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Author Topic: ISPT Direct Day 2.  (Read 7361 times)
DMorgan
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« Reply #30 on: May 31, 2013, 08:17:29 PM »

Hehe make mine 2 then
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youthnkzR
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« Reply #31 on: May 31, 2013, 08:18:20 PM »

Cheers all booked! Smiley
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aaron1867
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« Reply #32 on: May 31, 2013, 10:00:08 PM »

Glad you sorted this mate, but if you are stuck to work out MU ask people like Alex!

Would have took some, but done my nuts in elsewhere, best of luck tomorrow!!!!
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cambridgealex
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« Reply #33 on: May 31, 2013, 10:06:19 PM »

Cheers friend!
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youthnkzR
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« Reply #34 on: May 31, 2013, 10:24:56 PM »

Cheers mate Smiley
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stato_1
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« Reply #35 on: May 31, 2013, 11:14:29 PM »

FKN terrible handling. Absolute disgrace. Get out.

Will still take 5%. stars ok?
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cambridgealex
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« Reply #36 on: May 31, 2013, 11:24:56 PM »

One little point about that method is that technically the coefficient should be multiplied by 2700 not 3000 as the reg fee shouldn't be included in this bit.

So it's ((1.55* 2700)+300)*1.2 = 5382 so 1% = 53.82euros, but as it's just an estimate and there's only pennies in it obv doesn't matter.

Just posted for completeness sake before some smart alec tells me I did it wrong!
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youthnkzR
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« Reply #37 on: May 31, 2013, 11:34:54 PM »

FKN terrible handling. Absolute disgrace. Get out.

Will still take 5%. stars ok?

Haha booked and yeah mate stars fine.
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Doobs
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« Reply #38 on: June 01, 2013, 12:17:39 AM »

hmm not really, if you double up you're EV doesn't double. A rule of thumb I made up but won't be far off is say X = starting stack - to square root the coeffecient of X. So if you have 100k, you have 2X. sq route of 2 = ~1.4, so you're EV is 1.4x what it was with starting stack.

So 1.4 * 3000 * 1.2markup = 5040euro, so 1% = 50.4 euros.

Works the same way but the other way around if you start with half starting stack like me. My EV won't be 0.5 x 3k, itll be roughly 0.7 x 3k (sq rt 0.5 = ~0.7).

Hope that helps. Would be interested in buying a piece at that rate.



This doesn't look like real maths to me. 

I don't feel like a mug when I take a rebuy in a tournament, yet your gut method suggests I am a fairly big mug for doing so.

ICM tends to devalue bigger stacks late on, but not nearly by the amounts suggested here.  I always figure that earlier on you benefit from having the biggest hammer at the table.  I am certainly a lot more comfortable with double the average than I am with the average, and I was under the impression that mid stacks were the guys you picked on when you had your big hammer.

If you had said that ICM suggests that big stacks aren't worth as much as the simple chip adjustment and docked 10% or so, I'd think that wasn't too severe, and may even be fair.  But by ignoring the more simple chip adjustment, and taking what looks very much like an arbitrary adjustment, there seems a danger that you have just constructed an argument that favours yoursrlf unfairly.

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BorntoBubble
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« Reply #39 on: June 01, 2013, 01:07:58 AM »

Will still take 2% Tom let me know how much I owe will ship at some point I suppose!
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« Reply #40 on: June 01, 2013, 01:11:21 AM »

hmm not really, if you double up you're EV doesn't double. A rule of thumb I made up but won't be far off is say X = starting stack - to square root the coeffecient of X. So if you have 100k, you have 2X. sq route of 2 = ~1.4, so you're EV is 1.4x what it was with starting stack.

So 1.4 * 3000 * 1.2markup = 5040euro, so 1% = 50.4 euros.

Works the same way but the other way around if you start with half starting stack like me. My EV won't be 0.5 x 3k, itll be roughly 0.7 x 3k (sq rt 0.5 = ~0.7).

Hope that helps. Would be interested in buying a piece at that rate.



This doesn't look like real maths to me.  

I don't feel like a mug when I take a rebuy in a tournament, yet your gut method suggests I am a fairly big mug for doing so.

ICM tends to devalue bigger stacks late on, but not nearly by the amounts suggested here.  I always figure that earlier on you benefit from having the biggest hammer at the table.  I am certainly a lot more comfortable with double the average than I am with the average, and I was under the impression that mid stacks were the guys you picked on when you had your big hammer.

If you had said that ICM suggests that big stacks aren't worth as much as the simple chip adjustment and docked 10% or so, I'd think that wasn't too severe, and may even be fair.  But by ignoring the more simple chip adjustment, and taking what looks very much like an arbitrary adjustment, there seems a danger that you have just constructed an argument that favours yoursrlf unfairly.



Like I said, I can't prove it, but it seems pretty close.

If you buy in to Wembley for 3k with 50k chips, and I have 100k chips already, my EV will be nowhere near twice yours. Ignoring skill and reg fee, it will be between 4 and 5k don't you think?
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rfgqqabc
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« Reply #41 on: June 01, 2013, 05:51:06 AM »

hmm not really, if you double up you're EV doesn't double. A rule of thumb I made up but won't be far off is say X = starting stack - to square root the coeffecient of X. So if you have 100k, you have 2X. sq route of 2 = ~1.4, so you're EV is 1.4x what it was with starting stack.

So 1.4 * 3000 * 1.2markup = 5040euro, so 1% = 50.4 euros.

Works the same way but the other way around if you start with half starting stack like me. My EV won't be 0.5 x 3k, itll be roughly 0.7 x 3k (sq rt 0.5 = ~0.7).

Hope that helps. Would be interested in buying a piece at that rate.



This doesn't look like real maths to me.  

I don't feel like a mug when I take a rebuy in a tournament, yet your gut method suggests I am a fairly big mug for doing so.

ICM tends to devalue bigger stacks late on, but not nearly by the amounts suggested here.  I always figure that earlier on you benefit from having the biggest hammer at the table.  I am certainly a lot more comfortable with double the average than I am with the average, and I was under the impression that mid stacks were the guys you picked on when you had your big hammer.

If you had said that ICM suggests that big stacks aren't worth as much as the simple chip adjustment and docked 10% or so, I'd think that wasn't too severe, and may even be fair.  But by ignoring the more simple chip adjustment, and taking what looks very much like an arbitrary adjustment, there seems a danger that you have just constructed an argument that favours yoursrlf unfairly.



Like I said, I can't prove it, but it seems pretty close.

If you buy in to Wembley for 3k with 50k chips, and I have 100k chips already, my EV will be nowhere near twice yours. Ignoring skill and reg fee, it will be between 4 and 5k don't you think?
fwiw I gave Tom an idea with his original calcs.

I thought ~5,7k for 100k but included some skill edge. And paid to back it up.
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DMorgan
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« Reply #42 on: June 01, 2013, 01:48:21 PM »

Shipped on stars for 2%, glgl
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youthnkzR
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« Reply #43 on: June 01, 2013, 04:55:47 PM »

Ty mate.

160k at 2nd break table is good.
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youthnkzR
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« Reply #44 on: June 01, 2013, 07:13:16 PM »

210k at dinner break. Table it tougher with Ben jones and Matt perrins sat.
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