Quote:
Originally Posted by stinkypete
You guys are all bad at math. If the schedule is similar to last year and he wins two bracelets before the $50k, it'll cost her at least ~$200k to buy out. That's assuming she can find enough action at close to fair odds. So if he wins a bracelet early, she might have to start hedging after the first bracelet if she wants to limit her loss to <$100k.
I ran a quick simulation using last years # of entrants. If he plays the 30 smallest field donkaments he needs to be slightly more than twice as likely as the average player to win each tournament for 200:1 to be a zero EV bet. Assuming he's a world class player (?) in all/most of the events, I like his side of the bet knowing that he can throw ICM stuff out the window.
I did the math and it really surprised me, Vanessa is in more trouble than I thought (and probably than she thinks)
I dont think you can play 30 events on series, but lets suppose he can play 30 and that he will play only the 30 smallest fields
422
308
109
143
128
474
319
157
219
91
77
111
84
327
117
135
175
108
204
454
387
357
380
462
639
660
319
493
480
388
(i think its correct, did it manually based on wikipedia
https://en.wikipedia.org/wiki/2015_W...eries_of_Poker)
The average player that plays all these events has 85,606% chance of not winning a bracelet
Winning exactly 1 bracelet is 13,354%
winning 0 = 85,606%
winning 1 = 13,354%
So you have 1,040% of at least 2 bracelets!
So 1,040% of Vanessa have a sweat! lol
At least 3 bracelets is 1,040% - odds of exactly 2 bracelets
Odds of exactly 2 bracelets is = 0,4696%
So at least 3 bracelets = 0,5704%
Odds to be 0 EV = 175 to 1
Something is wrong with my math?