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Old 05-08-2006, 08:48 AM
Richas Richas is offline
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Join Date: Feb 2006
Location: On the learning curve
Posts: 484
Default Re: Conjecture and Question

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I remember when this thread first came up. I didn't get it then, and really don't get it now. A lot of thought has gone into the replies of many.

Why?



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because if the chips are of a different value depending upon who has them then this should affect how you bet.

We can see this when the big stack is happy to call with rubbish as the consequences of losing to a 10bb push are so low compared to wiping the guy out and building the stack with the 10bb and the dead money.

That is later on but if the chips have differing values at the begining when everyone has the same number it could be that it is right to call the push from the best player in the tournie and take the coin flip but absolutely wrong for you to call a similar push if you are the best/better player.

Once the chips are in the middle they don't belong to either the good or bad player involved in the hand. The expected value they represent is different again. When the best player pushes pre flop and is called the extra ev in the chips he owns has changed, each chip is worth the same as the worst player in the world with the same hand it is only when the hand is resolved that the ev is known as either 0 or what the pot is worth in your stack.
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