Quote:
Originally Posted by oldgoat
something like $95 for a $50 tourney
Quote:
Originally Posted by 3for3poker
$95 is the number of one my gurus suggested as well.
And assuming that calculation is correct, you would need 52.63% equity to break even on a call.
So, slightly more than breakeven by chip EV, but not so much so you should be making major adjustments.
And that, of course, is on a call you'd normally need 50% to break even, which is never actually the case because of the pot odds. If I did the calculation correctly, for example, if you're getting 2:1 on your call then you would need 35.71% instead of 33 1/3% equity to break even.
This also presumes you're risking your entire stack, so the calculation changes a bit if you're not; there is still an ICM effect, but less so. (Practically speaking, since your last chips are your most valuable ones, you really don't have to worry about ICM much outside of the bubble and final two tables if you're not putting your own stack at risk.)