Re: \"True M\" vs. Harrington\'s M: Critical Flaws in Harrington\'s M Theory
I don't think the main issue with M is the number of rounds before you get blinded out if you fold everything.
If you have an M of 3, you increase your stack by 1/3 if you open push and no one calls, and you are getting 4-3 pot odds if you get one caller not in the blinds.
I think the bigger issue than the blinds going up is the ante. Having an M of 6 with 9K chips and 500/1000 blinds is not the same as having an M of 6 with 9K chips and 250/500/75 blinds. You would make different types of open raioses and reraises in the two cases.
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