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#41
03-13-2006, 02:52 PM
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Re: Putting all your chips at risk, how small of an edge?
[ QUOTE ]
that isn't an edge at all is it? it's 50/50. [/ QUOTE ] Yes, last time I checked a coin flip is 50/50. 
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#43
03-13-2006, 02:56 PM
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Re: Putting all your chips at risk, how small of an edge?
[ QUOTE ]
[ QUOTE ] that isn't an edge at all is it? it's 50/50. [/ QUOTE ] Yes, last time I checked a coin flip is 50/50. [/ QUOTE ] alright well then wtf are you talking about? we are talking about having an edge. 52/48 =/ 50/50. so no, i would not put all my chips at risk on a coinflip. FWIW, my "cutoff" is about 55/45 for a 1:1 (which never actually happens), but it's all a matter of guessing at ranges. i guess i just don't understand why you don't get the difference between 55/45 with an overlay and 50/50 at 1:1.
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#44
03-13-2006, 03:00 PM
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Re: Putting all your chips at risk, how small of an edge?
He gets the difference.
Take the classic WSOP SB vs. BB, AKs vs. QQ scenario, where the antes are 25/50 and stacks are 10k, so you have to call 9950 to win 10000. That's as close to a coinfip as you can without sidepots and whatnot. That's almost identical statistically to flipping a coin.
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#45
03-13-2006, 03:01 PM
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Re: Putting all your chips at risk, how small of an edge?
[ QUOTE ]
Ninja, I'm very interested in reading your post. I'd would love for some of the "survivalist" posters to mathematically explain their position. [/ QUOTE ] That's the thing, I'm not a survivalist overall. A quick preview of my post: take less marginal showdowns with poor players and more with players you feel are as good or better than yourself. This is only the tip of the iceberg, however.
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#46
03-13-2006, 03:01 PM
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Re: Putting all your chips at risk, how small of an edge?
[ QUOTE ]
any edge at all. In fact, early in a tournament I'll even gamble with an ev of zero. On the lines of if you're a good player you can fold; that's [censored]. I feel I have an edge on every field I play in and the reason is I maximize fold equity, play within my bankroll, and I'm willing to take any edge, including slight ones. [/ QUOTE ] I don't see why mlagoo doesn't get that I do get that edges/overlays are good. I have said it repeatedly. I have said that straight coinflips are bad, and ty (not picking you, just as an example) and others have said they would essentially take a straight up coinflip early on in hopes of doubling up. So, my example was directed at those who have said they would take a gamble on a DU early. Many on 2+2 have said they would. If you are not one of them, I do not see why you are getting upset with me.
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#48
03-13-2006, 03:06 PM
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Re: Putting all your chips at risk, how small of an edge?
[ QUOTE ]
[ QUOTE ] Ninja, I'm very interested in reading your post. I'd would love for some of the "survivalist" posters to mathematically explain their position. [/ QUOTE ] That's the thing, I'm not a survivalist overall. A quick preview of my post: take less marginal showdowns with poor players and more with players you feel are as good or better than yourself. This is only the tip of the iceberg, however. [/ QUOTE ] Partly because every marginal showdown you take with a better player forces him to see a marginal showdown with a worse player?
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#49
03-13-2006, 03:07 PM
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Re: Putting all your chips at risk, how small of an edge?
So if you have the AK and are getting 1.2-1 from the pot then calling is exactly neutral EV, or a coinflip. That is if QQ turns his hand faceup.
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#50
03-13-2006, 03:08 PM
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Re: Putting all your chips at risk, how small of an edge?
[ QUOTE ]
You are strictly taling pot odds here. The coin flip more involves the hand vs. hand which is not a coin flip. QQ has a 13% edge 56/43 over AK. [/ QUOTE ] Meh, fine, AKs vs. 77 where 1 of your 7's is sharing a suit with the AKs, it's like 51.5/48.5 or so, right?
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