Re: The old notion of passing up marginal +ev spots in tournaments...
[ QUOTE ]
[ QUOTE ]
But what is your TEV of the double up chip stack?
According to the article author, itīs not $20,000 but $22,000 to reflect a higher TEV and big stack benefits.
[/ QUOTE ]
No. Reread the article. Both your interpretation of the units and the explanation are wrong.
Let's try to push the frontiers of research in the right direction.
[/ QUOTE ]
Glossing over the authors argument, which is based on a "Winner Takes All" philosophy, rather than the true consequences of multi-payout MTT is a far greater inaccuracy.
As early on the value of stacks closer reflects their $ approximation, I think itīs fair to use the authors $22,000 figure in that way.
The true EV of flipping in that spot is 3% of stack due to cost of BI to next tourney when you bust out.
So the real question is whether your TEV is doubled by winning a flip, or whether itīs increased by less, or improved even more as that article author suggested.
|