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#1
08-31-2007, 06:12 AM
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On buying accounts and why you should care
I made a post on the High Stakes forum about this topic but didn't have any luck (no replies, too theoretical?, non-important topic?). So I decided to post it on the Poker Theory forum and have better luck, I got one reply [img]/images/graemlins/laugh.gif[/img] by Dr. Zebra.
<font color="green"> My question was: </font> Lets suppose you have an average stack on the Sunday Million with 18 people left, and you're a winner player, lets say 50% ROI. A break even player (0% ROI) is the chip leader, with about 1/4 of the chips in play. Now a good player, lets say one with a 100% ROI buys the account of the mediocre break even player and starts playing the last 2 tables. Using numbers from the last Sunday million 1st $185,760 2nd $96,755 3rd $69,628 9th $8,009 10-18th $5,942 How this transaction affects your equity? How much money do you lose because of the transaction? <font color="green"> Here is his answer </font> : ok. let's start off with a few unrealistic assumptions: 1. let's simplify some of the numbers: payouts are 200k, 100k, 70k, 50k, 40k, 30k, 20k, 12k, 8k, and 9 spots at 6k each. 2. the 18 players have equal chips 3. 17 people average 50% ROI and one person averaged 0% ROI and now is someone who averages 100% ROI 4. There are exactly 2000 entrants for 500+30 and 200 pay the results should be nearly obvious because of the oversimplification, but i think the scratch work below is correct in case you want to loosen the assumptions (ie make the field more diverse...) this is the pre-deal equity for a random 50% ROI player with these assumptions: 584k*[(1.5)(530)-E(416k/182))/(584k/18+530)]/ [17*((1.5)(530)-E(416k/182))/(584k/18+530))+(1)(530)-F(416k/182))/(584k/18+530)] where E and F are the expressions = (1+ROI)(Buyin)/(TotalPrizePool/entrants + Buyin) your new equity is: 584k*[(1.5)(530)-E(416k/182))/(584k/18+530)]/ [17*((1.5)(530)-E(416k/182))/(584k/18+530))+(2)(530)-F(416k/182))/(584k/18+530)] which simplifies to: pre-deal: 33,056.70 postdeal: 31,854.30 Hopefully this generates some good discussion between the community David 
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#3
08-31-2007, 11:04 AM
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Re: On buying accounts and why you should care
[ QUOTE ]
i will buy accounts if you are one of final 18 pm me [/ QUOTE ] Just in case you're serious, I already forwarded your post to PokerStars support.
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#4
08-31-2007, 12:36 PM
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Re: On buying accounts and why you should care
[ QUOTE ]
[ QUOTE ] i will buy accounts if you are one of final 18 pm me [/ QUOTE ] Just in case you're serious, I already forwarded your post to PokerStars support. [/ QUOTE ] hmmm that seems appropriate!
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#5
08-31-2007, 12:43 PM
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Re: On buying accounts and why you should care
[ QUOTE ]
[ QUOTE ] i will buy accounts if you are one of final 18 pm me [/ QUOTE ] Just in case you're serious, I already forwarded your post to PokerStars support. [/ QUOTE ] wow
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#6
08-31-2007, 12:57 PM
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Re: On buying accounts and why you should care
[ QUOTE ]
[ QUOTE ] i will buy accounts if you are one of final 18 pm me [/ QUOTE ] Just in case you're serious, I already forwarded your post to PokerStars support. [/ QUOTE ] I mean, is this necessary? If you honestly cared about the ethics behind this you wouldn't say anything about your snitching and just e-mail it to stars support, hoping the "account buyer" can't cover up his tracks. You just come off as a popmpous, arrogant, fool, who has resorted to fueling his own self-righteous ego because "the young punk cheaters with no balance in life because they don't come home to my little niņos each day and have no morals or integrity are "stealing" all your equity." You don't care at all about the cheaters. You care that sirio11 is stomping out all the cheating scum with his mathematical brilliance, and cunning wit!
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#7
08-31-2007, 01:01 PM
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Re: On buying accounts and why you should care
lol, wow @ that as well
edit: first
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#8
08-31-2007, 01:07 PM
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Re: On buying accounts and why you should care
(12:54:37) stealthmunk : quick
(12:54:38) stealthmunk : send me an n (12:54:40) stealthmunk : with a tilde (12:54:41) stealthmunk : please (12:54:52) me: ok (12:55:59) me: ņ i have nothing else to add
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#9
08-31-2007, 01:07 PM
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Re: On buying accounts and why you should care
Im totally in support of Sirio and his efforts to curb online cheating/colluding or whatever you want to call it. Im glad that he is willing to take a stand and we need more players like him. And fwiw I think Stealth is totally out o f line with his last comments.
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#10
08-31-2007, 01:17 PM
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Re: On buying accounts and why you should care
[ QUOTE ]
[ QUOTE ] [ QUOTE ] i will buy accounts if you are one of final 18 pm me [/ QUOTE ] Just in case you're serious, I already forwarded your post to PokerStars support. [/ QUOTE ] I mean, is this necessary? If you honestly cared about the ethics behind this you wouldn't say anything about your snitching and just e-mail it to stars support, hoping the "account buyer" can't cover up his tracks. You just come off as a popmpous, arrogant, fool, who has resorted to fueling his own self-righteous ego because "the young punk cheaters with no balance in life because they don't come home to my little niņos each day and have no morals or integrity are "stealing" all your equity." You don't care at all about the cheaters. You care that sirio11 is stomping out all the cheating scum with his mathematical brilliance, and cunning wit! [/ QUOTE ] I do not think I have ever been more offended or pissed off at anything ever said on 2p2. You, sir, are a complete douchebag (not that it wasn't obvious a long time ago). Sirio's big ego? Are you serious? Take your ethical grey areas, stealthmunk, and shove them up your ass. Your grandstanding in the ethical threads is pretty transparent. You'll get what's coming to you eventually, one way or another.
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