Quote:
Originally Posted by uberpron
i disagree. the value of running it multiple times is as an escape hatch for worse players. long term, both good and bad players will realize their equity. in the short term, luck as antithesis of skill is going to disproportionately favor bad players, who are either going to be chopping or getting quartered where they would have flat out lost, or winning in unlikely run outs. it's only a positive for the game
Ideas based on probability theory can be very counter-intuitive at times. What is happening when the "escape hatch" occurs is that in a sense the hand wasn't played but is instead eliminated from the game. This won't change a player's expectation (positive or negative) but it does reduce the standard deviation. And when the standard deviation is reduced the balance of luck and skill is affected.
In this example, the losing recreational player who will occasionally win the pot, will often have his win thrown out. And when this happens, his probability of having a winning session has gone down, and from the view of the poker game itself (as well as the expert players) he needs to have these occasional wins to encourage him to come back. And running it more than once works against this.
Mason