Re: Theory: Gigabet\'s \"bands\" and \"The Finch Formula\" Grand Unificati
Atticus,
Run the ICM on a winnner take all structure. You'll see that chip EV = money EV the whole way. The ONLY reason chips ever have decreasing cash value is that you CANNOT win the whole prize pool in a normal tournament.
In fact, this exponential model is really only relevant for a non winner take all structure, for that reason.
It's a nice idea but I think this equation needs extreme remodeling before it can be applicable.
Everett
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