MTT tournament equity calculation or formula ?

[Pounder]

I am looking for a method / formula for estimating the equity of a player in a MTT tournament.

I realise that this could be pretty complex theoretically, but I am looking for a simple to implement calculation or formula.

The purpose is to estimate the (fair) compensation that should be claimed from an on-line poker room which is at fault for disconnecting a player in the middle of a MTT.

[I can then use this to show to the poker room how much it would cost them to treat its players fairly and therefore persuade them to invest money in improving its software to reduce the (currently unacceptably high) disconnnection rate.]

At this stage, pointers to previous threads (if any) or other on-line material that will help my research would be appreciated.

ukchap

[schwah]

(player's chips/total chips)*(total prize pool-any prizes already paid)

i think that does it

[zaxx19]

Yup...chips/total in play ..X total prize pool seems fine to me.

[M.B.E.]

[ QUOTE ]
(player's chips/total chips)*(total prize pool-any prizes already paid)

i think that does it

[/ QUOTE ]
No, depending on the circumstances that could be a poor estimate of tournament equity.

[M.B.E.]

Here's a formula covering the case of three players left:

http://archiveserver.twoplustwo.com/showthreaded.php?Cat=&Number=324276&page=&view=&sb =5&o=&vc=1

[M.B.E.]

[ QUOTE ]
Here's a formula covering the case of three players left:

http://archiveserver.twoplustwo.com/showthreaded.php?Cat=&Number=324276&page=&view=&sb =5&o=&vc=1

[/ QUOTE ]

Some other threads on tournament equity:

http://archiveserver.twoplustwo.com/showflat.php?Number=639123

http://forumserver.twoplustwo.com/showflat.php?Number=1169224

http://forumserver.twoplustwo.com/showflat.php?Number=1275880

[M.B.E.]

Bumping this thread to add two links:

http://forumserver.twoplustwo.com/showflat.php?Number=1921119

http://www.bol.ucla.edu/~sharnett/ICM/info.html