$ 1,600 No Limit Hold'em - Mid-States Poker Tour (Event #23)

NLHE Tournament at The Venetian Resort Hotel Casino

June 5, 2024
Softness: 0.56

Entrants

696

Prize Pool

$750,000

1st Place Prize

$158,100

% of Field Paid

11.1%

Venetian DeepStack Championship Poker Series
Series Softness:57%
$ 1,600 No Limit Hold'em - Mid-States Poker Tour (Event #23)
Cashed Player Softness:56%
Extrapolated Field Softness:76%
Skill Gap:2.91%
Entrants:696
Average GPI:1323
Percent of field paid:11.1%
Player TierCashed %Full Field %ROI %EdgeProfit/Loss
Recreational
6.5%42.8%-67.1%0.43x-$1,113
Amateur
9.1%19.8%-42.5%0.75x-$705
Semi-Pro
10.4%11.2%-23.3%1.00x-$387
Professional
15.6%11.5%-0.4%1.30x-$6
Elite Pro
19.5%6.6%24.2%1.62x+$402
World Class
29.9%6.4%36.5%1.78x+$605
Superstar
9.1%1.6%48.6%1.94x+$807
Comparison:Softer than 56% of tournaments at this buy-in
Analytics by HighStakeHealth

Understanding Our Field Analysis

Our field analysis uses a proprietary methodology that combines observed cashed players with series-level data to extrapolate the complete tournament field composition.

For this tournament, we have data on 11% of the field (players who cashed). We use this data, along with series trends and buy-in level characteristics, to model the likely skill distribution of the entire field.

Field Softness ranges from 0 to 1, with higher values indicating softer fields. Tournaments with softness above 0.6 offer excellent value, those between 0.5-0.6 are average, and those below 0.5 are considered tough fields.

Skill Gap measures the ratio between top and bottom quartile players, indicating how wide the skill disparity is within the field.

Our ROI Confidence rating of 69% indicates our level of certainty in the extrapolated metrics. Higher confidence comes from larger sample sizes and more complete data.

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Tournaments in Venetian DeepStack Championship Poker Series
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Comparison of all tournaments in this series

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0.88
$ 1,600 No Limit Hold'em - Seniors (Event #37)Venetian DeepStack Championship Poker Series
0.81
$ 1,100 No Limit Hold'em - Seniors (Event #34)Venetian DeepStack Championship Poker Series
0.79
$ 1,100 No Limit Hold'em - UltimateStack (Event #52)Venetian DeepStack Championship Poker Series
0.79
$ 800 No Limit Hold'em - UltimateStack (Event #32)Venetian DeepStack Championship Poker Series
0.79
$ 600 No Limit Hold'em - EpicStack (Event #6)Venetian DeepStack Championship Poker Series
0.78
$ 600 No Limit Hold'em - EpicStack (Event #13)Venetian DeepStack Championship Poker Series
0.78
$ 1,100 No Limit Hold'em - UltimateStack (Event #48)Venetian DeepStack Championship Poker Series
0.77
$ 1,100 + 500 Pot Limit Omaha - Bounty (Event #38)Venetian DeepStack Championship Poker Series
0.75
$ 800 No Limit Hold'em - UltimateStack (Event #27)Venetian DeepStack Championship Poker Series
0.74
$ 600 + 200 No Limit Hold'em - Ultimate Bounty (Event #65)Venetian DeepStack Championship Poker Series
0.73
$ 1,100 No Limit Hold'em - UltimateStack (Event #56)Venetian DeepStack Championship Poker Series
0.73
$ 400 + 200 No Limit Hold'em - Epic Bounty (Event #69)Venetian DeepStack Championship Poker Series
0.72
$ 1,100 No Limit Hold'em - UltimateStack (Event #50)Venetian DeepStack Championship Poker Series
0.71
$ 1,100 No Limit Hold'em - UltimateStack (Event #36)Venetian DeepStack Championship Poker Series
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$ 1,600 No Limit Hold'em - Mid-States Poker Tour (Event #23)Venetian DeepStack Championship Poker Series
0.56

ROI Analysis

Expected ROI by Skill LevelView on Hendon Mob
Projected return on investment for players across all skill tiers
ROI Confidence:
Player TierROI %
Edge
Buy-inExpected Return
Superstar48.6%1.94x$1,600$2,407
World Class36.5%1.78x$1,600$2,205
Elite Pro24.2%1.62x$1,600$2,002
Professional-0.4%1.30x$1,600$1,594
Semi-Pro-23.3%1.00x$1,600$1,213
Amateur-42.5%0.75x$1,600$895
Recreational-67.1%0.43x$1,600$487

These ROI projections are calculated using our extrapolated field model and analysis of payout structures. ROI is shown both as a dollar amount and as a percentage of buy-in.

