Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 09-28-2007, 12:46 PM
maletaja maletaja is offline
Member
 
Join Date: Jul 2007
Posts: 79
Default Do i have +EV

Situation is next.10 players(50+5) Guaranteed prizepool 1000$
so its almost 100% overlay.
But here is some catch.I cant play 1-st hour.(structure 15min,2500chips)
Do i still have +EV due to 100% overlay?
Reply With Quote
  #2  
Old 09-28-2007, 01:20 PM
jay_shark jay_shark is offline
Senior Member
 
Join Date: Sep 2006
Posts: 2,277
Default Re: Do i have +EV

I'm assuming blinds are at initially 10/20 for the first 15 minutes , then increase to 15/30,25/50 and 50/100 . Let's say on average about 70 hands are dealt /hour or about 1.16hands /minute

You will lose a bb and sb once and sometimes twice depending on where you're sitting . Let's say you lose on average 45 bb's in the first 15 minutes . You will lose on average about 67.5 from 15-30 minutes ,about 112.5 from 30-45 and 225 from 45 to 60 minutes . In total you will lose about 45 + 67.5 + 112.5 + 225 = 450 bb's .

You will have about 2500-450=2050 chips left .The total number of chips in play will be about 20500 and so there is still quite a bit of overlay here .

ie , you will come in first approximately 2050/20500=10% of the time or $100 . Which means , even if we exclude your prize for coming in 2nd , 3rd , there is still overlay to this proposition .
Reply With Quote
  #3  
Old 09-29-2007, 08:54 AM
SunOfBeach SunOfBeach is offline
Senior Member
 
Join Date: Jan 2005
Location: Minimax Consulting
Posts: 466
Default Re: Do i have +EV

This isn't even close.... it's *HUGELY* +EV for you.
Reply With Quote
  #4  
Old 09-29-2007, 02:02 PM
GSykes GSykes is offline
Senior Member
 
Join Date: Mar 2007
Location: Blogging
Posts: 3,049
Default Re: Do i have +EV

OH BEE VEE NEGATIVE EEE VEE
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 02:20 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.