This was interesting:

http://forumserver.twoplustwo.com/sh...&postcount=417

I definitely agree with you that its a call here. I don't see how it can ever be a fold TBH. If he has a weak range we will be able to win unimproved more often (both through aggression and showing down). If he has a strong range we can win enough when we do improve to make it worth it.

I just can't think of a reasonable scenario where folding 99 PF to one raise would be a good idea.

Yeah I'm retaking it in a month. I had to take it in Michigan because at the time, there were no test centers in downtown Chicago in the period I wanted to take it. Everything would have been an hour drive away. So instead, I found a place near my parents in Michigan.

MCAT is a weird test, it's massively content based, but it's far from recite this fact or solve this problem. About 1/4 of the test are straightforward science problems, while 3/4 are read this passage and apply what you know to it. There's an absurd amount of topics that are fair game, and that leads to variation because I have my strengths and weaknesses.

A few informal studies have shown that private practice tests (from Kaplan etc) account for 35-40% of variance, while AAMC practice tests account for 75%. I can't take the AAMC tests becauseive taken most of them already.

The other thing I did last year, which was definitely dumb, was basically stopping my prep after I scored what I wanted to 'stay fresh'. I'm going to take a massive amount of tests this year.

Yay results orientated foolishness! Villain has JJ or QQ.

I'm interested to hear all the horror stories about cabs in Vegas. I have only been there twice, so I have taken a grand total of 5-6 cabs, but each one was fine.

Although I guess I wasn't paying a huge amount of attention to the route they took, but they were consistent routes. So I guess I might have gotten scammed 4 times to and from the airport.

I tend to file that stuff under the "things I could worry about, but are -LifeEV to worry about" category though. I just generally don't care if a cab driver takes me the long way for $5.

Plus its probably close to cost neutral to me, because I just won't tip them if they try to scam me.

Yea, it sucks, but that seems to almost always be the best way to prepare for a standardized test. Again, no experience with the MCAT, but it sounds like a really horrible experience, and I'm glad to have "only" had to prepare for the LSAT which in comparison is mostly learnable and entirely predictable.

I got long hauled, noticed it right away. Paid the cab half the fare and told him why. Didn't say a thing.

i also tend to feel some compassion for any whos job sucks enough that its worth scamming people out of $5.

I have never even heard the term before, I'd be pretty furious

Yeah I mean if there is some sort of intrinsic delay between picking up people that really affects your earnings I can see why. That could probably earn you like thousands of dollars a year more.

Also I love engineering tests, they are all pass/fail

I actually find the economics of that interesting. Obviously if there is no down time and they instantly pick up the next passenger, long-hauling is not in their best interests because it affects their tips and reduces the number of times they get the starting fare with no benefit.

Which is obviously why the starting fare exists, to decentivize that kind of behavior. But then it ends up sucking for the passenger if the starting fee is too high because shorter trips will be more expensive.

It seems that raising the starting fee and reducing the $/mile while driving would help and maybe it will encourage people to walk when they are travelling shorter distances which is good for all sorts of reasons.

But I guess that ends up hurting cab drivers because they get fewer fares.

The real interesting part is that if there is some sort of delay what kind of service charge per customer would you need to charge to make up for that average value lost between pickups.

I don't think it would result in fewer charges because cabs are already expensive and their use is quite inelastic. I mean, nobody is ****ing jogging from the airport.

Lol. This actually happened to me in Zurich a few weeks back. I was getting a cab home (which is usually 34-37 swiss francs & i know most common route) but driver goes on random highway and circles around the city and ends up getting the meter up to 60. What ended up happening was he was going through a tunnel and sped up a little to fast - and he got caught by one of the speeding cameras that take a picture of your license plate and mail you a ticket.

I payed the full fare but LOL, A$$hole got what he deserved.

Well but you have to consider all the cabs that people take out of laziness/whatever to get from point A to point B on the strip, if the initial charge rises those people will be less likely to take cabs for those trips.

And it wouldn't affect the airport trip regardless of elasticity. It wouldn't really have an effect on the longer trips, because the lower $/mile would offset the larger initial charge.

anyway, I'm done talking about cabs. Happy to see that someone shares my strange interest in the economics of cab fare structure though

Ha, I geek out on all sorts of stuff. It is one of the reasons I enjoy poker so much.

^

lol. Some people enjoy poker because it gives them a venue to get drunk, talk smack, and gamble with $$$.

Hey guys, I have a bit of a dilemma here, figured i could get some advice.
I am in a backing situation, my backer is a really good guy, he understands the game, variance, etc...
For past several months, I have been playing part time, once or twice a week, ran really bad and played my B game due to that. Right now I am 8 BI in make-up. The problem is that I go to the games right now, with zero motivation, I know even if i make 3 or 4 buy ins during one session, I will still be stuck in make-up. Which results in me trying so hard to win, and that never ends good...what would u do?

Do you owe money for what you lost?

I don't owe the money, he is backing me, meaning that he eats the losses, and once i'm in the black again, we split the profit 50/50...but I won't make any money till i make-up the amount I lost.

I would keep grinding and try to make my backer his money back. I would be constantly studying and trying to improve, to make sure that it was variance and not my mistakes that were costing my backer money. I would daily remind myself that my backer is a really good guy who took a chance on me and I owed him my absolute best effort to get out of make up and make us both some money.

Welching on a backer deal just because you don't want to work to get back to even is pretty scum bag.

If you really hate playing that much just quit, but if you welch I wouldn't expect that guy to view you as a good guy and you might get your ass kicked.

Sounds like the guy backed the wrong horse.

Im drunk browsing but lololololol at no implieds because pfr folds some boards....

I mean really.... cmon man....

^This