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#3
09-05-2005, 08:36 PM
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Re: Rebuy
For me, it's how much I have invested at that point. If I have 10K in chips and I'm still riding on one or two buy-ins, I increase my investment by 50%-33% for a 20% increase in chips, so I won't do it. If I'm already on 10 and a 10% increase will give me 20% more chips, I will.
That makes sense to me but whether it's the "right" way to think of it in Sklansky terms I don't know. Very curious how others approach this. Kirk 
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#5
09-05-2005, 08:43 PM
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Re: Rebuy
i'm not sure what's correct, but i'm pretty sure deciding based on how much you've invested already is probably wrong...
you should make each decision without influencee from previous decisions. If it's +EV to addon w/ X amount of chpis then do it no matter what, if not then don't. I'm pretty sure theres a point at which your chips that you are buying arent worth the $10, but it must have to do with how big your stack is, and how manyy chips are in play.
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#6
09-05-2005, 08:51 PM
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Re: Rebuy
[ QUOTE ]
For me, it's how much I have invested at that point. If I have 10K in chips and I'm still riding on one or two buy-ins, I increase my investment by 50%-33% for a 20% increase in chips, so I won't do it. If I'm already on 10 and a 10% increase will give me 20% more chips, I will. That makes sense to me but whether it's the "right" way to think of it in Sklansky terms I don't know. Very curious how others approach this. Kirk [/ QUOTE ] This is definitely not the right way to think about it. The amount of money it cost you to build the stack you have now is irrelevant. If you are paying $5 more into a prize pool of $25K, the only question is whether the add-on will increase your EV by more than 1/5000 (ie, 5/25,000). Obviously you can't calculate anywhere near accurately, but the percentage of that 25K provided by you is irrelevant- that money is gone now.
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#7
09-05-2005, 08:53 PM
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Re: Rebuy
SLeep? psh i laugh at sleep.
and no, my dad wanted to go out to dinner so i didnt get the chance and now i came back and saw the 150 registering... and i can't just let that go withuot playing it. And since i'm playing the 150... i'll have to play the 25k... and this story probably ends with my collapsing after the 3:15 ( [img]/images/graemlins/heart.gif[/img] )
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#9
09-05-2005, 08:57 PM
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Re: Rebuy
[ QUOTE ]
aer you in the PLO Rebuy? I'm first in chips 22 mins in. [/ QUOTE ] nah i decided against playing in it (gasp) because i've been neglecting my madden franchise and wanted to put some time into that. Good luck in that.. looks like Omaha's a good game for you
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#10
09-05-2005, 09:02 PM
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Re: Rebuy
[ QUOTE ]
For me, it's how much I have invested at that point. [/ QUOTE ] From an EV standpoint this makes no sense. Mathematically (that is, not taking skill into account) the only things that matter are your stack size, other stack sizes at your table, and average chip count. Money in the pot is no longer "yours", and this includes tournament prize pools. One thing I have never seen mentioned in any of the books I've read, or on online discussions, is stack size relative to the blinds. In other words, if you have t10000 and can rebuy for t1000 more, would it make a difference if the blinds next round are 50/100 and if they are 200/400? EDIT: I just realized part of the answer to my own question; it has to matter at least some because smaller blinds means more skill, and more skill means if you're one of the good players then the rebuy is going to have a higher expected ROI, meaning if the decision is marginal it could swing based on blind size. So the question now is how much does it matter?
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