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Old 06-13-2005, 02:42 PM
ilya ilya is offline
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Join Date: May 2004
Location: Party Poker
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Default Re: Spark Notes on Gigabet\'s Post

I was talking about CEV and/or ICM-EV. Eastbay is of course right to point out that we should be thinking of Actual EV rather than CEV/Some Model EV when making decisions, but I think that what Giga was describing is a sort of proprietary $EV model that more closely approximates Actual $EV than either CEV or ICM approaches. In this model, making -CEV and /or -$ICM-EV moves is sometimes correct, and making +$ICM-EV and/or +CEV moves is sometimes incorrect. There are situations where it's readily apparent that the Actual +$EV move is different from the +$ICM-EV/+CEV move, e.g. a battle-of-the-super-shorties situation. Giga's post outlines some of the other situations where Actual $EV diverges from $ICM-EV and or/CEV, and offers a conceptual framework to help recognize such situations whenever they arise.
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