Date: 09/14/1999
From: Jim Geary
Newsgroups: rec.gambling.poker
Subject: Re: Tourney win and a deal question
On Tue, 14 Sep 1999, Ploink wrote: > Heads up with Wally and I. Blinds are one stack, two stack > (T10000-T20000). Wally is the BB and has T20400. I have the rest of > the chips, around T80000. First is $1400, second is $920. Wally > offers to take $1000 for second and I quickly agree. My thinking is > this: I am going to be forced to call him blind, figuring random hand > vs random hand. However, if Wally manages to scoop the pot, we are now > at T60000 (me) and T40000 (him) and the deal will probably go to > $1200-$1120 and I would accept at that point. With the blinds a virtual > crap shoot, giving up $80 didn't seem to be much of a decision for me. > Comments here are GREATLY appreciated. Heads up, EV is a linear function of stack difference, all other things being equal. So if you have 80/100.4 of the chips, your fair share is (80/100.4)*(1400-920) + 920 = 1302.47, so you gave up $2.47, well within standard error. One thing you might've negotiated in there was the old "well, it's your BB, so the stacks are actually 70:0.4," but it is unlikely he would've taken only $922.72, so this may not have been the best time to trot out this motif, tho there is certainly reason to consider downgrading his EV miscroscopically. All in all, a reasonable deal.
Last Modified 2/9/00