Re: MATH: 45 extra chips to start 800-chip tourney adds >5% to ROI
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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
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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%.
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