by RyanLM » Wed Aug 10, 2005 12:19 pm
Something I have been thinking about the last few weeks. I'll post a few of my thoughts and hopefully it will generate some discussion. It may be a complete mindfark so don't say I didn't warn you.
Tournament play.
Givens:
I am playing a 10 seated SNG.
I am all 10 players.
I have a ROI of 30%
That means that all the players have a 30% EV from their buyin.
10*30% = 300% which in turn is 3 buyins.
I am proposing that the excess of the EV buyins above the total of all buyins, is the luck factor for the game. This means that in my setup, luck factor is reducing the total EV for everyone by 3 buyins. So, each player's EV is reduced by the average luck factor present in the tourney. In the example, each is reduced by .3 and therefore, everyone has an expected value of 1 buyin from the game. This is not rocket science as everyone has the same ROI they are just going to trade money, this is intuitive.
I propose that luck is a constant. It is a factor to be applied to each game, and will reduce/increase the amount of your ROI in each game. I am sayign that luck is sometihng that can be calculated and is dependant upon the expectations of each player in the game.
However, I think that over a long period of time, luck is reduced to nil. But how can a constant go to zero over a time period. It can't!
So I thought that maybe luck is a constant and does not go to zero over a lifetime. I propose that it is always goign to affect your outcome, and the only thing that affects your results are the expectations of the otehr playrs in the game.
Now if we change the expected ROI of each player in the game, how does this impact our luck constant, and how does it impact our ROI?
How does all this apply to MTTs.
I have done more thinking into this, but I am looking for some discussion, and some different angles of thought before I go any farther.
If you live by the River - you will die by the river