Re: A Proposal For A New Way To Distribute Tournament Prizes
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if this is what you want to do then take your 100bbs and every 15minutes move up stakes and reduce your stack by like 1/2bbs seriously tourneys are the way they are because of they payout structure such an awful idea like this is to avoid variance, heck why not do a tourney where ever there is an AI and a call to not even run the remaining cards but distribute the pot based on equity. (note the sarcasm)
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I do agree with the tone of this post. One of the reasons (that I see) for the popularity (aka dead money) in MTTs, is the random luck factor. It is one of the little secrets of tournament poker. But I am not sure that there isn't a middle ground, where we reduce short term variance, and still keep the lottery-like attraction.
As far as Noah's post, I am not convinced that EV changes all that much. Sure, the bubble should be less of a factor, but players that typically play too tight on the bubble probably won't alter their play that much. Basically, you change their decision from "Should I risk the 12k payout for finishing in the money for more chips which makes a higher finish more likely?" to "Should I risk a 5k to get 10k if I win, plus the possibility of more?" Logically, I agree that this should entice risk taking. In reality, I think it is the fear of coming away empty handed that scares player on the bubble, not any deep thought on the future $EV of a play.
I honestly, think EV would remain largely unchanged, but your typical win would be closer to your long term average.
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