Quote:
Originally Posted by AlanBostick
The "you have to post the kill again" argument overlooks the fact that the kill becomes a sunk cost the moment you win when you had a leg up. Posting the kill again doesn't mean losing another two small bets; it just means you are posting the same two bets as before. It's like playing in a game with a rock, i.e. a bundle of chips representing a preflop bet.
Leaving your snark from the other post aside, this is quite wrong.
Consider the following two situations:
1. A kill pot is like a blind. You have to post it, but you don't have to post it again if you win.
2. A kill pot works the way it actually works.
In scenario 1, you will of course not subtract 1BB from your expected value with respect to pot odds calculations and considerations about playing your hand, right? You will do the same calculations you would do with any other blind that you post.
So in scenario 2, the actual situation with kill pots, your expectation is 1BB (or a little less than 1BB if you are going to get to post the kill in good position next hand) less.
And that's because you got the sunk cost fallacy backwards. The kill is, in fact, a sunk cost, which means that when you post it again next hand, it doesn't matter that you posted it before in the last hand.