Two Plus Two Older Archives

Two Plus Two Older Archives (http://archives2.twoplustwo.com/index.php)
-   One-table Tournaments (http://archives2.twoplustwo.com/forumdisplay.php?f=34)
-   -   $11 - 88 on button, makes me wonder about betting impetus (http://archives2.twoplustwo.com/showthread.php?t=340430)

psparkyuk 09-22-2005 11:31 AM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
[ QUOTE ]
ok, yes, it's a 4% increase


but it doesn't add 4% to your roi number (ie doesn't take you from 15-19% roi)...it adds 51 cents in a 10/1 tourney...although that becomes $4.10 in a 109 tourney, so is useful

i was reading it as adding 4% to your roi, tho, which is why i stated it doesn't...

[/ QUOTE ]

Well (with a few minor adjustments because of the vigorish and because the effect will be slightly reduced the better your ROI) that is exactly what it means.

Psparky

curtains 09-22-2005 01:38 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
No it doesnt, cmon sparky are you crazy! Stop practicing your voodoo math in which the chips you win, however small, actually have a monetary value.

I admit I don't know if the chips are worth quite as much as the math indicates, but they are obviously worth something close to it, and I'm really shocked at how many people act like I'm way off base by even suggesting this and that these people can actually attempt to use my argument to portray me as insane!

It's like I'm trying to argue that the Earth is round.

microbet 09-22-2005 02:11 PM

extra chips and EV and the OBVIOUS ANSWER
 
You are give $8.20 in $EVicm.

If your ROI is, say 10%, you win $21.5 per and now you win $29.7 per and your ROI is 13.8%.

That wasn't the obvious answer. The obvious answer is: ASK EASTBAY!

Irieguy 09-22-2005 03:12 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
[ QUOTE ]
[ QUOTE ]
i used ICM Calculator and it goes from .10 to .1041 w/1000 chip stacks and to .1051 with 800 chip stacks...so only .4 or .5%, not 4 or 5%

[/ QUOTE ]

Going from .10 to .1041 is a 4.1% increase.

As to validity, given solid math on one hand, and incredulous disbelief on the other.... I believe the math.

Psparky

[/ QUOTE ]

Would somebody be so kind as to show me the solid math that demonstrates how this chip increase will add 4-5% to your ROI?

Maybe it's just a misunderstanding in semantics. It seemed as though Curtains' statement was suggesting that starting with 45 extra chips would add 4-5% to your ROI... meaning that a 10%er would become a 14-15%er.

Perhaps he just meant that it would increase your ROI by 4-5%... meaning that a 10%er would become a 10.4%er. I wouldn't argue with that.

But if you want to suggest that there is some "solid math" in this thread that proves the former, I would really like to take a closer look.

Irieguy

pergesu 09-22-2005 03:25 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
Wow you finally reply to this thread and I can't get you to cover betting impetus at all? You're killin me man.

edit: Forget my explanation of what curtains said. I'm just confused now.

microbet 09-22-2005 03:25 PM

Re: extra chips and EV and the OBVIOUS ANSWER
 
[ QUOTE ]
You are give (sic) $8.20 in $EVicm.

If your ROI is, say 10%, you win $21.5 per and now you win $29.7 per and your ROI is 13.8%.

That wasn't the obvious answer. The obvious answer is: ASK EASTBAY!

[/ QUOTE ]

Ok, since Eastbay hasn't answered yet, I'll add some thoughts on the solution.

For the 10% ROI player who is given the extra 45 chips, their new ROI would be less than 13.8%. If you gave them all the chips, you would see that they would not get ALL the equity + whatever equity they normally would have. Also, if they ALWAYS came in first, the extra chips would be worthless. So, it would make sense that the higher their ROI is the less the extra chips would add.

In general though, if you are given something like $8.20 in equity, I don't see why it shouldn't be worth something in the ball park of $8.20. If it isn't then maybe we need to convert to block theory.

microbet 09-22-2005 03:26 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
[ QUOTE ]
As for your question, curtains is talking about the second statement. 10% becomes 10.4%

[/ QUOTE ]

I don't think so.

pergesu 09-22-2005 03:28 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
Yeah, I edited it right after I read your initial response.

Someone tell curtains to stop hijacking my thread. I'm afraid he'll yell at me.

(just kidding. This stuff is kinda cool)

Nicholasp27 09-22-2005 03:34 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
that's what i was thinking

Irieguy 09-22-2005 03:50 PM

Re: $11 - 88 on button, makes me wonder about betting impetus
 
[ QUOTE ]
Wow you finally reply to this thread and I can't get you to cover betting impetus at all? You're killin me man.



[/ QUOTE ]

Raise preflop. There are degrees of impetus, as you suggest, and you would like to have as much as possible under the circumstances of this hand.

Besides whatever value lies in the potential to pick up the blinds (a value which is quantitatively quite controversial, apparently), the hand plays better with the proverbial ball in your court.

Irieguy


All times are GMT -4. The time now is 05:47 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.