Hey juk and all,
I just read the whole thread... Took me quite some time
At one point someone wrote:
That seems insane. Juk can correct me if I'm wrong, but I believe that hypothetically you could play one $60 SNG and have the program show a -$1000 EV result. I have no idea what normal variance is for luck in these things.
To which juk answered:
Quote:
Yes, I think alot of people wonder how this can be possible, but it' very possible to lose more EV than the SNG buyin itself. For example: if you keep building your stack up without all-ins/showdowns, but then constantly get sucked out on when all-in.
I've got absolutely zero problem with losing more than the SNG
buyin itself...
However, I'm a bit confuzzabled: is it's possible to lose more in $EV than:
(first price - buy-in)?
Maybe the following scenario could help you explain me what I'm getting wrong...
Scenario: heads-up Sng, no buy-in, no entry fee (yup, it's simplified). Payout: $20 to the winner (example is oversimplified on purpose so that computations for the sake of this example stay simple).
Total chips: 3000
Hero chips: 2250
Villain chips: 750
Then comes a deal with an all-in: hero's AKo all-in vs villain AQo: 74% vs 26% (crude approx for the sake of this post, and we ignore ties).
Case 1: hero wins and hence wins $20. So hero "really" won $20*0.74 + $20*0.26*0.5, which gives $17.4 right!? (74% of the time hero win $20, 26% of the time he'll be at the same number of chips as villain, so we consider hero is entitled to 50% of those 26%) [anyone can correct me here if my math is off, I'm sleepy and it's very late, this thread was lloonng
]
Case 2: villain sucks out and wins the AKo vs AQo with his AQo, both hero and villain now have 1500 chips.
Then right after AKo vs AQo, next deal is all-in again this time JJ for hero vs villain's TT (JJ is 82% favorite vs TT, and we ignore ties again).
How bad should a SnG analyzer consider we're running if we now lose this JJ vs TT and lose the game?
Is a SnG luck analyzer saying: "we ran bad by $17.4 plus we ran bad by $16.4 ($20*0.82), meaning overall we ran bad by $33.8 in a SnG where the first place prize is $20" (which indeed would be kinda mindboggling).
Or is it saying about $16.932:
$20*0.74 + $20*0.26*0.5*0.82 which gives $16.932 ?
Or ?
Thanks in advance for any info,
TacticalCoder