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Old 08-01-2006, 02:19 PM
A_PLUS A_PLUS is offline
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Default Two examples of drastically changing chip values

I am generally in the corner of: The best way to play a hand, is to maximize the expected value of your chips (like in a cash game).

But I do recognize situations where making a -CEV (Tournament Chip EV) play also maximizes your $EV (dollar EV).
For me, It is only at extremes stack sizes that they come into play.

Also, it should be pointed out, that assuming CEV = $EV is never a HUGE mistake. Assuming that they are not equal can be, especially if it causes you to error on the side of caution.

Both (slightly modified) hands are from the party 20K.

Hand #1:
150 players left, avg about 60K or so.
(3K/6K, 100a)

9 handed
UG+1 (52K): opens to 18K (fairly straight forward, maybe on tight side)
Hero (MP): Pushes for 19K with J [img]/images/graemlins/club.gif[/img] 9 [img]/images/graemlins/diamond.gif[/img]


Hand #2:
40 players left, avg around 220-250K.
(10K/20K, 500a)

8 handed
SB (202K): opens to 40K (fairly horrible player, would definitely try to steal by doubling the blind, but may also call a push with hands worse than KTs)
Hero (BB, 460K): Folds K [img]/images/graemlins/spade.gif[/img] T [img]/images/graemlins/spade.gif[/img]


I will give the math and my rational in a while, I wanted to see what you guys thought of them.
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