


As you will see as we go through the tables, even 1,000 tournaments will not give you a very accurate ROI, especially if you play MTTs with large fields. Until you've played thousands of tournaments, you won't have a very good estimate of what your expected ROI is. The better you are at tournaments, the higher your ROI will be.

The first thing you need to know is your expected ROI (return on investment), which is shown in the top row of each of the tables below. If you play 10 MTTs/day, 6 days a week, it will take you roughly 4 months to complete 1,000 tournaments! To demonstrate how much your results can deviate from the expected as the number of entries increases, we have calculated the standard deviation of winnings over 1,000 multiplayer poker tournaments for various field sizes, which we have summarized in the tables below. 5 Essential Tips to Protect your Poker Bankroll: learn how to reduce the impact of variance.MTT Poker Bankroll Management: understand how variance applies to poker tournaments.Never Go Broke Playing Poker: learn about poker variance.If you're not familiar with terms like variance, then you should probably read the previous 3 articles first! The previous articles discuss the concepts, while this article focuses on the actual bankroll calculations. If you haven't read the previous articles in this series, then you should probably do so before continuing with this article. This is our 4th article on bankroll management.
