BBC Z;139614 wroteGenerally Accepted Poker Principles (GAPP) ...
Now, I haven't read Harrington in a few years so if I forgot something, let me know..
:biggrin: I worked for a chartered accounting firm in a previous life and I remember GAAP - Generally Accepted
Accounting Principles.
Since you haven't read Harrington's since 2006, he does advocate adjusting M for a short table in Volume II.
Effective M = (Basic M) * (Players left / 10)
In a five-handed table, your basic M is 10 (Yellow Zone), but your Effective M is only 5 (10 * 5/10) and you are in the Red Zone.
Just like cash game players should be aware of the how much more rake they're paying in a short table, tournament players should also be aware of how much more often they'll have to pay blinds in a short table. In a cash game, you can request a rake reduction or leave, but in a tournament, you can adjust your strategies based on Effective M and Q.
cadillac wroteM's as discussed in HOH lose their relavence in short handed play.
No, Effective M remains one of many important factors in "GAPP" and short-handed play.