Re: Tournament Theory question
hi mr. sklansky
i think you would need significantly greater than the 60%. the reason is that by playing normally in many, many non-all-ins, and spreading the risk over a wide area, you can reserve your all-in calls for times when you have significantly greater than the 60%.
if you have a 60% chance when playing normally in the non-all-ins, but then are forced to play 60% all-ins also, al-ins in which you have a 60% chance of winning, the odds of surviving go down to about 40%. and playing normally cannot include going all-in with a hand that you normally wouldn't go all-in with.
i think you would need to be about a 70% favorite, excluding the effect of blinds, in order to go all-in hot and cold.
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