Quote:
Originally Posted by ArtyMcFly
In a PKO, the "value" of the bounty is constantly changing, just as the ICM value of your stack is also changing. Early on, bounties are "significant", because you're miles away from locking up a slice of the prize pool. When you're on the FT bubble, however, bounties can be quite insignificant, because you're trying to win the whole thing, not just pick up one bounty. That's what makes the format so complex, and it's not always clear when someone is making a mistake. e.g. It can be very +EV for one player to play for stacks vs Villain #1, but - depending on stack size, ICM factors, and your own bounty value - it might be very minus EV for you to tangle with him.
Generally, bounties are still significant late in PKOs because the bounties are progressive. In non-progressive KOs the bounty becomes meaningless as you get deep, but that's because bounties aren't continuously growing as you get deeper in the tournament.
But the thrust of it is right. If you win $2.50 when you bust someone and the buyin is $10, then a bounty is worth (slightly more than) 1/4 stack. If you're standing to win $10 when you bust them, though, their bounty is then worth a starting stack. You then of course have to compare this with other factors (like ICM).
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Pauly it seems like you just don't get it. Take a structure with 10000 starting stack, a $10 buyin and half the pool going to bounty. This means early game you're risking $10 to win $12.50, meaning you need ~45% equity instead of 50% to stack. But let's say the other player has busted 2 other guys, making his bounty $10. Now you're risking $10 to win $15, and only need 40% to stack. A bit later maybe someone comes in with $20 on their head, and you're risking $10 to win $20 and need 33%. And if you can't see how lowering the equity threshold required like this incentivizes aggression, you should probably just stay out of bounty tournaments. You don't spew too much for the starting bounty, but at times you'll get situations where guys have good size bounties and you just need very little equity to go after them.