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Forum: Multi-table Tournaments 12-28-2005, 10:01 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

[ QUOTE ]
The point is, this is not an either/or situation. You can do both. If you pass up rebuying today, then you are throwing away $8 of EV (compared to rebuying today, and also entering...
Forum: Multi-table Tournaments 12-28-2005, 04:40 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

Well i said that you have to ignore time. EV is unrelated to time spent. So you're not 'throwing away' $8, you're just going to put the $10 to a better use. Think of it as you're playing two seperate...
Forum: Multi-table Tournaments 12-28-2005, 02:08 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

[ QUOTE ]
By the same logic, it could make sense to not even take the double rebuy.

[/ QUOTE ]

Thought about this some more, and i feel pretty confident about saying that now. double...
Forum: Multi-table Tournaments 12-28-2005, 01:11 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

[ QUOTE ]
EDIT: I think ROI is a pretty useless statistic when calculating profitability, it's all about EV and SD.

[/ QUOTE ]

ROI IS EV. you just have to make sure the units are the same....
Forum: Multi-table Tournaments 12-28-2005, 01:07 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

But in the situation we're tlaking about, the buyins are the same. Your EV on the first $20 you put in, is going to be greater than your EV than the second $20 you put in. Because you're going to be...
Forum: Multi-table Tournaments 12-28-2005, 05:37 AM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

uh?

EV = ROI
Forum: Multi-table Tournaments 12-28-2005, 03:10 AM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

well, he's right in a way.

the first time you buy in to the tournament is when it's most profitable, because you're stack will be average (or above if you double rebuy) and you'll have the entire...
Forum: Multi-table Tournaments 12-27-2005, 04:55 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

Again, you have to stop thinking of it as a collective investment.

If you drop 100 in a $10 rebuy, that's not a $100 investment, it's 5 seperate $20 investments (counting double rebuys). The...
Forum: Multi-table Tournaments 12-27-2005, 03:17 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

[ QUOTE ]
see what kind of rebuy investment you should/can justify

[/ QUOTE ]


I'm pretty sure i won't be able to clearly say this, but each rebuy investment shouold be viewed...
Forum: Multi-table Tournaments 12-27-2005, 02:28 PM
Replies: 41
Views: 1,525
Posted By Exitonly
Re: A Rebuy ? for Math Majors

Er. maybe i'm slow this morning, but i don't get what you want the formula to solve/show.
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