#20
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Re: attitude on coinflips
[ QUOTE ]
from SSHE page 23 "Quantifying your expectation for calling and raising is often difficult, but folding is easy: It is always zero. When you fold, you are guaranteed to win or lose nothing more. If either calling or raising has a positive expectation, you should not fold." [/ QUOTE ] This quote is discussing ring games. That book is about ring games. In a ring game a $1 chip equals $1 This discussion is about tournament equity. Is it really so hard to see the difference between CEV and $EV and how folding can be non-zero in terms of $EV in a tournament situation. As for another reference that earlier bugged me, as it always does these days... Having SNG power tools should have little to do with a person's understanding of why confrontation can be bad even with an edge, why tournament $EV can be different from CEV, etc... I do not own SNGPT, and not to disparage eastbay's work in any way, I really don't think it's necessary to own them in order to understand these concepts. In fact, I think that in order to really get the most benefit fron SNGPT, you should have a good understanding of these concepts to begin with. The fact that you are succeding at SNGs indicates that in many ways, you might already be applying these concepts more than you think. That or you are playing very weak opponents. Regards Brad S |
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