T8urmoney;369830 wrotespoken like a cash game player
The idea is, if I invest $500 10 times with a good player, I would expect to come out ahead more often than not.
I guess if you look at it as a one off.....a good player will cash probably about 20% of the time over a large sample size.
Let me know which lottery gives me those odds please.
I was looking at it from a risk vs reward in terms of roi. Essentially saying the same thing and the markup being the edge. I don't see here though how coming out 2 dollars or 3 dollars ahead for every 25 out in make sense statistically in the long run. The idea being bap has always been in my mind you look for a good value for the dollar where
A - you believe this person is a decent player
B - the prize pool is huge so if they happen to bink it you get a nice return
C - you're putting out money you can afford to lose and you are not worried about a negative outcome
This is where my term of "lottery" comes in. I not discounting the math behind it but at the same time I love baps with multiple entry's or tourney series where one could hit something big.
I, however am not going to lose sleep over the 100 or whatever amount I put into the player and will gladly do it again for your exact reasons.
IMO I think a lot of people bap this series because this was a good shot for a lot of formers to do well and when one decides not to play the entire series and just satty I think it takes away the fun out of the whole sweat.
I believe that is the general discussion. In the end you can take a poll and I think people are willing to roll the dice with a good player to hit a decent score rather than take the safe route for a smaller guaranteed amount that they could have achieved themselves at their particular skill and game level.
Either way I didn't part take in this bap but i believe this player to be solid anyway and would have loved to see a nice win.
Pretty much I should gtfo of this thread lol