Re: Theory: Gigabet\'s \"bands\" and \"The Finch Formula\" Grand Unificati
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This nitpick has now reached its conclusion. [img]/images/graemlins/smirk.gif[/img]
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Ok, I agree 100%, I just should have worded it better. As I said, the formula should be used in conjunction with judgments about your table conditions.
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This is all I meant to say as well. In particular, I was asking whether the same formula would help to calculate the value of your stack relative to others at your table. In other words, I didn't mean to imply that simply considering the other stacks at your table would estimate your stack's worth overall, but rather that a player might want to make two calculations when faced with a decision, calculating first his equity using the Q for the whole tournament, second using the Q of his table alone.
However, I think that was based on a misuderstanding of the formula. As I understand it now, it calculates your chance of winning first, but not necessarily your equity overall?
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