Re: All in with random hand, get a caller, what are my odds?
Well, I found out one fundamental flaw in my idea so thought now I'd post what I had been trying to do. I thought that if I bought in for the minimum amount on a money table and went all in the first hand I would only get a caller 1/7 times. I believed that the minimum buy in was 10x the big blind, so assuming 1/7 callers and 20% success rate on a call I would make 30x big blinds every 70 hands or 50x big blinds at 30% success rate. However, I learned that the minimum buy in is 20x the big blind and I don't think it reasonable to assume 1/14 callers or less than that amount so my idea therefore won't work. Oh, and I was planning on leaving each table after the first round, so it's not like I expected to go all in 70 times and only get 7 callers. Too bad the minimum buy in is 20x the big blind so I never got a chance to test this theory [img]/images/graemlins/mad.gif[/img]
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