Quote:
Originally Posted by vookenmeister
I've been running cold in the high dollar DONs so I decided to review the numbers behind one of my failed $50 DONs.
In it I actually folded AQ shortly before the four hands you so below. I folded AQ because there were several shorties and the big stack was calling off
or shoving against any raise. it was a standard fold for many of you that read this thread...
In the four hands below, I actually sit on the rail semi-safe in chips while i watch all four shorties win an all in against the big stack.
I ended up losing later when i ran my A10 into AK (of course, standard shove though with monster blinds).
What ate me up is that it showed my EV from the tourney to be lower than I expected because it mostly captured the one hand where i ran A10 into AK but
didn't give any credit for those four times when the tourney almost ended and I would've won $100.
THis thread is so long. I read thru it years ago and don't recall seeing a good explanation. If there's one in here please just point me
to it, quickly summarize, tell me I'm an idiot or whatever.
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I've been puzzling over this one, and I read the thread not so long ago, and I'm not sure either.
This is how I *think* you need to interpret the redline ...
1. To get very unlucky, you have to get it all in way ahead and to get very lucky you have to get it all in way behind. Coinflips can't shift the red line much.
2. It only looks at luck on all-ins before the river. The $EV attached to the hand is calculated from the ICM value of the pot multiplied by your chance of winning it. You win, you got lucky (even as a favourite). Getting lucky/unlucky on the bubble and ITM will have a bigger $EV impact than if it were in the first hand or when you called a shortstack push.
It counts these Sklansky-ICM dollars up over the course of a tournament and presents it as a running tally. The number isn't directly comparable to your actual winrate - it's often much more than you could have won/did lose. Hence the potential for the redline to be many buy-ins away from actual - it's multiple-counting a lot of equity in the same tournament.
The theory is that the red-line will always catch up with your actual winnings eventually, and might follow them quite closely. That's because ICM is a decent model of your predicted tournament winnings. The calculations for each individual tournament are just a way of keeping a running tally on luck in terms of EV rather than modelling an actual tournament result.
I do wonder if aggressive STT players are more likely to run some way above their adjusted line, simply because are more likely to be behind when called, but they've accumulated enough chips to recover so the impact on their $EV is more limited (running into those ICM limitations here: the impact of skill plus overvaluing shortstacks).