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All-in sats. ROI?

CraigSG1CraigSG1 Member Posts: 1,832
edited December 2013 in Poker Chat
Has anyone who plays a lot of these calculated what there ROI is? Would be interesting to know what it costs to get your seat versus buying in directly?
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  • Lambert180Lambert180 Member Posts: 12,197
    edited December 2013
    Well it all depends on if there's overlay. Assuming there's no overlay then it's just a lottery say a £3 + 30p.... it's exactly break even to win your £3 back and long term you'd just be losing the rake. 

    Overlay obviously makes them +EV. For instance I was playing a lot of them last night for the ME, some of them got like 15 runners with 4 guaranteed seats to the £33 ME with a £1.80 BI.

    So in that game I have a 1in3.75 chance of turning £1.80 into £33 so very +EV
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  • CraigSG1CraigSG1 Member Posts: 1,832
    edited December 2013
    Cheers Lambert. Ive started reading your diary and im finding it interesting. I knew it was probably +EV when theres overlay but wasn't sure when there isn't. I guess it makes sense actually, and I guess with everything in poker some people will do better than others.
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