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Old 12-28-2005, 04:34 PM
M.B.E. M.B.E. is offline
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Join Date: Sep 2002
Location: Vancouver, B.C.
Posts: 1,552
Default Re: A Rebuy ? for Math Majors

[ QUOTE ]
If what i said is close to true. then even single rebuying, and single rebuying if you bust, is more +EV than double rebuying and double rebuying if you bust.

[/ QUOTE ]
That doesn't make sense. I think you are inadvertently assuming that the player's total bankroll is $30, which obviously is preposterous.

If you buy in to a rebuy tournament, then you're already playing it. If you can then take an initial rebuy, which in your example gains $18 of value for $10, it makes no sense at all to say "I'm going to forego that, essentially throwing $8 out the window, because tomorrow I can enter another tournament and get $20 of value for the same $10".

You are confused because you are still thinking in terms of ROI, which is not the same as EV.
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