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  • rabman50

    Administrator
    May 25, 2023 at 8:48 pm

    Trick question. There is no risk premium in a winner take all tournament.

  • eanderson85

    Member
    May 27, 2023 at 12:33 pm

    Since the home game is the only occasion where I will play a tourney with one prize, I try to think in terms of a normal payout structure.

    26.7

    25

    24.5 me

    21

    18

    I am officially the middle stack, meaning I should have the highest ICM pressure, but is the pressure higher or lower when stacks are so close?
    There are 5 players, I am 3rd and have 21.3% of the chips.
    The chip leader has 23.2% of the chips, and the small stack has 15.6%.
    In a normal payout structure, is this closer to a chip EV situation, or should I be playing Queens plus?

  • eanderson85

    Member
    May 27, 2023 at 1:22 pm

    Since the home game is the only occasion where I will play a tourney with one prize, I try to think in terms of a normal payout structure.

    26.7

    25

    24.5 me

    21

    18

    I am officially the middle stack, meaning I should have the highest ICM pressure, but is the pressure higher or lower when stacks are so close?
    There are 5 players, I am 3rd and have 21.3% of the chips.
    The chip leader has 23.2% of the chips, and the small stack has 15.6%.
    In a normal payout structure, is this closer to a chip EV situation, or should I be playing Queens plus? This is what I’ve found.
    From what I see, I should be Raising First In about 3.5% more (All pairs, all aces), I should never call against a Hijack open (9.5% 3bet only ICM vs 17.5% shove/3bet/call CEV). Does this make my risk premium 3.5%? 8%? Somewhere in between (5.5%)?

    I don’t know how to check risk premium in HRC, and I am also not sure if I set it up correctly. I was wondering if someone could show me how and check my work.

  • rabman50

    Administrator
    May 27, 2023 at 5:29 pm

    Risk Premium or Bubble Factor is the amount of equity required to call an all-in based on $EV. This varies based on the stack size of the opponent. So in this scenario your Bubble Factors are as follows:

    Ivor_Bigone1 – 342.57/259.23=-1.3215 1.32/(1.32+1)=56%

    Mattiebumpo – 421.24/220.48=-1.9106 1.91/(1.91+1)=65%

    okie@cars – 421.24/292.32=-1.441 1.44/(1.44+1)=59%

    Mbabker – 281.47/228.55=-1.2315 1.23/(1.23+1)=55%

    The formula is $EV risked / $EV gained = Bubble Factor

    Bubble Factor/(Bubble Factor+1) = Equity required to call an all-in

    I used Nate Mayves’ new ICM Calculator. Seems to work well and is very easy to use.

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