A
alwaysonthebeer
Rising Star
Bronze Level
I’m trying to work out a forumula telling you what deals you should/shouldn’t take in a tourno.
Basically it should be (prob finishing 1st x prize for first) + (prob finishing 2nd x prize for second) +(prob finishing 3rd x prize for third) +(prob finishing 4th x prize for fourth).
I’m taking the percentage of chips you hold as your prob of finishing first, how would you calculate the prob of finishing second, third or fourth?
Basically it should be (prob finishing 1st x prize for first) + (prob finishing 2nd x prize for second) +(prob finishing 3rd x prize for third) +(prob finishing 4th x prize for fourth).
I’m taking the percentage of chips you hold as your prob of finishing first, how would you calculate the prob of finishing second, third or fourth?