Re: Poker Theory Question
Can't do the math but suspect your formula does match YOUR situation. But the situation you gave is NOT the one of the original post.
Your objective is to maximize your chances of winning the one hand you intend to play. The original objective is to win the tournament. [1] The sooner you play a hand the more chips you have and therefore the more you can win. If you have enough for 10 hands you would MUCH prefer to win the first than win the 8th. [2] If you are short on chips you are going to have to win at least two hands.
So if you have enough for only 2 antes, you are much more likely to play the first hand since if you don't, you only have half as much money left. If you don't you have to win the next two hands. Not sure how to calculate it, however.
- Louie
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