PokerFan 0 Posted January 31, 2006 Share Posted January 31, 2006 You hear in poker players getting 2:1 on their money and as a result they make decisions based on that....so last Sunday in Stars 700K tourney they are down to 5 players with 5th place paying $50K and first paying $220K, they all agree to chop for roughly 100K each..The question is why settle for $100K when you are getting over 2:1 on your money to continue to play for first place of 220K? Link to post Share on other sites
econ_tim 0 Posted January 31, 2006 Share Posted January 31, 2006 your post doesn't make sensethey aren't getting 2:1 on their moneythe chance of finishing first in a field of five is[here i leave out the difficult calculations]4 to 1 Link to post Share on other sites
Mercury69 3 Posted January 31, 2006 Share Posted January 31, 2006 Yeah...stupid head. You been told!j/k :-) Link to post Share on other sites
Silly_11 0 Posted January 31, 2006 Share Posted January 31, 2006 burn Link to post Share on other sites
Wingmaster05 0 Posted January 31, 2006 Share Posted January 31, 2006 You hear in poker players getting 2:1 on their money and as a result they make decisions based on that....so last Sunday in Stars 700K tourney they are down to 5 players with 5th place paying $50K and first paying $220K, they all agree to chop for roughly 100K each..The question is why settle for $100K when you are getting over 2:1 on your money to continue to play for first place of 220K?You've been here for a year and you haven't read about odds? They have 7 to 1, duh. Iplied odds change everything. Link to post Share on other sites
AceJackOffS 0 Posted January 31, 2006 Share Posted January 31, 2006 pwned Link to post Share on other sites
fopkins 0 Posted January 31, 2006 Share Posted January 31, 2006 Wow. Top 10 dumbest threads easily.-fop Link to post Share on other sites
shinychicken 0 Posted January 31, 2006 Share Posted January 31, 2006 I'll fill in...ZING Link to post Share on other sites
Longshanks 0 Posted January 31, 2006 Share Posted January 31, 2006 this can be a late nomination for worst thread ever Link to post Share on other sites
theredpill99 0 Posted January 31, 2006 Share Posted January 31, 2006 This is the best thread ever. Thanks. Link to post Share on other sites
Damontis 0 Posted January 31, 2006 Share Posted January 31, 2006 LOL Link to post Share on other sites
reedmcneal 0 Posted January 31, 2006 Share Posted January 31, 2006 We are all now stupider for having read your post. Link to post Share on other sites
dapokerbum 0 Posted February 1, 2006 Share Posted February 1, 2006 I wish thought could go into posting threads but that's alot to ask I know...No Offense to the good posters Link to post Share on other sites
Actuary 3 Posted February 1, 2006 Share Posted February 1, 2006 like at the WSOP..if I got past the first day..and they had like 65 MM to divide and I could get 18k, ... I would not take it... cuz I am going for 7.5MM, over 400 : 1..no way I"m passing that up. Link to post Share on other sites
chaosnhavoc 0 Posted February 1, 2006 Share Posted February 1, 2006 Wow. Top 10 dumbest threads easily.-fop Link to post Share on other sites
Wingmaster05 0 Posted February 1, 2006 Share Posted February 1, 2006 LOL Ok, seriously?That avatar freaks the shit out of me, please make it stop. Link to post Share on other sites
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