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Old 09-25-2004, 01:45 PM
Daliman Daliman is offline
Senior Member
 
Join Date: Sep 2002
Posts: 382
Default Re: The worst bubble play ever....

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Well, if you think winning that pot will better your chances for a first place finish..why is winning SOME money that important? Go for greatest EV is what I've been told.

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EV of folding and holding your chips while letting the short stack blind out is MINIMUM 3rd place money. Any other strategy is just plain stupid, ESPECIALLY in a limit tourney, (which, by the action, i'm guessing this is.) Limp in to see the flop takes 22% more of your chipstack, allin preflop is an autocall situation for the BB if this IS no limit. I would and have folded QQ preflop in this situation.

Also, you have to take into account that even IF you win that pot AND DOUBLE THROUGH, a major consideration here, and not often likely with a hand like JT, in this situation, your EV does not improve significantly, as the BB will still have ~1100 left, but the big stack is at 4700. So, essentially, using my deadly hack math, you are (if you won that pot) about 22% chance to come in first, 58% chance to come in 2nd, and 20% chance to come in third.

So...
.22x5(1st place portion) 1.10
.58x3 1.54
.20x2 .40

1.1+1.54+.40= 3.04 EV WINNING that hand
Ok, now ev for FOLDING
9% win
21% 2nd
70% 3rd
.09x5= .45
.21x3= .63
.70x2= 1.40
.45+.63+1.4=2.48

So, winning that pot is worth barely over half a buyin IF YOU WIN.

Folding is worth OVER 2 buyins


EASY fold. If you think otherwise, your just plain wrong, and need to learn to incorporate this type of thinking if you ever plan on having long term success.

Kudos to Sherriff Fatman for publicly flaying himself to the err of his ways, lest he ever forget them, and for realizing he made a gigantic error, not saying "look how unlucky I got".
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