Re: [ba-poker] RGPM: Moderator Selection - Call for Volunteers

[Jeffrey Siegal <jbs(deleted the rest)>]

David S. Heller wrote:
> If I do it my way, and I finish in the money 75% of the time, and it's
> equally split among 1st, 2nd, and 3rd, the buyin is $11, 1st gets $50, 2nd
> pays $30, 3rd pays $20, so my expectation is
> (39*.25)+(19*.25)+(9*.25)-(11*.25)=+$14  [if I did that right]  On those
> very rare occasions when I get AA in the first hand, is my expectation
> higher than $14 if I jam immediately?

Well, figure it out for some specific scenario.  The standard cliche is 
aces all in preflop against a full table (don't remember if it is 9 or 
10) figures to win about 30% of the time.  That would make your 
expectation about $15 (30% of the time you win $50).

But you're ignoring the time factor.  Its (say) $15 in EV in one hand, 
rather than $14 in EV over however many minutes.  Even if the EV were 
somewhat lower, the EV rate as a function of time could still be much, 
much higher.