Check out our brand new Local Poker Communities! Get updates and interact with poker players in your area.
Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local
  1. Ok, so this hand from a 36 man FPP satellite to sunday million on stars got me thinking... I mean i have 6800 chips and 3 people move allin ahead of me at 100/200 level and its gonna cost me about 2500 more to call to win a total of 10,000 chips, so basically i need to have 25% equity in the hand to make this call correct. Ok, so...lol...i dont know what i was really thinking here...so my call was definitely - Chip EV , as it turns out i only had like 10% equity in the hand...

    But, if i win i have like 14,000 chips and a much larger chance to win the tourney, which is all that really matters considering this is a winner take all satellite....Well, i went on to win the satellite after this, and....

    Well, i dont want to really talk about the hand in specific (or about my play), but more about whether it is possible for a call in a tournament like this to be - Chip EV, but +$ev... It is definitely possible for a move in a tournament to be + Chip ev, but -$ev (bubble in a sitngo with stacks of like 8000, 200, 200, and you have 2300 and big stack sets you allin and you have QQ in the BB would demonstrate this). I was just wondering, if anyone had any examples where the opposite would apply, for a move in a MTT to be -Chip EV, but + $ev. I mean doesnt my idea seem to make no sense? Am i crazy here? Someone smart help me figure this out please..........

    Maybe im just blinded by my how my donkeyness was obviously rewarded by pokerstars? PLEASEEEEEE HELPPPPP, this is driving me craazzzzzzzzzyyyyyyyy

    PokerStars Game #4986768502: Tournament #25020554, 375FPP Hold'em No Limit - Level VI (100/200) - 2006/05/19 - 17:47:20 (ET)
    Table '25020554 1' 9-max Seat #4 is the button
    Seat 1: RipperinMd (2880 in chips)
    Seat 2: mm713666 (2085 in chips)
    Seat 3: Miska (1805 in chips)
    Seat 4: jwwj44 (2014 in chips)
    Seat 5: sasso293 (1140 in chips)
    Seat 6: eritas2 (6805 in chips)
    Seat 7: darrellbirch (2345 in chips)
    Seat 8: aceben3 (1672 in chips)
    Seat 9: CanYouPlay53 (2424 in chips)
    sasso293: posts small blind 100
    eritas2: posts big blind 200
    *** HOLE CARDS ***
    Dealt to eritas2 [8d 4s]
    darrellbirch: raises 2145 to 2345 and is all-in
    aceben3: folds
    CanYouPlay53: raises 79 to 2424 and is all-in
    RipperinMd: calls 2424
    mm713666: folds
    Miska: folds
    jwwj44: folds
    sasso293: folds
    eritas2: calls 2224
    *** FLOP *** [3c Qd 7h]
    eritas2: bets 600
    RipperinMd: calls 456 and is all-in
    *** TURN *** [3c Qd 7h] [4c]
    *** RIVER *** [3c Qd 7h 4c] [8h]
    *** SHOW DOWN ***
    eritas2: shows [8d 4s] (two pair, Eights and Fours)
    RipperinMd: shows [Jd Jh] (a pair of Jacks)
    eritas2 collected 912 from side pot-2
    CanYouPlay53: shows [Ts Ah] (high card Ace)
    eritas2 collected 237 from side pot-1
    darrellbirch: shows [5d 5h] (a pair of Fives)
    eritas2 collected 9480 from main pot
  2. thats sick...why did you call there again???
     
  3. asdfljasldfk sadlfkj sadfasdf, asldfj kalsdkj flka jsldfkjalsdkjf alsdkfj lsadkfj l

    I KNOW IT WAS A BAD CALL, it was a 375 FPP TOURNEY AND I DIDNT CARE THAT MUCH

    Im just more interested in whether its possible for something to be -Chip EV, and +$ev? Anyone?
    Thread Starter
  4. possible yes.
    google 'the gigabet dillema'
  5. interesting, thanx for the tip
    Thread Starter
  6. yeah gigabet dilemma is the best thing on poker ever, imo. read all the posts dozens of times, even the hand history. it'll help you out tremendously.
  7. It's certainly possible. The easiest, simplest example is folding AA on the bubble of a sat.
     
  8. Eritas , hopefully I can help you here .

    When a player with a much larger stack puts you all in and he has a slight edge lets say , then this play is obviously positive chip EV but can be negative real EV . This also means that the player with the small stack gains some real EV but loses out on chip EV .

    Example .

    Suppose there are three players remaining and the big stack has 6 k , the second largest stack has 2 k and the third player has 1 k .

