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  #1  
Old 02-13-2005, 01:25 PM
SkippingGoat SkippingGoat is offline
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Join Date: May 2004
Location: Princeton
Posts: 162
Default Buying a stack.

What is the appropriate amount (in terms of the percentage of the prize pool) to pay for a stack in a freezout tournament? Assume the following:

There are 5 players and you will be buying the stack of a player that is leaving.

The stack is 10% of the total chips in play and is the smallest stack.

The payout structure is 1st: 2/3 , 2nd: 1/3.

The skill level of all players is approximately the same.
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  #2  
Old 02-13-2005, 03:02 PM
Iceman Iceman is offline
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Join Date: Dec 2003
Posts: 87
Default Re: Buying a stack.

[ QUOTE ]
What is the appropriate amount (in terms of the percentage of the prize pool) to pay for a stack in a freezout tournament? Assume the following:

There are 5 players and you will be buying the stack of a player that is leaving.

The stack is 10% of the total chips in play and is the smallest stack.

The payout structure is 1st: 2/3 , 2nd: 1/3.

The skill level of all players is approximately the same.

[/ QUOTE ]

Before we can answer that, we need to know how big your stack and the other stacks are.
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  #3  
Old 02-13-2005, 03:08 PM
TomCollins TomCollins is offline
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Location: Austin, TX
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Default Re: Buying a stack.

Why not auction it off?
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  #4  
Old 02-14-2005, 09:54 AM
SkippingGoat SkippingGoat is offline
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Location: Princeton
Posts: 162
Default Re: Buying a stack.

Assume the following stack sizes:

2500
1400
1400
1000
700

The blinds are currently 25-50. You're buying the 700 stack. What is the theoretical value of the stack?
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  #5  
Old 02-14-2005, 09:59 AM
jimdmcevoy jimdmcevoy is offline
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Posts: 728
Default Re: Buying a stack.

Very complicated problem, all I can do is put a lower limit on it. It's at least worth 2/30 of the prize pool, since if you play just to get first place you should win at least 10% of the time if you are of equal skill.
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