The reason Sunday majors are a big deal is multi faceted. First of all the tournaments are the largest on this day, Secondly the guarantees are the biggest and thirdly fields are generally the weakest.
The reason is because more leisurely or part time players can play on these days so in addition to all the regulars (who are looking to benefit from this scenario) you now have a largest amount of players ever online.
Satellites run all week long for the Sunday schedule and build up the amount of players. Players that have satellited into events are generally weaker then those who choose to play the event normally. The reasoning for this is that the player who satellites into lets say Sunday millions which is a $215 buy in would usually only buy into tournaments that cost under $50.
As the buy-in (BI) goes up the fields get tougher and so the player who has an average BI of $10 is generally going to be weaker then a player who has an avg BI of $100. It's a process of elimination, if a player keeps losing at a higher stake eventually they drop down to a lower more suitable game. Poker is more fun when you are winning.
Sunday is the most swing day, larger fields create higher variance. If you play in a tournament with 10 players and all players were of equal skill you would win 10% of the time. If you play in an event with 10 000 players and all were equal skill you would win .01%. Because tournaments are top heavy in payout structure we always want to play to win, when you take up this kind of mindset in high variance big fields players will tend to win or lose a lot on this day.
Most players play higher BI on the Sunday. Because the fields are weaker players who usually play $50 BI usually will play $100 BI plus Sunday millions. Every player wants to play Sunday millions because it is the biggest regular tournament online and it runs the most satellites and so at its particular BI is great value for almost every real player.
All the major sites (pokerstars, carbon, party poker, bwin, titan etc) have enough games on a Sunday that you will never have trouble getting a quantity of tables up at whatever stake you desire. Some players who like to play really high BI just play the biggest BI on each site, however using different software from different sites at the same time can be annoying.
Sunday is the funday where hopes and dreams are at a high but due to variance are generally crushed, it is an emotional fast passed day. It is certainly a wave which is ridden worldwide once a week by many many people. If you are going to win big in poker this is the day to get it done.
All i can say is good luck on the grind and for the Australian's don't miss your alarms
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