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Old 10-30-2005, 10:12 PM
Simplistic Simplistic is offline
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Join Date: Mar 2005
Posts: 380
Default Re: attitude on coinflips

[ QUOTE ]
Chips don't have equal value. In a cash game, you would take any (in theory, I'm sure there are exceptions) +cEV gamble. Taking these gambles in an SNG comes with an underlay (often significant). So if you flip on the 1st hand (with 10% equity at the start), you only move up to 18.44% equity when you win. So every flip costs you .78% of the prize pool. So no, taking flips will not show a profit.

[/ QUOTE ]your explanation is the same as people who question whether to take flips in MTTs, yet the consensus in MTTs is that you should push small edges
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