Edge Multipliers quantify how much advantage each skill tier has over the average player in this specific tournament. A multiplier of 1.0 represents break-even against the average field, while values above 1.0 indicate an advantage.

Our system takes into consideration

  1. Field softness:The overall skill level of the tournament field.
  2. Payout Variance:To determine how shallow the tournament structure is. Ie: high variance in payout = less skill advantage
  3. Distribution of bad players:The most complex part. Mimics natural tournament psychology. Common edge cases: Many bad players then the edge multiplier is lower to mimic less aggresive isolation plays. A few bad players then all stronger players have a higher edge multiplier against weaker players to mimic scarcity. No bad players then super strong players have more edge versus medium strength players to mimic advanced play.

Skill Tier Breakdown
Detailed analysis of each player tier in this tournament
Player Tier% of FieldGPI RangeEdgeExpected ROI
Superstar
1.6%2,500+
1.94x
48.6% ($807)
World Class
6.4%1,500-2,500
1.78x
36.5% ($605)
Elite Pro
6.6%1,000-1,500
1.62x
24.2% ($402)
Professional
11.5%650-1,000
1.30x
-0.4% ($-6)
Semi-Pro
11.2%400-650
1.00x
-23.3% ($-387)
Amateur
19.8%200-400
0.75x
-42.5% ($-705)
Recreational
42.8%0-200
0.43x
-67.1% ($-1,113)

Tournament Structure

Blind Levels
Blind structure and progression
No detailed blind structure available for this tournament.
Payout Structure
How the prize pool was distributed

Prize Distribution

1st Place:21.1% of prize pool
Top 3 Places:48.4% of prize pool
Percentage of Field Paid:11.1%

Structure Analysis

The payout structure was balanced with 21.1% to first place, providing good value across the final table.

The tournament paid the standard 11.1% of the field, creating a balanced risk/reward structure.

The payout variance of 1.00 indicates that this tournament has high variance, with results influenced significantly by luck alongside skill.

Tournament Results

Final PlacementsView on Hendon Mob
Final results for $ 1,600 No Limit Hold'em - Mid-States Poker Tour (Event #23)
PlacePlayerCountryPrizeGPI Points
1stChris Meyers-158,100283.95
2ndSafwane Bahri-117,054239.77
3rdTony Miles-87,600214.67
4thSandy Tabin-66,270197.34
5thDavid Coleman-50,685184.26
6thThanh Nguyen-39,197173.85
7thSimon Britton-30,654165.26
8thElvyn Santos-24,245158.01
9thMario Luiz Mentrop-19,398151.76
10thKenny Huynh-15,700146.31
11thWilliam Givens-12,857141.48
12thJack Hardcastle-12,857137.18
13thMichael Fagg-10,654133.31
14thJames Mendoza-10,654129.79
15thMichael Arellano-10,654126.59
16thJose Brito-10,654123.66
17thUmut Ozturk-10,654120.96
18thDavid Uvaydov-8,935118.47

Advanced Metrics

Complete Tournament Analysis
Comprehensive breakdown of all tournament performance factors

Field Composition

Average GPI:1323
Observed Field Softness:0.40
Extrapolated Field Softness:0.76
Recreational Index:42.8%
Observed Skill Gap:2.9
Estimated Skill Gap:4.1
Buy-In Value Rating:0.25
Field Completeness:11%
ROI Confidence:69%

Tournament Structure

First Place %:21.1%
Top 3 Places %:48.4%
% of Field Paid:11.1%
Placement Variance:0.04
Payout Variance:1.00
Re-entry Type:Unlimited
Tournament Days:1
Players Per Table:9
Buy-in Amount:$1,421

Event Details

Format:NLHE
Registration Fee:$179
Starting Chips:10,000
Late Registration:Yes
Late Reg Until:Level 8
Total Entrants:696
Prize Pool:$750,000
Withholding:$127,075

Metrics Explanation

Extrapolated Field Softness
Calculated using our proprietary model combining observed cashed players with series-level data to estimate the entire field composition.
Buy-In Value Rating
Field softness adjusted for buy-in level. Higher values represent better value for your investment.
Payout Variance
Measures correlation between player skill and final placement. Lower values indicate skill is more reliably rewarded.
ROI Confidence
Our confidence level in ROI projections, based on sample size, field completeness, and data quality.
Field Completeness
Percentage of the tournament field for which we have direct data, affecting model accuracy.
Tier Edge Multipliers
How much advantage each player tier has in this specific tournament structure and field composition.

Related Resources

Series Information

View complete information about the Venetian DeepStack Championship Poker Series tournament series, including other events, analytics, and more.

Venue Details

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