Quote:
Originally Posted by cristi13
It's actually the other way. -$24 ev means i ran above ev $24. But i didn't get in the money so i don't really see how winning $0 in a $11 buy-in is $24 above EV. I thought in the worst case when you lose you're $0 ev. The program might be right, but isn't it irrelevant to calculate the luck in this case?
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The EV calculation is based on ICM for each hand. The resulting EV for the tourney is based on how much you cash for plus the luck results for each hand.
If you get your money in bad multiple times and suck out, you will run above EV by a considerable margin. If you do this and don't cash, the suckouts don't just get ignored. It can go the other way too and you can have a luck-adjusted result much higher than 1st place money.
If you think of it as a sum of each hand it will make more sense.