Tournament Theory question

[Piiop]

Magic Man makes good point that his chances of busting out are not 40%, rather he has a 60% chance of reaching 20k. That leaves the remaining 40% to mean that he can obtain anything from 0 to 19,999. And he could finish as high as 2nd place. Even if he does not make that 20k, he is still definitely alive in the tournament, though he may be at chip disadvantage, that doesn't really apply to the question.

So, back to the question, I think that I'm changing my answer to E. Unless the chance of me winning is very, very high, I'm folding. When I do fold where does it leave me? The same amount of chips as everyone else and I still have a good chance of continuing and possibly winning the tournament.

Just for fun I might call at 60% anyway [img]/images/graemlins/smile.gif[/img]