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Old 09-16-2006, 02:20 AM
Phat Mack Phat Mack is offline
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Join Date: Sep 2002
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Default Re: Omaha 8 article -- The Flaws

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No getting quartered, no duplicated hands, yet the 10 scoop outs are worth six times as much as the 10 split outs.

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If you are trying to compare the EV of scoop outs to split outs directly then you are not thinking about the problem in the right way.

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Agreed, I only meant it as an illustrative example. (I was toying with the idea of trying to find an algebraic structure for outs, but doing so would be both trivial and futile, and, as you say, not the correct way to think about the game.)

It would be nice to nail down some terms, however: Equity; EV; profit; revenue; worth, etc. I think confusion about what people were talking about drove a lot of this thread.

The summation in your first post tied things together nicely, I thought. (I'm not sure equity and EV are the same thing, but don't let's even go there [img]/images/graemlins/smile.gif[/img] )

Congrats to Buzz for providing such an interesting and provocative article.
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