My career has just become more promising due to Coral's new Twister Club promo
In short, it offers cashback on Twister losses, e.g. 20% on €5-10 Twister if I win at least 50 games in a week.
I've launched SwongSim to see how much I'll get on average if my expectation is exactly breakeven pre-rakeback, i.e. if the ITM is 35.8%, assuming that I grind hard, 1K tourneys a week:
Spoiler
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Effective Specified Simulation
Place Finish Distribution Finish Distribution
1 0,00179% 0,001713%
2 0,00165% 0,001591%
3 0,00156% 0,001532%
4 0,00179% 0,001824%
5 0,00165% 0,001639%
6 0,00156% 0,001544%
7 0,00358% 0,0036%
8 0,0033% 0,003225%
9 0,00312% 0,003163%
10 0,00895% 0,008945%
11 0,0358% 0,035828%
12 0,2864% 0,285705%
13 2,864% 2,866694%
14 5,41475% 5,417178%
15 27,18294% 27,174248%
ITM 35,81284% 35,808429%
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100000 simulations of 1000 games
Expected ROI (with rakeback/bonus/award): -0,04% ($-4)
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99% had ROI below 76,88% ($7688)
97.5% had ROI below 17,07% ($1707)
95% had ROI below 10,90% ($1090)
90% had ROI below 6,89% ($689)
80% had ROI below 3,46% ($346)
70% had ROI below 1,28% ($128)
60% had ROI below -0,33% ($-33)
50% had ROI below -1,90% ($-190)
40% had ROI below -3,31% ($-331)
30% had ROI below -4,73% ($-473)
20% had ROI below -6,34% ($-634)
10% had ROI below -8,71% ($-871)
5% had ROI below -10,35% ($-1035)
2.5% had ROI below -11,94% ($-1194)
1% had ROI below -13,74% ($-1374)
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99% had a downswing greater than $268
97.5% had a downswing greater than $306
95% had a downswing greater than $340
90% had a downswing greater than $391
80% had a downswing greater than $466
70% had a downswing greater than $534
60% had a downswing greater than $601
50% had a downswing greater than $672
40% had a downswing greater than $748
30% had a downswing greater than $839
20% had a downswing greater than $954
10% had a downswing greater than $1122
5% had a downswing greater than $1266
2.5% had a downswing greater than $1395
1% had a downswing greater than $1545
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99% had a low point lower than $-9
97.5% had a low point lower than $-20
95% had a low point lower than $-49
90% had a low point lower than $-98
80% had a low point lower than $-193
70% had a low point lower than $-283
60% had a low point lower than $-372
50% had a low point lower than $-465
40% had a low point lower than $-563
30% had a low point lower than $-673
20% had a low point lower than $-806
10% had a low point lower than $-1002
5% had a low point lower than $-1161
2.5% had a low point lower than $-1300
1% had a low point lower than $-1466
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99% had a breakeven stretch longer than 196 games
97.5% had a breakeven stretch longer than 241 games
95% had a breakeven stretch longer than 288 games
90% had a breakeven stretch longer than 354 games
80% had a breakeven stretch longer than 455 games
70% had a breakeven stretch longer than 544 games
60% had a breakeven stretch longer than 641 games
50% had a breakeven stretch longer than 739 games
40% had a breakeven stretch longer than 829 games
30% had a breakeven stretch longer than 904 games
20% had a breakeven stretch longer than 959 games
10% had a breakeven stretch longer than 991 games
5% had a breakeven stretch longer than 998 games
2.5% had a breakeven stretch longer than 1000 games
1% had a breakeven stretch longer than 1000 games
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Applying the trapezoidal rule to the blue lines, we arrive at the figure of 20% * (0.05*€33 + 0.1*(€190+€331+€473+€634) + 0.075*€871 + 0.0375*€1035 + 0.0175*€1194 + 0.015*€1374) ~ €62 average cashback per week, which would itself provide a good living in a developing country
Plus I'll be able to keep the usual rakeback too.
Of course, the higher the expected ITM, the lower the expected cashback, but winners can't really complain because they still get more in total than breakeven players.
Ironically, I had just decided to quit, for non-poker reasons, a previously beloved forum where I had been spending a lot of time. But as it turns out, every cloud has a silver lining because now I have more energy left for poker degeneracy


