Re: Something I\'ve been thinking about
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Since the distribution is the same...
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What do you mean by that? Distributions of those 5 examples are not the same...
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Hero has 50% equity against villain's stated range in all 5 examples.
When we know the villain's range with 100% certainty, the only thing that matters is our equity against that range. The composition of that range is irrelevant.
The composition of villain's range generally DOES matter, because we aren't 100% confident in that range. We need to analyze, even if only by gut feel, how sensitive our equity is to small changes in the range.
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Yea, ignore my comment, I am hallucinating. Same mean, same distribution, same variance.
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