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Old 12-30-2005, 02:31 PM
Paul B. Paul B. is offline
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Default How does Daniel Negreanu make money? (MTT strategy)

From his CardPlayer article:
[ QUOTE ]
I answered a hypothetical question a while back that went something like this: Let’s say you are in the WSOP main event, and on the very first hand dealt, you have A-K offsuit in the big blind. Everyone folds to the small blind, who exposes his cards to you and goes all in with Q-J suited. Would you call?

You should — seriously. You would win the pot 60 percent of the time, meaning that six out of 10 times, you’d start the tournament with twice as many chips, while four times, you’d be out early and could enjoy the rest of the afternoon! That is too good an offer to pass up. You could justify folding as a 53 percent or even 55 percent favorite in this situation, but 60 percent is just too much equity for any mortal to give up.

[/ QUOTE ]
This is massively -EV in the long run. How does he make money?
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