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I can only speak from personal experience...no real hard numbers to back it up, but generally/philosophicaly it seems reasonable. I have had much more success in smaller MTTs (100-300person) than in larger MTTs (900+ person)
Large MTTs are more difficult, but there is no hard % by how much. There are intangibles that need to be considered such as $ value of the buy-in, Freezout or R&A, time of day, day of the week and duration of the tourney (how long it takes). The more weak players that enter a tourney, the greater chance of you being sucked out on in a critical situation or being dealt a bad beat. Being a solid player you certainl try to limit the coinflip situations you get into, and definately want the best of it when all the chips go in. A thin call is a thin call....and is nearly impossible to avoid all the gamblers in a large MTT....you kinda need them to build a good prize pool and to double you up when needed.
I imagine the lower the buy-in the more beginning players (smaller bankrolls) enter the tourney. We all know there are fish at all levels, but there are far fewer in a $20-$30 R&A or $100 freezeout than in a $5 R&A or $10 freezeout. it just stands to reason that an inexperienced player with a $100 bankroll will be attracted to a $5-$10 large tourney...the potential return on investment is huge "why not buy that lottery ticket for $5....I might get lucky"
I feel that time of day plays a significant part in things as well as day of the week. I have historically done poorly on Fridays...perhaps it is the gambling weekend warriors, perhaps it is nothing but paranioa. I just quit playing on Friday....less frustration, fewer bad beats - I am happier because of it. It also seems that play is significantly looser from 5-8pm during the week...just an impression, but it could be the initial rush of East Coast people getting off work and playing. And very importantly - the smaller MTTs generally take less time overall to play. Try as I might somewhere duing the 3rd-4th hour my attention starts to slip...when I make it past that point and get close or into the money I wake up real quick...but maintaining focus is a factor. The 220 person tourney I won at PR only took about 3 hours. The recent 4th place in the Stars R&A took roughly 6.5 hours, far more difficult to stay focused for that long.
In the end, no matter what size of tourney - it boils down to:
Solid Play + Experience + Luck = WIN The more experience I gain playing in the larger tourneys, the more consistanly I have gotten ITM or close to the money....when you catch a couple critical breaks is when you make the final table. Yes....you can make your own luck, and increase your chances of advancing past most of the field, but in the end if luck does not shine on you - you will not win.
Anyway...there you go, some of my ramblings added....correct or not that is generally how I feel - BTW this is a very interesting topic!
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