Quote:
Originally Posted by yourgfmyrailbird
I am confused on your logic. Your pot share in EV will remain the same. You just segment the pot into several smaller pots to achieve the 'long run' faster. If you get all-in for a $100 pot 10x with 70% equity or $50 pot 20x with 70% equity makes no difference. Your pot share will continue to be $700 on average. all running it twice does is reduce variance. If they charge a fee for running it twice then there would be reason to avoid it.
Theoretically all true. But we don't live in a theoretical world.
Let's say there is $50 in our eco system.
Player Fish has deposited $25 and Player Shark has deposited $25.
Player Fish wins 28% of the pots, and Player Shark wins 68% of the pots. And they split 4% of the pots. Each pot is raked equally.
Each pot they play is for $1, how many pots does it take for Shark to bleed fish dry? How much rake will be paid over time for Shark to bleed Fish dry? This is a simple math equation to find out this number.
But let's split more pots.
Player Fish wins 18% of the pots and Player Shark wins 58% of the pots. And they split 24% of the pots. Each pot is raked equally (and this is the key)
Each pot they play is for $1, how many pots does it take for Shark to bleed fish dry? How much rake will be paid over time for Shark to bleed Fish dry? This is a simple math equation to find out this number. AND you will find because there were more split pots that were also raked equally, more rake was paid. But each of these has eventually the same outcome, Shark wins, Fish loses.
This has long been my argument about "crooked" RNG sites. I don't want to debate this topic here, we have another thread for that, but my point has always been and still is, that a crooked site doesn't want one player to win big and another to lose big. Over time, the winner withdraws and buys other stuff, the loser quits playing.
No, a smart crooked site would have more split pots, thus ensuring more time to rake the money that is on the site. Which is why I have often said, if a site wanted to prove beyond a shadow of a doubt they are legit with their RNG, they would NOT rake split pots. Because the only winner in a split pot is the house.