Re: ICM Thoughts
I think maybe he means
a .5% gained equity for hand A with an X% busting possibility is differnt then a .5% gained equity when the % chance of busting is higher...You might be gaining the same value in ICM theory, but because your risk is greater(busting more often) your actual value is higher to fold.
for example..lets use a ridiculous hypothetical. Lets say there is a lotto. you pick 1 number between 1-1,000,000 and if your number is picked you win $1.5 million. If every entry costs $1, but you can only play once a day it just isnt worth it. in the short run without being lucky. In poker you can pass on high bust + EV situations and pick up another +EV situation with lower variance.
Maybe I am waaaaaay off.
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