Quote:
Originally Posted by niceguysFT
i believe when 5 people are dealt cards that 1 person will be dealt a top 10% 37% of the time. i arrived at this through a simulation.
if we use the assumption that anyone with a top 10% hand would have opened, and yet everyone folded and hero(sb) does not have a top 10%, then we can assign bb a top 10% 37% of the time. this is the assumption i used for my ICM calculation.
an equity sim of hero's hand vs the top 10% shows the top 10% scoops 59% and hero scoops 24% and they split 17%, so
63% hero wins blinds & antes
21.8% hero gets scooped
8.8% hero scoops
6.3% hero/bb split
So using this as a starting point:
22% hero goes from basically co-CL to barely third, battling to be ITM.
9% hero takes a commanding CL.
69% small increase in chips.
Is this significantly +EV for hero? I'm not so sure.
From villain's point of view:
22% goes from 3rd to CL.
9% bubbles.
69% small increase
Is this signficantly -EV for villain? I'm not so sure.
Look at it this way: if villain becomes CL, shouldn't everyone fold to his perpeutal shoves under the same principle? if so, becoming CL more than twice as often than bubbling could be significantly +EV. if not, then hero should not be considered automatically incorrect for calling w/ top 10% hand.
I just think the ICM logic is a bit simplistic at times, and no matter how complex the ICM model/formula is, I doubt it captures all the variables at play, especially considering hero and villain are regs.