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Old 09-19-2005, 12:48 PM
jba jba is offline
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Join Date: Feb 2005
Posts: 672
Default Re: Mathematically correct, or not

[ QUOTE ]
Down to heads-up in a 1 table tourney.

I have roughly T3600, leaving villain w/T3400

I have A[img]/images/graemlins/heart.gif[/img] , 8[img]/images/graemlins/heart.gif[/img]
Villain has J[img]/images/graemlins/spade.gif[/img] , J[img]/images/graemlins/diamond.gif[/img]

For arguments sake, lets say that I knew his hand.

I'll win the hand roughly 30% of the time, and cash for $100.
I'll lose that hand roughly 70% of the time, and cash for $60.

How do I figure out if the long term results are positive, or am I completely misinterpreting something that I read (somewhere)?

[/ QUOTE ]

I think what you're after is an EV calculation of calling which is:

EV=.3*100+.7*60=72

so your expectation of calling is $72. but the alternative is to fold (you aren't clear on the action, but I presume he went all in preflop or something??) which would appear to leaving you around even stack-wise, which means if you are about even skill-wise you should have a 50/50 shot to win this thing, so it makes your (tournament) expectation of folding:

EV=.5*100+.5*60=80

so folding is better than calling, assuming everything I just said is true ..
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