Quote:
Originally Posted by Al Mirpuri
One point very controversial: He argued that the true M was much greater than the M as Harrington had it simply because time limits meant that you would not get to play the number of hands as Harrington's M suggested.
Huge pushback on this point by Mason Malmuth.
I agree with Snyder.
His formula for deciding on which tournaments were playable was on the money. I think this is where the real value is.
Al Mirpuri
In my
Gambling Theory book I point out, especially late in a tournament, the penalty for a large stack losing a pot is not as great as the penalty for a small stack losing a pot. I'm the first one to point this out and it impacts how you should play your hands. This is essentially the same thing that Snyder was saying.
Specifically on page 221 it says:
Concept No. 17: Late in a tournament, if you are in a good chip position, be willing to make bets with seemingly negative expectations against a short stack.
M is simply the ration of your chips to the cost of playing a round (blinds plus antes). That doesn't change.
Also, when it comes to tournament speed, I think you're confusing McEvoy and Snyder.
MM