View Single Post
  #6  
Old 09-22-2005, 04:15 PM
microbet microbet is offline
Senior Member
 
Join Date: Jan 2005
Location: Southern California
Posts: 1,360
Default Re: MATH: 45 extra chips to start 800-chip tourney adds >5% to ROI

[ QUOTE ]
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

[/ QUOTE ]

Seems like a wierd way to calculate it. I did this in the other thread for a 1000 chip game, but I would put your max at:

$1.65 (you normally make) + $.51 (you are given) = $2.16 (what you now get)

$2.16/$11 = 19.6% for an increase of 4.6%.
Reply With Quote