You have AA every hand . . . when do you quit?
 

My apologies if something like this has already been posted. I don't frequent the Theory forum much.

Here's an interesting thought experiment that came up because of a recent post on another board about Daniel Negreanu buying into a $5-$10 no limit hold'em game at the Wynne with $125,000.

Let's say that you are sitting at the $5-$10 NLHE table one morning. You've just bought in for $500, and are waiting for other players to come along. Up walks Daniel Negreanu. He sits down across from you, introduces himself, he's a nice guy, you chat. No one else is showing up to play though. So to cure his boredom, he offers you a proposition.

Daniel buys in for $125,000. He offers to let you keep the Ace of clubs and the Ace of spades, while he is dealt two random cards from the well-shuffled remainder of the deck. Daniel will then go all-in preflop every single hand. Just to make this clear, every hand you will have pocket aces against Daniel's two (new) random cards (i.e. he gets new random cards each hand), and he is going all-in every hand. If you call, the flop, turn, and river will be dealt and the best hand wins.

Edit to add: If you go broke, the game is over. You cannot rebuy.

How many hands do you play?

Re: You have AA every hand . . . when do you quit?
 

Until I have 125,000. Can I rebuy?

Re: You have AA every hand . . . when do you quit?
 

No. If you get busted the game is over; you can't rebuy.

Re: You have AA every hand . . . when do you quit?
 

[ QUOTE ]
How many hands do you play?

[/ QUOTE ]

All of them.


Seriously though, this game couldnt last more than 8 hands (unless you folded, but where or why would you?). If you won 7 hands in a row, your stack would be $64,000 and you'd have him covered. However, even 27 off has a 1 in 8 chance of beating AA. Either way, this wont last more than 8 hands, with one of you having all of the chips.

Your question was, when would you quit? I dont think any player on this site is standing up from this proposition. Anyone of us will risk that $500 for the chance at $125k with those odds.

MDoranD

Re: You have AA every hand . . . when do you quit?
 

Until he's broke (or you are)

Re: You have AA every hand . . . when do you quit?
 

[ QUOTE ]
[ QUOTE ]
How many hands do you play?

[/ QUOTE ]

Either way, this wont last more than 8 hands, with one of you having all of the chips.



[/ QUOTE ]

This is false.

Re: You have AA every hand . . . when do you quit?
 

[ QUOTE ]
How many hands do you play?


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Either way, this wont last more than 8 hands, with one of you having all of the chips.




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This is false.

[/ QUOTE ]

How is it false? You have $500. If you win the 1st hand you have $1000, hand#2 you win youve got $2000, win#3 $4000, then $8000, then $16000, $32000, $64000, then all of it. Or youve lost all of it. Unless of course you folded a hand. But whos doing that?

MDoranD

Re: You have AA every hand . . . when do you quit?
 

On hand 8 if you lose you are not busted, since you have Daniel covered.

Re: You have AA every hand . . . when do you quit?
 

I'd quit when one of us went broke.

Re: You have AA every hand . . . when do you quit?
 

[ QUOTE ]
I'd quit when one of us went broke.

[/ QUOTE ]

easiest question of the day.