Tournament profitability: ROI vs BB/100

Lord_TruffingtonLord_Truffington Red Chipper Posts: 15 ✭✭
Good morning forum,
yesterday I was doing some analytics work on HM3 to understand the profitability of my tournament game. I am new to poker and I am still wrapping my head around the different concepts but I have a specific questions about ROI vs bb/100.

I group my online tournaments (~850 played so far, or 55k hands) by categories (e.g. $5.50 350-max tourneys, or $7 SitNGos, etc.) and for most categories I have a negative ROI (ranging between -10% and -20%, very unfortunately) but positive bb/100 (ranging between 10 and 25). How should I interpret the difference?

Usually these categories have 100-150 tourney in each (so small size) and I do understand that especially for tourneys you need very large sample, but still I would expect the two metrics to be a bit more aligned.

Many thanks for your help!
Lord Truffington

Comments

  • TheGameKatTheGameKat Posts: 3,833 -
    I'm assuming the positive bb/100 occur in the earlier stages where you haven't busted yet? For tournaments it's a meaningless metric beyond possibly locating blind levels that you play poorly.

    The metrics that you might want to focus on are ROI%, ITM% and possibly $/hr, the last of which probably isn't available in HM3.
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  • Lord_TruffingtonLord_Truffington Red Chipper Posts: 15 ✭✭
    Understood. ITM is decent, across the various tournament categories is 15-20% but unfortunately i rarely run deep and end up busting with min cash or not much more, hence the negative ROI.
    Thanks for the reply.
  • TheGameKatTheGameKat Posts: 3,833 -
    Understood. ITM is decent, across the various tournament categories is 15-20% but unfortunately i rarely run deep and end up busting with min cash or not much more, hence the negative ROI.
    Thanks for the reply.

    That's a common problem, although one which I would suggest, at least long term, has less to do with fortune and more to do with how you approach the late stages.

    Remind me, plz, are you a CORE subscriber? Our newish MTT course by Fox is excellent, and something you can benefit from even as a relative newcomer to the game.
    Moderation In Moderation
  • TheGameKatTheGameKat Posts: 3,833 -
    Incidentally, the reason the bb/100 thing is a silly stat for tournaments can be exhibited through example.

    Say it's one of these deals where you start with 3000 chips and blinds at 10/20. At this level you win a 300 chip pot. +15bb. Nice.

    You get short late at 1000/2000/2000 and ship your remaining 10,000 into the BB who calls and you lose. That loss is -5bb.
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  • Lord_TruffingtonLord_Truffington Red Chipper Posts: 15 ✭✭
    Yep, I can totally see that, and I agree it has to do with my lack of skills in later stages! 100%!

    Indeed, I'm a CORE member and i'm doing the MTT course (I love it), it's helping a lot! I actually won in a satellite a seat in the WCOOP Main Event of Sunday so fingers crossed for the big one! :)

    On a separate note, I posted a hand review but in the wrong group (in Local Home Group), is it possible to change it? I seem to be able to only edit the text, not the category.

    Many thanks!
  • TheGameKatTheGameKat Posts: 3,833 -
    Moved.

    Okay good, that CORE course is first rate.
    Moderation In Moderation

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