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[QUOTE="BlunderCity, post: 1052132, member: 37486"]
I personally don't bother about hourly pay, it means nothing to me.

If you play cash games this might make some sense, but in the case of tournaments, the hourly wage is a completely useless piece of statistics because income derived from playing MTTs is not regular enough.

What matters in tournament play is the long run and perhaps the medium run. I may be losing money on MTTs for weeks on end and then get a good result.

For that reason my unit of choice for recording and analysing MTT results is the month. I have the habit of separating my results in months and aim at a 4 digit profit every period.

So recording a $215 profit won at a $5.50 satellite and then recording a $215 debit if and when you actually play the tournament is question is perfectly fine. My hourly rate won't be affected because I don't have one for tournaments. And $215 won't be too large a swing within the month.

I don't know if this is sound but I do not consider time spent playing tournaments, only profits and losses regardless of the time it took to achieve them.

Of course for cash games it's different and that's why I have segregated the 2 disciplines as if they were different activities.
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