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  #31  
Old 07-23-2005, 05:37 PM
Karatitis Karatitis is offline
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Location: Toronto, CANADA
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Default Re: Alert: Party BBJ now +EV through 5/10 level

Uglyowk,

Ok, yes I concur that the lottery example is somewhat different.

But, what I was trying to illustrate here is that chasing positive EV in a miniscule probability event can't always be worth "running to your computer" as you put it.

For example, the ring games themselves should be beatable for the player in question. Then - if all that is true, what are the chances that you're gonna hit quads in the same hand that someone else has the st8 flush, etc.
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  #32  
Old 07-23-2005, 05:50 PM
MicroBob MicroBob is offline
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Default Re: Alert: Party BBJ now +EV through 5/10 level



[ QUOTE ]
due to the fact that there can be multiple winners, forcing a split pot.

[/ QUOTE ]


right.


I'm not familiar with my lottery-math either.


but if you have a lottery with a 13-mil to 1 chance of hitting....and the lottery stands at $20-mil (for a $1 ticket)....is it still a +EV play if 100-million decide to play it?
I think not. If you are lucky enough to hit there is a good chance that you will be splitting the pot with 1 or 2 other folk.
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