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Old 06-07-2007, 10:21 AM
tewall tewall is offline
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Join Date: Jan 2003
Location: midwest
Posts: 2,211
Default Re: Grade the June Magazine

Thank you for your comments.

I don't think what you wrote is entirely accurate. Both STT's and MTT's are about taking advantage of +EV situations. Because of differences in the tournaments (both in terms of structure, and the way people play), what is +EV for one may not be +EV for another. In particular, in the context of our discussion, an MTT resteal might be profitable whereas the same resteal would not be in an STT.

I redid the resteal calculations I had done, assuming the action was not near bubble (so that chipEV could be used as as a good aproximation in place of the ICM model), and indeed the resteals were FAR more profitable than in an STT, so one could justify more aggressive action in an MTT, but the reason, I would think, would primarily be because the plays are so +EV, and one would not want to pass up such plays.

However, even though the plays are much better for an MTT, that still doesn't mean they aren't profitable for an STT. Looking at a range of from 20xBB to 12xBB, assuming villain would steal (3xBB raise) with top 50% of hands, and fold half of those, raising with Q7s would raise your equity by at least 25%. Assuming the calculations and assumptions are correct, this seems too good an opportunity to pass up, even in an STT.

The most important part of this would be getting the raising range of the villain correct.
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