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  #41  
Old 09-22-2005, 03:51 PM
Nicholasp27 Nicholasp27 is offline
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Posts: 93
Default Re: $11 - 88 on button, makes me wonder about betting impetus

look at http://forumserver.twoplustwo.com/sh...14&fpart=1

i was also skeptical, but running the numbers shows curtains IS right...it actually can add 5+ points to your roi %!!
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  #42  
Old 09-22-2005, 04:23 PM
curtains curtains is offline
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Join Date: May 2003
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Default Re: $11 - 88 on button, makes me wonder about betting impetus

btw real quick note, I didn't mention this in this thread (although I thought I did), but these theories are based on a tournament with no vig and all players of equal playing strength, thus assuming they all start with a 0% ROI.
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  #43  
Old 09-22-2005, 04:23 PM
curtains curtains is offline
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Join Date: May 2003
Posts: 240
Default Re: extra chips and EV and the OBVIOUS ANSWER

[ QUOTE ]
You are give $8.20 in $EVicm.

If your ROI is, say 10%, you win $21.5 per and now you win $29.7 per and your ROI is 13.8%.

That wasn't the obvious answer. The obvious answer is: ASK EASTBAY!

[/ QUOTE ]

I did ask eastbay, he hasnt responded yet [img]/images/graemlins/smile.gif[/img]
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  #44  
Old 09-22-2005, 04:26 PM
curtains curtains is offline
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Default Re: $11 - 88 on button, makes me wonder about betting impetus


Nicholas I dont know if Im right exactly. It may be off by a little bit, but my point is that the figures should at least be close to the actual value of the chips.
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  #45  
Old 09-23-2005, 07:08 AM
psparkyuk psparkyuk is offline
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Join Date: Mar 2005
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Default Re: $11 - 88 on button, makes me wonder about betting impetus

[ QUOTE ]
No it doesnt, cmon sparky are you crazy! Stop practicing your voodoo math in which the chips you win, however small, actually have a monetary value.

I admit I don't know if the chips are worth quite as much as the math indicates, but they are obviously worth something close to it, and I'm really shocked at how many people act like I'm way off base by even suggesting this and that these people can actually attempt to use my argument to portray me as insane!

It's like I'm trying to argue that the Earth is round.

[/ QUOTE ]

Wow, a blessing from one of the Forum Gods. Gives a "stranger" a warm feeling [img]/images/graemlins/smile.gif[/img]

Psparky
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  #46  
Old 09-23-2005, 07:15 AM
psparkyuk psparkyuk is offline
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Default Re: $11 - 88 on button, makes me wonder about betting impetus

[ QUOTE ]


But if you want to suggest that there is some "solid math" in this thread that proves the former, I would really like to take a closer look.


[/ QUOTE ]
I was refering to the ICM results. Since my post (I've been offline), there have been several others explaining this, so I'll leave it at that unless you would still like clarification...

Psparky
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