I think I made a really good deal -- thoughts?

Hellmuth's Mole

All I would say is, if it was your first offer and they both accepted without much tanking, you didn't get enough. ;)

But yes, better than averade deal.....for you.

literation

Maybe fun story. Kind of old now but Brokos still referenced it recently:

Thinking Poker: WSOP 07 Trip Report Part 5: $500 Satellite

from here:

Mailbag: Dealmaking - Andrew 'Foucault' Brokos Blog

RAM_Eh

Not sure i understood but the short stack agreed for less than 3rd place money???

Hellmuth's Mole

Dead Money;305532 wroteNot sure i understood but the short stack agreed for less than 3rd place money???

Nope. You probably mistook the ICM breakdown.

Payouts:
18k first,
10k second,
6k third (ridiculous structure imo).

Deal:
13k to chipleader
12k to me
7k to shorty

play for 2k

The chipleader with over half the chips in play is the one who really took the haircut.

Hobbes

Dead Money;305532 wroteNot sure i understood but the short stack agreed for less than 3rd place money???

Short stack got more than 3rd but less than ICM

betrthanphil

I would never make a deal as the short stack 3 handed. It is almost never a good deal in my eyes

GTA Poker

betrthanphil;305539 wroteI would never make a deal as the short stack 3 handed. It is almost never a good deal in my eyes

I wouldn't either, especially in this spot with the structure and stacks.

Wetts1012

betrthanphil;305539 wroteI would never make a deal as the short stack 3 handed. It is almost never a good deal in my eyes

Cost Benefit Analysis 101. Such a bad deal for someone with all the power, and essentially nothing to lose.

BlondeFish

I like playing to the end, but usually accept a deal that is higher than ICM equity, including as the shortest of 3 stacks. Many players that want to deal either have no idea about ICM, or mistakenly think they have a huge skills advantage forgetting the fact that the number of effective big blinds is usually less than 40.

At a WPT winner-take-all satellite in Fallsview, a LAG had a significant chip lead against me heads-up but offered to chop 50-50. In another live tournament, I was the big chipleader but still with 9 players left, then everybody started talking about chopping equivalently except for me getting most of the first place money along with the trophy and title; I offered taking only $100 off first place and to my utter shock, they all quickly agreed!

Richard~

BlondeFish;306296 wrote
At a WPT winner-take-all satellite in Fallsview, a LAG had a significant chip lead against me heads-up but offered to chop 50-50. In another live tournament, I was the big chipleader but still with 9 players left, then everybody started talking about chopping equivalently except for me getting most of the first place money along with the trophy and title; I offered taking only $100 off first place and to my utter shock, they all quickly agreed!

consensual larseny itt

Vekked

doesn't seem like it could be too bad but is it ICM or chip-chop numbers? "ICM chip chop based" doesn't really make sense, can't be both. You'd want at least your ICM value in this spot.

Meistro

deal making is something i need to work on, can anyone recommend some good online resources for ICM calculations? I am going to press for deal talks at all final tables from now on.

GTA Poker

Vekked;307071 wrotedoesn't seem like it could be too bad but is it ICM or chip-chop numbers? "ICM chip chop based" doesn't really make sense, can't be both. You'd want at least your ICM value in this spot.

used ICM calculator so you tell me

Vekked

GTA Poker;307113 wroteused ICM calculator so you tell me

are you sure it was an ICM calculator and not an ICM-chip-chop-based calculator?

GTA Poker

Vekked;307127 wroteare you sure it was an ICM calculator and not an ICM-chip-chop-based calculator?

was this:

https://play.google.com/store/apps/details?id=com.grodman.icm

is good?

Vekked

yeap, if you got at least those numbers then you're good. If you're shortstack you should always get more and big stack you can give away a bit of equity and still feel fine (these calcs underestimate the shortstack's equity a fair bit)

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