lot more.<\/p>\n","protected":false},"excerpt":{"rendered":"

As mentioned in my previous post, I’m forgoing the last day of the inaugural WPT500 at Aria. Each of the starting days is playing down to 5% (or less, in some cases where there have been multiple busts on the … Continue reading →<\/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":[3,49,110,4],"tags":[],"class_list":["post-722","post","type-post","status-publish","format-standard","hentry","category-general-poker","category-live-games","category-no-limit-holdem","category-tournaments"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p1t0pn-bE","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/posts\/722","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=722"}],"version-history":[{"count":0,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=\/wp\/v2\/posts\/722\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mutantpoker.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}