Variance and bankroll
Tournament results swing widely, even for a winning player. Set your , field and payouts to see the a winning player lives through, and the that survives them.
Lesson: Same decisions, different results (needs an invite). In the glossary: ROI, Downswing, Bankroll. How the numbers are made.
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Using 20%, 500 players, 75 paid, 10%. First place pays 92 BI, a min-cash 1 BI. Values outside the limits are clamped.
Approximate: Payout shapes are rounded approximations of common online MTT pay tables, not any real site's structure. The skill model is the usual one in variance calculators: a winning player cashes more often, spread evenly over the paid places.
Playing cash games? The poker variance calculator works from your win rate and standard deviation in bb/100.