View Single Post
  #24  
Old 06-21-2005, 11:28 AM
Eyeback Eyeback is offline
Member
 
Join Date: Mar 2005
Posts: 48
Default Re: Spark Notes on Gigabet\'s Post

[ QUOTE ]
[ QUOTE ]
It's complete nonsense to say you'd pass on some $EV now for more $EV later. You'd never pass on $EV, ever, because it would be throwing money away, by definition.

eastbay

[/ QUOTE ]

This is not correct. Counterexample: You have $100 and
Joe offers you $200 to $100 on the flip of a coin. But you
know that tomorrow, Bill will offer $500 for the same gamble,
and if you lose the $100 today, you won't be able to make
tomorrow's bet. You should pass up todays +ev bet for the
better bet tomorrow.

Sklansky has discussion of this in his Tournament Poker for Advanced
Players. But I'm sure you've read this, so your statement
surprises me.

Suerte,
Jonathan

[/ QUOTE ]

If you make that bet with Joe you are throwing money away therefore its -$EV compared to passing the bet. This is not a counterexample to eastbays statement in anyway.
Reply With Quote