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Old 11-02-2006, 11:06 PM
pzhon pzhon is offline
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Default Re: Another Simulation That Sheds Light on Chips Changing Value

This is a very poor model of poker, and it does not allow you to conclude what you would like to conclude.

[img]/images/graemlins/diamond.gif[/img] You are UTG. You act first, getting no information from your opponents' actions.

[img]/images/graemlins/diamond.gif[/img] Your opponents collude. I'd be very upset if I pushed in a tournament, and the other players flipped up their hands to figure out which player should call me.

[img]/images/graemlins/diamond.gif[/img] Your opponents act stupidly. If the second highest hand is .5, there is no way this is going to beat a hand worth pushing, but you are assuming the owner (or someone with an even worse hand) will call anyway.

The first two factors dominate when your stack is small, and the third factor dominates when your stack is large. The difference between playing-UTG-against-cheating-idiots and poker, or more symmetric [0,1] games, is too large for you to conclude something about the relative value of chips in large stacks versus small stacks.
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