View Single Post
  #6  
Old 08-04-2005, 10:11 AM
Pokerlogist Pokerlogist is offline
Junior Member
 
Join Date: Jul 2005
Location: USA
Posts: 10
Default Re: minimum buy in- post->push->leave

Interesting. Heres's a quick and dirty analysis.

A premium hand, AA-JJ,AKs,AK is dealt about 3 times per 100 hands. So you would expect somebody to have one at about one of every three 10-player tables. So lets assume you get called about 1/3 of the time. The collective win rate of the premium hands against random hands is 75%. So in theory 2/3 of time you would win the blinds plus the bets of some limper(s) or small raisers. 1/4 of the time you lose your stack of $40, and .08 of the time you beat the premium hand, winning you stack plus the blinds plus any stray limpers, lets say that is $40+$3+$2=$45. Let EV=.67(x)+.25(-40 loss)+.08(+45)=0,where x=min. amount you need to win when all fold. Here x=$6.4. So you would need to have on average of 2 limpers ($4) in additon to the blinds ($3) when you win uncontested pots to make it a profitable strategy. That doesn’t sound too unreasonable. Things can get seriously sticky if people start calling with lesser hands. They would this do if the pot were raised enough or if they were simply looser players. Then your plan could easily become –EV [img]/images/graemlins/blush.gif[/img]. On the other hand, you might be able to improve the plan a bit by waiting for a better hand or a good limp situation before the push. Of course, then it becomes a step closer to real poker, and you have to think a little [img]/images/graemlins/tongue.gif[/img]. You might like to read the discussion of Miller’s short stack system posted somewhere here.

If you give it a try, let us know what happens.
Reply With Quote