Re: Intresting proposal
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To win, you have to survive nine consecutive all-ins.
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This is not correct. If he wins the first allin, he will have all chipstacks covered and can lose the next allin without going broke.
It is a very interesting proposition bet, and I dont know the answer. A more interesting question than the 5:1 odds your friend offered, is the following: "What odds must be offered before this bet is EV neutral?"
One initial problem that comes to mind is not so much the fact that you must win later allins, but you must win the first allin. You have a RH, but you can choose your RH against 9 others and choose the worse one of the 9 to play against (ideally one you dominate).
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