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Old 10-07-2007, 09:27 PM
JokersAttack JokersAttack is offline
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Join Date: Aug 2007
Posts: 940
Default Re: Elezra vs. Baxter HSP...Huh?

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lol @ the morans wondering why Eli didn't request to run it twice when the hands were shown, and why Baxter wouldn't want to.

Running it twice is done in situations where it is in both parties' interests to reduce variance. Situations like a set v an OESD, bottom two against TPGK, flush draw against TPTK, ect. This is because when pros sit down to play, in a game they feel they have an edge in, they often don't want to needlessly flip when they feel they have can carve out smaller pots or get it all in with a much better equity. This is especially true when playing with 1 or 2 bullets.

Aside from being completely dead on the flop, Baxter had Elezra in as good as position and anyone can hope to be when the money goes in. Why would he want to reduce variance? He is like 95% to win the hand. Elezra on the other hand is pretty much dead. Yeah, I guess you could say there's no reason why Baxter shouldn't want to run it twice, which pretty much hedges against any chance of losing. But at the same time, why give Elezra double the chance to split a pretty big pot? And it wasn't Baxter that refused running it twice anyway. Elezra is a gambler, and unless he was up against a live draw, there's no reason to ask to run it twice and chase a pretty futile dream of chopping, anyway.

If you nits are so scared of getting your money in on the flop as a 95% favourite, why are you playing in the first place?

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It's usually a good idea to not call people morons, especially when you're about to say something moronic yourself. It's also a good idea to pay attention to the question, so that you don't preach an answer to something no one asked.

Running it twice always reduces your variance without changing your EV, whether you're flipping a coin with a combo draw on the flop, or have someone drawing to one out on the turn. It's never a bad idea to choose an option with lower variance when you're ahead, if your EV is not affected.

The original question I posed was why it's a bad idea for Baxter to agree to run it twice. The answer is that it's not a bad idea, the math is in favor of running it as many times as possible, up to the whole remaining deck. If he wants to take extra risk for no reward, that's his decision, but the smart thing to do is to always reduce variance for the given EV.

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ur moran...

I clearly acknowledged that there was no glaring negative regarding running it twice.

But what's the point in doing so when you're hedging against a 5% event? The reason Baxter didn't run it twice is the same reason every pot in any form of HSP around the world isn't run twice, or four times, or six times. It's because people want to gamble, especially when they are 95% favourites to win massive pots. lolmoran.
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