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-   -   Decision based on your ROI (http://archives2.twoplustwo.com/showthread.php?t=407620)

Bigwig 12-30-2005 07:16 AM

Re: Decision based on your ROI
 
[ QUOTE ]
What GrekeHaus said is basically correct. People who pass up +.3% edges late in a tournament are very bad poker players in my book.

[/ QUOTE ]

I agree. But how does this translate to early in the tournament? When I first started playing, and winning well at the $20/$30 level, I would pass large edges early. Up to what I estimated was a 10% preflop equity. I'm certain that's far too high now. If you knew, Curtains, what the EV was vs. the range of your opponents hands, what do you pass up on say, Level 1? Level 3?

slimbob 12-30-2005 07:59 AM

Re: Decision based on your ROI
 
Do you call here with TT if you see (assumption) he has AKs? Assumption: Thats the first hand of the STT and you dont know the other player.

Regards
slimbob

12-30-2005 10:24 AM

Re: Decision based on your ROI
 
I think what you're getting at is that there is no consideration of relative skills in ICM. For instance, if there are 10 players who each start with 1000 chips, ICM will tell you that everyone has a 10% equity, but you know that your equity is really something along the lines of 11.5%. Since what you are doing when you consider an action is comparing your pre-action equity to your post-action equity, and you'll be using your inflated equity both pre- and post-action, it probably won't make much difference.

Why don't you run through all the numbers on your hypothethical AK v TT situation under two assumptions: everyone has equal skill (so that equal stacks have equal equity); and you have a 15% equity bonus (and everyone else has a corresponding and equal equity deduction)?

yvesaint 12-30-2005 10:35 AM

Re: Decision based on your ROI
 
[ QUOTE ]
Do you call here with TT if you see (assumption) he has AKs? Assumption: Thats the first hand of the STT and you dont know the other player.

Regards
slimbob

[/ QUOTE ]

this is already answered, its a big ole yes

12-30-2005 11:00 AM

Re: Decision based on your ROI
 
I was thinking about this lately.

You guys say that if you have a high ROI you should pass up small +EV edges. But don't you get a high ROI in the first place by making all the +EV moves you can? Curtains says this all the time: take all +EV edges, even +.1 to +.3%.

You only need a certain minimum edge when your equity when you fold is higher than what SNGPT says. When the blinds are high and there are few players remaining, especially at higher limits, SNGPT is right I think. [img]/images/graemlins/smile.gif[/img]


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