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Understanding chipEV Understanding chipEV

04-05-2024 , 12:36 AM
Hi,

I've seen a few people refer to chipEV as a relevant metric to look at for spin'n gos.

For example on this graph: https://imgur.com/643fmOj

I understand chipEV is the total amount of chips you won, adjusted by the % chance you have to win the pot when going all in with cards to come.

However, how do you normalize that into something that makes sense no matter what the amount of chips on the table is ? (Ex, if playing different sites or different multipliers)

For example on wpt global, 2x multiplier you start with 400 chips, and 600chips In case of a 5x.
I'm assuming different sites have different number of chips too.

So how can you compare chipEV/tourney across different game type ?

I feel like I'm missing something.

Cheers.
Understanding chipEV Quote
04-05-2024 , 06:43 AM
Stars and winamax fe have the same ammount of chips you start with doesn't matter what the multi is. Only difference is reg of flash games. GG has the different chips with different multis but the games play like 90% with the lowest chip ammount so the avg is just a bit more than fixed chips.

Quote:
adjusted by the % chance you have to win the pot when going all in with cards to come.
Not compelety accurate it also counts the pots you win without being ai. Cev is a measurement of how many chips you win in a Spin & Go on average
Understanding chipEV Quote
04-05-2024 , 08:14 AM
Ok I see, so for example Winamax has a starting stack of 500.

So if you win 40/100 tournaments your average chipEV should be
CEV=(40*1000-60*500)/100 = 100?

Ignoring the all in pots.

And can that be translated into an expected ROI, if we assume equal distribution of the multipliers ?
Understanding chipEV Quote
04-05-2024 , 09:27 AM
https://www.steel-phoenix.org/app/calc/

You can use that to take a look at the expected rois with different cevs. Don't change anything just pick a stake and site and add games + cev. And yeah on avg how many chips you win so in that case 100.
Understanding chipEV Quote
04-07-2024 , 08:45 AM
Quote:
Originally Posted by Nemodus
Ok I see, so for example Winamax has a starting stack of 500.

So if you win 40/100 tournaments your average chipEV should be
CEV=(40*1000-60*500)/100 = 100?

Ignoring the all in pots.

And can that be translated into an expected ROI, if we assume equal distribution of the multipliers ?
Wins has nothing to do with CEV.

Let’s say in those 40 wins you go all-in on the first hand with A3 and come up against KQs. You may have won 40,000 chips but your expected win (ev) would be 55% of that, so like 22,000 chips. But that doesn’t take into account the times you lose, either by getting it in bad or getting bad beat…

CEV is just the number of chips you were expected to win based on your play, divided then by the number of games played.

So my EV for the year is 88,600 and I’ve played 1100 games so my CEV would be 88,600 / 1100 = 80.5
Understanding chipEV Quote
04-07-2024 , 09:39 AM
Yeah i get that, which is why i said "Ignoring the all in pots".
It was just an illustrative example.

So the metric kind of corrects for the variance in all-in pots with cards to come.

@ImePaskaa, i didnt understand that steel Phoenix calculator.

Do you mind sending a screenshot of an example ?

Thx!
Understanding chipEV Quote
04-08-2024 , 04:22 PM
Quote:
Originally Posted by Nemodus
@ImePaskaa, i didnt understand that steel Phoenix calculator.

Do you mind sending a screenshot of an example ?

Thx!
Sure



Like in this example you have 1k games at 1$ games with 100 cev and the results are below. They are not obv 100% accurate but can give you some idea about roi and profits. The stakes are at stars here and you can choose from pretty much any site offering them.
Understanding chipEV Quote

      
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