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Cashout Tourns.. Lets get down to it..

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  1. nala314 nala314 is offline

    Royersford, PA
    United States

    Posts: 239
    Joined: Feb 06

    Oct 17th, 2009 (10/17/2009 4:17am)

    Lets discuss the pros and cons of a cashout tournament..

    $20 CashOut - Turbo - D stack

    You are down to 40...
    36 get paid.. 36th is $17.50

    You have only 3 BB's left - 9k / $30 for a cashout

    Partial cashout?

    Play and get called by multiple big stacks?

    Or a Full cashout?

    Many more situations and ideas... just want to see where you guys go with it?

    Ok.. how about early cashouts.........

    $100 + 9

    You tripple up at 10/20

    CASHOUT your buyin knowing you should be able to build your stack again at the same blind level?

    Or..

    PLAY?

    Cashout Some?

    Wait....

    Forgot about how important the final 18 are since 9th is the cashout prize pool cut off..

    Made my first mistake in the $5 Cashout.. less then 18 left and i go from a 400 + k to about 200k.. Instead of about a $350 plus cashout value entering the FT..
    I enter the final table for only a $180 in cashout value (not counting my other $20 cashout before the final) ... I did turn it around with a 1st place finish for a total of 1,200 : )

    Really a lot to think about...
     
  2. darkhawk-200 darkhawk-200 is offline

    United States

    Posts: 1,126
    Joined: Feb 09

    Oct 17th, 2009 (10/17/2009 4:55am) in reply to nala314

    uhh never cash out. It's -ev.

    <input id="gwProxy" type="hidden"><input onclick="jsCall();" id="jsProxy" type="hidden">
     1
  3. nala314 nala314 is offline

    Royersford, PA
    United States

    Posts: 239
    Joined: Feb 06

    Oct 17th, 2009 (10/17/2009 5:01am) in reply to darkhawk-200

    Was that post worth all the effort? (This was really not)
     
    Thread Starter
  4. The_matrix The_matrix is offline

    Orange, CT
    United States

    Posts: 1,221
    Joined: Mar 07

    Oct 17th, 2009 (10/17/2009 5:17am) in reply to darkhawk-200

     
    Originally Posted by darkhawk-200 View Post

    uhh never cash out. It's -ev.

    <input id="gwProxy" type="hidden"><input onclick="jsCall();" id="jsProxy" type="hidden">

    wait if you never cash out don't u lose 50% equity?
  5. JoGentleman JoGentleman is offline

    Posts: 89
    Joined: Aug 09

    Oct 17th, 2009 (10/17/2009 6:20am) in reply to The_matrix

    In example one i think you should give up on the tournament and make a full cash-out.. This will be more +EV then trying to recoup w/3BBs and ANTE's in te game.
     
  6. JoGentleman JoGentleman is offline

    Posts: 89
    Joined: Aug 09

    Oct 17th, 2009 (10/17/2009 6:56am) in reply to JoGentleman

    A post i just made on CR

    <span><span id="body1">The good thing about cash-out tournaments are:
    - fish play bigger, thinking they can cash out.
    - people play scared money because when the blinds ar for example 1.5K/3K w/?? Ante's.. Then you are basically playing a $5/$10 game (T$ 3K = $10). So loosing an AI at that point, is risking direct money....

    With these two factors you can put so much pressure on the people. What do you care about your buy-in when the first price is so much bigger? play for first and it will pay off in the long run.

    Why does everybody advice in a rebuy/add-on tournament never to skip on the most chips potentially possible? Because it is more +EV. Cashing out your chips will not be +EV/loose you money instead of getting back.

    The only way I can see a cash-out to be +EV is on a bubble situation, where your stack is ~$7K and the blinds are 1K/2K and you are never going to get deep anymore unless you get a hot run. You then better cash-out your full stack and quit the tournament. You redeem your buy-in and play again tomorrow.

    GL</span> </span>
     
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