Hopefully I've got the right forum.
Where I live in Auckland, Skycity Casino has a monopoly, so they can set high rake and high tournament fees. I'm looking at the $60 (45+15) event which attracts around 50 players as well as the $200 (170+30).
With structures like that, would these events be too difficult to beat?
I entered the $60 event the other night, felt confident that I was in the top 5% of players in terms of ability, and cashed out in third. But I'm skeptical about what my ROI would be in the long run. I'm used to playing cheaper tournaments in bars that don't charge entry fees, and of course micro-stake MTT's on pokerstars.