10 outcomes

Last night, I played 3 sit and gos. There are 10 possible outcomes when you do this. Here they are, in descending order, when the buy in is $45,000, the entry fee is $5,000, the first place prize is $175,500, and the second place prize is $94,500:

 $376,500 3 0
 $295,500 2 1
 $214,500 1 2
 $201,000 2 0
 $133,500 0 3
 $120,000 1 1
 $ 39,000 0 2
 $ 25,500 1 0
 $-55,500 0 1
$-150,000 0 0

The number in the second column is the number of first place finishes, and the number in the third column is the number of second place finishes. As it turned out, I made a profit, but it was the minimum profit you can make in this scenario. I decided to quit while I was ahead :-)

buy_in entry players hands place winnings

 45000  5000       6    58     3        0
 45000  5000       6    45     4        0
 45000  5000       6    58     1   175500

delta: $25,500
Sit and go no limit hold'em balance: $1,546,800
balance: $9,233,379