    For simplicity , lets say players 1 and 3's hands are flipped over so you know the exact percentages . Player 3 shows you ace king suited while player 1 shows you pocket 4's . Pocket 4's wins 51 % and ties 0.5 % .

    Lets look at what the ICM calculator shows us .

    If player 1 calls and wins , he now has 7 k with real EV at 0.4556

    If player 1 calls and loses, he now has 5k with real EV at 0.3984

    If he ties , he remains at 6 k with real EV at 0.4275

    Using ICM , their original respective real EVs are the following :

    Player 1 = 0.4275 Player 2 = 0.2587 player 3 = 0.3139

    Therefore you simply take his equity when he calls and wins ( 0.4556 * 0.51= 0.2323)

    Add his equity to when he calls and loses ( 0.3984 * 0.48.5 = 0.193

    He calls and ties ( 0.4275 * 0.005 = 0.0021 )

    Add up all these totals and you get 0.2323 + 0.193 + 0.0021 = 0.4274 which is just lower than his original real EV of 0.4275 .

    If there are any other problems just let me know .
  9. Jay, but what about something being -Chip EV, but +$ev? This example shows a neutral or slightly +Cev play, and a neutral or very very slightly -ev play. I know for a fact that there are other situations that are much more drastic (+Cev, -$ev) situations. I understand that fact It just got methinking about the inverse of those situations, where if a certain play on a certain hand could technically lose you chips everytime you make it as a direct result of the hand, but what about the "uncalculatable" ev you gain either from a loose table image or from setting up a table dynamic where you can accumulate chips and avoid showdowns.

    I read an earlier suggestion and did some research into some archives on 2+2 on a topic called the Gigabet dilemma, where gigabet talks about how he intentionally takes -Chip ev decisions in order to attempt to set up the "perfect table" dynamic, where it becomes a game of stack sizes and position. He talks about chip stacks as being "blocks" and if you lose a certain hand, but it doesnt affect your stack in terms of "blocks", then those chips are practically meaningless. (sort of why i called with 84, because i didnt feel it would hurt my chances to lose that pot, but winning would definitely significantly help my chances) It was a very interesting read, I also came upon an old interview with sheets talking about sng strategy, and how oftentimes decisions end up being made just based on how much leverage you have, especially in turbo/sng situations.

    Anyways, im still kind of lost here. Im just trying to improve my game and such, as i understand how to play a TAG style and win some MTTs etc., but now im trying to take my game to the next level.

    Sigh...perhaps i should just post this ? on 2+2 to get more feedback, but id rather not, since they flip out and are hostile anytime a newcomer posts anything on their hallowed message boards, or god forbid is trying to improve their game and learn. PocketFives---way more friendly obvvvvvvvvvv
    Thread Starter
  10. yea, i get that, good point...i guess im just trying to tihnk about mroe abstract situations, where the inherent advantage might not be so clear...
    Thread Starter
  11. In the example I showed , player 3 gains real EV on the hand but loses out on chip EV . If you take the exact example I provided and work out the numbers for player 3's equity , you'll see an improvement .

    Also , there will never be a drastic difference between real EV and chip EV . In most situations , if its positive chip EV , it is also positive real EV . However this isn't necessarily true when you have a larger stack with a slight edge against a much smaller stack . In other words , ICM tells us that the smaller stack gains more than the larger stack if the situation is break even .
  12. The answer is simply yes. A situation can easily be -cEV and +rEV. IF you're big stacked and the short stack goes allin at a FT, if you out stack him sufficiently the call is correct with basically any 2 cards because of the implications of busting him. Seriously top heavy payout structures will also lead to situations where you need to double up to be a contender for those top spots. These are places where -cEV can result in +rEV. As Jay Shark said though, if you just avoid -cEV situations, in general you're going to be just fine.
  13. if any move is +cEV and -$EV, than the opposite move would be -cEV and +$EV, relatively speaking...
     
  14. ahhhh, that makes sense....(duh *slaps self in the head*), i guess what im really concerned with learning about is less obvious situations, i understand the conceptual differences between Cev and $ev, and i understnad that in 99% of situations, +Cev situations are ones that ought to be taken as they are as a rule +$ev for the most part. I was just interested in learnign about more abstract situations where a -Cev, +$ev situation might not be as obvious. (A suggestion to read about the gigabet dilemma has only served to spark my interest in more adequately equipping myself with more tools in tournament play, now that i have the basics down). Basically, im just trying to be able to assess a mathematical number/equation to the metagame/positional ($ev) advantages that taking certian -Cev situations can bring. so many variables though... aksdfhlsakdf jalskfd jaldsfkj
    Thread Starter

Similar Threads