Re: Conjecture and Question
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Tiger Woods analogy....So let's say Tiger is roughly 2:1 or 2.5:1 to win the event (as he usually is rated by the bookies here in the UK). He then promptly goes out and eagles the first hole to take a two shot lead on the field. Does that increase his expectation? Maybe a little but not too much. He is after all quite a bit better than even money to finish in the top 10. But it is also very early in the tournament.
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The problem with this analyogy is that in golf, once you finish one hole, the next one you start from scratch and you are both just as likely to get a good score as on the last hole.
But in poker, if you just doubled your chips, then you have more weapons in your arsenal. It would be more like if Tiger got an eagle on the first hole, then he gets to use 1 additional club in his bag until someone else catches up to him on the leaderboard.
Basically, having a big stack would not be any better if you just redeemed your chips at that point in time. But you don't -- you play on, and having a big stack ends up in reality meaning your ability to acquire more chips goes up faster than linearly.
-g
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