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#1
04-22-2007, 03:37 PM
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$EV, ROI and satellites
This is something that has come up recently in a discussion and I am looking for opinions.
When we get to bubble situations in tournaments we might consider our $EV to decide if a marginal decision is correct given the equity gained compared the the equity lost. $EV is an absolute value based on the buy in. If I have satellited in, the $EV means more to my bankroll than to someone who bought in. When I get to the same early paying positions which pay multiple places, the effect of missing out on the bubble on my bankroll is huge. Surely the correct way to consider $EV is infact ROI-EV. The result of this is that the early paying positions are clearly more important to the satelliters than to players who are rolled for the game. Therefore it is correct for the satelliter to pass up some edges which are both marginally +cEV, +$EV but -ROI-EV from the view of the effect this money has on our ability to play future games and those stakes etc. I am considering that the player who satted in was bankrolled for the satellite and not for the game they got into. Basically should the fact that you satellited into the game and not bankrolled affect your decision making on money bubbles? 
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#3
04-22-2007, 03:59 PM
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Re: $EV, ROI and satellites
[ QUOTE ]
If the player is bankrolled for the sat. but not for the game he satted into, he should sell his seat until he is rolled for the said game. [/ QUOTE ] I agree with this, but that isn't always possible.
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#5
04-22-2007, 04:08 PM
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Re: $EV, ROI and satellites
[ QUOTE ]
then dont play the sats till you are rolled for the games [/ QUOTE ] What? This isn't about a situation I am in. This is about what generally is the correct strategy that should be taken.
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#7
04-22-2007, 06:47 PM
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Re: $EV, ROI and satellites
[ QUOTE ]
[ QUOTE ] If the player is bankrolled for the sat. but not for the game he satted into, he should sell his seat until he is rolled for the said game. [/ QUOTE ] I agree with this, but that isn't always possible. [/ QUOTE ] im pretty sure it is always possible http://forumserver.twoplustwo.com/showfl...0&fpart=all
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#8
04-22-2007, 07:01 PM
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Re: $EV, ROI and satellites
[ QUOTE ]
[ QUOTE ] [ QUOTE ] If the player is bankrolled for the sat. but not for the game he satted into, he should sell his seat until he is rolled for the said game. [/ QUOTE ] I agree with this, but that isn't always possible. [/ QUOTE ] im pretty sure it is always possible http://forumserver.twoplustwo.com/showfl...0&fpart=all [/ QUOTE ] only for pokerstars
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#9
04-22-2007, 07:04 PM
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Re: $EV, ROI and satellites
[ QUOTE ]
[ QUOTE ] Surely the correct way to consider $EV is infact ROI-EV. [/ QUOTE ] ummm, why? That's not correct at all. [/ QUOTE ] Why is it not correct at all? In tournaments we make decisions to maximise our ROI, which is how we look back at results. Thinking about an absolute value such as $EV is meaningless, it only takes meaning when compared to our buyin / bankroll. When we get to the bubble of a tournament, the effect of someone who satellited in who misses the bubble is more severe than to someone who bought it and is bankrolled who misses it.
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#10
04-22-2007, 07:06 PM
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Re: $EV, ROI and satellites
[ QUOTE ]
[ QUOTE ] [ QUOTE ] If the player is bankrolled for the sat. but not for the game he satted into, he should sell his seat until he is rolled for the said game. [/ QUOTE ] I agree with this, but that isn't always possible. [/ QUOTE ] im pretty sure it is always possible http://forumserver.twoplustwo.com/showfl...0&fpart=all [/ QUOTE ] there is a world outside the internet and pokerstars. However, in that case you arent given W$, you would have to email them and come up with a story to get the W$.
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