Quote:
Originally Posted by repulse
A common heuristic is to pretend that any given bankroll size enables a range of "playable" stakes. That's not the whole story because of the above. Turning off RIT doesn't only affect the narrow band of players whose bankroll, for example, just barely would allow them to play 5/10. It also reduces the expected utility (or expected after-tax income) of even the 5/10 players with big bankrolls.
To put it another way, if you could choose between a game with an hourly EV of $50 and hourly SD of $3000 and a game with an hourly EV of $50 and an hourly SD of $2700, independent of metagame decisions (speeding the game up, altering the strategy of opponents, making people happy), the rational risk-averse OR risk-neutral player would always choose the second game -- regardless of his or her bankroll. The player on the thinner roll benefits even more from the difference between the two games, but all players benefit.
To put it another way, every player's risk of ruin is strictly higher when RIT is off. Even an adequately-bankrolled player has a nonzero risk of ruin.
All players don't benefit from RIT- not even close.
Most players tilt and/or are underolled.
My ev is way higher vs tilting stuck underolled,players than it is against those same players when they aren't tilting stuck and underrolled.
I'm doing them a huge favor by letting them run it twice.
I've played huge pots vs players begging like dogs to run it twice. Even when they win their head is messed up.when they lose a few in a row they're done mentally.
Most players are also worse with deeper stacks.running it twice is doing them a huge favor.
Your example would be correct if playing robots or playing against people who handle big swings well.most don't.
People on this site tend to just focus on the math part of poker and not the mental part which is a huge mistake especially live.if running it twice is actually smart for someone then they should run it twice. But they should also strongly work on how they mentally and emotionally handle things at the poker table.
An adequately rolled good player is not going bust.
The every pro goes broke old school nonsense we hear about is garbage.
Those people were never adequately rolled and often degenerate gamblers who happened to be good at poker.
Now with that said what many pros think is an adequate roll is basically a joke and when they break even for a few months they can't pay their bills so of course they should run it twice.
Last edited by borg23; 01-17-2017 at 01:06 PM.