View Single Post
  #1  
Old 09-22-2005, 03:49 PM
Nicholasp27 Nicholasp27 is offline
Member
 
Join Date: Aug 2004
Posts: 93
Default MATH: 45 extra chips to start 800-chip tourney adds >5% to ROI

take a 15% ROI player in 10/1 tournaments
1.15*11=12.65/tournament (-11 buyin = 1.65 profit)
ICM says they should only bring in 10/tournament if even skilled
12.65/10=26.5% advantage due to player skill
If you start with 845 chips and everyone else has 795 chips, then ICM says you should bring in 10.51/tournament
10.51*1.265=13.29515 = what you expect to bring in due to skill advantage

13.29515/11=1.20865=20.865% ROI

that's 5.865 points higher than his usual 15%!!!


45 chips early on DOES make a difference
Reply With Quote