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[QUOTE="Syfted, post: 1232300, member: 41763"]
When talking about payout structures in large field MTTs, I seem to be encountering some confusing.  There are two elements to a payout structure:
-The percentage of the field which makes the money
-The exponential increases once the money is reached

Oftentimes someone will discuss a "top heavy" payout strucutre, but are never really clear what they are talking about.  Do they mean a tournament where only 2% of the field gets paid?  Do they mean a SNG that pays 80/10/5/3/2?  It's never really quite clear.

The difference is important because the strategies differ.  Let's take an FTP tournament; say the 1000FTP Satty to the $750k.  Let's say 43 people enter and the prize pool is one entry, or 43000FTPs (no overlay, no rake).  Am I correct in believing that cEV = $EV here?  The reverse, I assume, would be true in a satellite that paid a larger field percentage- your [URL="http://www.google.com/base/a/1448569/D15072394309326338084"]"Bubble Factor"[/URL] is a LOT higher, which is why these tournaments are very often misplayed [URL="http://forumserver.twoplustwo.com/15/poker-theory/pokerstars-ept-step-structure-high-rakes-now-correct-122013/"](but are still profitable despite the fact that you will be paying more per hour in rake.)[/URL]

Assuming an adequate bankroll for it (or an infinite bankroll... but why would we be playing poker then?), does a player with a large edge on the field prefer a structure that only pays one player?  What if there is no rake?
[/QUOTE]

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