Re: 50/50 situations in tournaments. Advice?
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If I make a bet with you that if you flip a coin 5 times and lose the moment you hit tails but win if it is heads every time, then you would be foolish to even accept 2-1 money.
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The first prize in a tournament is much more than 3 times the entry fee. The idea that you should avoid coinflips is grossly overemphasized. No one expects to win the tournament most of the time. Early in a tournament, your share of the prize pool is roughly proportionate to the number of chips you have. This is an easy call.
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