Posts Tagged ‘poker tournament players’

Multi-tabling and its Effect on Poker ROI

Thursday, May 3rd, 2012

As we’ve talked about in the past, return on investment (ROI) is a very critical concept for poker tournament players to understand. ROI shows you how much money you’re earning back based on the amount you are investing in buy-ins. If you’d like to learn more about ROI, check this out.

Moving along, some people worry about multi-tabling because they know it’s likely to have an adverse effect on their profit rate. For example, if you go from playing one table to playing 4 poker tables, your ROI could drop from 15% to 8%. Now this might sound like a significant drop, but it’s actually a good thing – as we’ll explain.

Focus on Overall Profits

While we’d all like to have a pretty ROI, the most important thing to focus on is your overall profits. Using the previous example – where your ROI drops from 15% to 8% – let’s say that multi-tabling four tables helps you go from playing two MTT’s daily, to playing eight MTT’s daily.

With the situation where you’re only playing two MTT’s, you’d be earning $3 per day (20 x 0.15). Looking at the eight MTT’s per day, you’d be making $6.40 in profit per day (80 x 0.08). Taking this further, you’re making over twice as much money each day by multi-tabling fourĀ tournaments, as opposed to playing just one.

Finding a Balance

Like we showed before, playing more than one table at a time can turn into a lot more profits. However, it’s important to understand how multi-tabling too many tables can hurt both your profits and ROI.

To illustrate this, let’s assume that you move from one $10 MTT at a time to multi-tabling six MTT’s, and your ROI drops from 15% to 1.5%. Assuming you’re still able to get two $10 MTT’s in daily while single-tabling, you’d now be playing twelve $10 MTT’s daily; unfortunately, your daily profits have fallen from $3 to $1.80 (120 x 0.015).

Obviously this is too many tables for you to handle at once, and the multiplied simultaneous decisions are hurting your overall profits. That said, you’ll need to move up slowly when it comes to multi-tabling so you don’t end up hurting your game.

PokerStars Software goes Down

Tuesday, September 6th, 2011

One of the chief reasons for PokerStars’ perch above the online poker world is that they are such a reliable company. Unfortunately, this reliability was put in some serious jeopardy after the software crashed last night.

The PokerStars software stopped working around 18:30 ET, and the nearly 50,000 players online were puzzled about what to do. At first, people may have thought that it was a mere glitch; but when the PokerStars software was still down a half hour later, people began to grow antsy.

In fact, many players were scrambling on the internet to find out what was going on. Luckily, PokerStars officials released a statement on their site to explain the problem and it read:

Administrator: All tournaments have been paused while we attempt to resolve the issue affecting gameplay. Tournaments will resume as soon as possible. When we are ready to resume, we will post a 5-minute warning before doing so.

Unfortunately, the software crash was not without consequences because many poker tournament players completely lost their position and buy-in. This being said, we’re still awaiting word on when/if those affected by the software problems will get their money back.

As for the cause of PokerStars software problem, it’s been attributed to an overload of players on the site. Currently, the 2011 WCOOP is going on and there are a ton of people in the WCOOP tournaments. So when you combine this with the 20k-30k cash game players who are usually on PokerStars, you can get a picture on why the software had problems.

If there’s any silver lining to all of this, it’s that PokerStars has been able to retain a huge player base despite dealing with the US Department of Justice earlier in the year, and US players no longer being accepted.