Opinions please

[Wardonkey]

There's no mathematical point at which 'there's no value'.

The laws of probabiliity have no memory.

[tikay]

There's no mathematical point at which 'there's no value'.

The laws of probabiliity have no memory.

So you agree with me?

[RED-DOG]

There's no mathematical point at which 'there's no value'.

The laws of probabiliity have no memory.

Give that man a see-gar!!!!!!

[totalise]

I struggled tgo get my head round this. Why risk, theoretically, let us say £8,000 to get in a Tourney with a theoretical seat value of, say, £1,500?

he isn't, he is risking £300. Naturally if Red knows he is going to lose £8,000 to try and win £1,500 then it isn't worth entering.

Think of it another way:

On the 4th of October there is a £1500 buyin 100 person MTT.

On the 11th October there is a £1500 buyin 100 person MTT.

The players are the same

Red spends £3k to try and enter the one on the 4th. He fails . You are saying that its not worth trying to spend anotner £300 to satellite into the one on the 4th, and instead wait for a different tourney. The one on the 11th. They are exactly the same, the £300 (or whatever figure it is) is the same. Why is one "value" and the other isn't??

[tikay]

I struggled tgo get my head round this. Why risk, theoretically, let us say £8,000 to get in a Tourney with a theoretical seat value of, say, £1,500?

he isn't, he is risking £300. Naturally if Red knows he is going to lose £8,000 to try and win £1,500 then it isn't worth entering.

Think of it another way:

On the 4th of October there is a £1500 buyin 100 person MTT.

On the 11th October there is a £1500 buyin 100 person MTT.

The players are the same

Red spends £3k to try and enter the one on the 4th. He fails . You are saying that its not worth trying to spend anotner £300 to satellite into the one on the 4th, and instead wait for a different tourney. The one on the 11th. They are exactly the same, the £300 (or whatever figure it is) is the same. Why is one "value" and the other isn't??

Steady on - you'll have Red thinking he's right.

[RED-DOG]

I struggled tgo get my head round this. Why risk, theoretically, let us say £8,000 to get in a Tourney with a theoretical seat value of, say, £1,500?

he isn't, he is risking £300. Naturally if Red knows he is going to lose £8,000 to try and win £1,500 then it isn't worth entering.

Think of it another way:

On the 4th of October there is a £1500 buyin 100 person MTT.

On the 11th October there is a £1500 buyin 100 person MTT.

The players are the same

Red spends £3k to try and enter the one on the 4th. He fails . You are saying that its not worth trying to spend anotner £300 to satellite into the one on the 4th, and instead wait for a different tourney. The one on the 11th. They are exactly the same, the £300 (or whatever figure it is) is the same. Why is one "value" and the other isn't??

Steady on - you'll have Red thinking he's right.

I have already tried this argument   

[totalise]

I dont know how you can try and make it clearer if thats the case!

[The Baron]

Just to throw a spanner in the works, what about the player's utility (happiness)?

It wont decrease the value of each £300 satellite directly, but a decreasing or negative utility (say after spending over £1500) could bring about bad play thereby indirectly decreasing the value of the satellite as the player has less of a chance to win. As someone said earlier, some value is in how far the player is capable of going in the event.

Also from a social standpoint... money spent on poker without enjoyment isn't necessarily good value to everyone. A point Flushy made a while back on another thread.

[RED-DOG]

Sigh.......       

[The Baron]

I accept your point is mathmatically correct RED. No dispute here... I'm just saying some people want more from there £300 than a seat. If they're not enjoying it anymore and they're playing badly what is the point?

However you are correct, the £300 still has the same value.

[thetank]

Why don't you just win one and save all the hassle. Get the RED head on. 

[Newmanseye]

RED did you ever win a seat?

[thetank]

Like ever ever, or since yesterday ever?

[Newmanseye]

Like ever ever, or since yesterday ever?

I'll leave that for Red to decide

[Wardonkey]

Win a seat.

Knock Tikay out on the bubble.

Take down the comp.

Ask Tikay to define the moment at which you lost the value.