Re: Hypothetical situation, would like some discussion
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If you read some other posts linked to here, there is sound math, and if you read any game theory/deeper mathmatical theoretic work, you'll realize that all other things being equal doubling your chips exactly doubles your EV in a pure lotto situation, the key is determining how poker is different from a pure lotto and how those differences influence the theoretically optimal play.
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We agree that all things are not equal.
And that makes all your game theoretical nonsense worthless.
The average player has an TEV (T10,000) <<< $5,000 since 100% of the prize goes to 10% of the finishers. We assume that there is some correlation between ability and performance, but this is based on metrics that we can't measure. However the historical evidence is pretty compelling.
Is TEV(T20,000) > 2 x TEV(T10,000) for an average player? Who knows. But TEV(T20,000) <<< $10,000 for an average player.
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