dieIveydie coming soon!
Ivey had been playing the 50k when this started, I didn't even know he was in this till day 2, The fucking enter whenever you want rule is what cost us, This rule is bullshit, Should be closed 2 hours after it starts. This allows them to enter up to 7 hours late with a short stack and fire away and if they win a few pots which are big at this point then they are right at the top of the chips counts, DN did this a few times
-Allergic to the struggle
Last edited by JimmyG_415; 06-28-2014 at 08:50 AM. Reason: "He is full of shit" was my orignal post, and had to eat shit. He called it -250 on yes they would win one.
Not only is DN having an amazing WSOP, but his assistant is chipleader in the women's event.
not gonna lie, took great pleasure in ivey winning this
Slava Ukraini!
TAKE IT DOWN
I came here to edit my post to say "I might have read it wrong, but"........." in place of the "he is full of shit" part.
That is funny, I was totally off.
I couldn't find the tweet before I posted, so I must've assumed he was betting the no, I mean seriously, how could you possibly come up w-2.50 that they would win one?
Fucking guy is impressive.
Last edited by JimmyG_415; 06-28-2014 at 08:48 AM.
Then while this is going on only a few days before the One Drop, the Bellagio throws a $100K that draws 85 people. 4 way chop at the end- Dan Smith $2,044,766, Jason Mercier $1,622181 Tom Marchese $1,465,451 and Jason Somerville $1,327,352. Expected to be the third highest prize pool of the summer including the WSOP.
I think Druff ignored or underestimated the "closing factor". Remember the bet was not about EV, but bracelets and the two are not the same.
The most important factor to consider is - given X number of final tables, how effective is the player relative to the field at closing. There are many players who make final tables with relative ease that can't finish and others who seem very good at it. Ivey, by track record, is very good at it.
A low buy in 500-player 8-game tournament is right in Ivey's wheelhouse as many of the players will totally suck at several games and almost none will be as well rounded. Plus you can expect a relatively soft final table because of the low buy in and because many of the good players will have been busy with the 50K and 10K limit holdem.
Last edited by blueodum; 06-28-2014 at 09:19 AM. Reason: typo
About 70 events... with a thousand random people in each, .1% you win one.. * 70 = 7% chance of winning... * 2 people = 14% chance strictly based on math.
So if you assume Ivey and DN are 15x better prepared to win a bracelet than the average poker herb, right there you have -210 odds for a bink.
HV put them at just over 15x, obv.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
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And yes some of the events run in parallel but also some of the events have only 500 people, so on, so feel like the math proofs out to the -250 range well enough.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
When faced with a difficult decision, ask yourself "What would Micon do?", then do the opposite.
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Except some events have 100 people, hence why averaging is bad idea here. You have to look at events individually.
Druff did a good job breaking this down in other thread explaining that really only a few events mattered (low entry). The big question was trying to calculate Ivey and Daniel's ROI. All they really needed was to be 2-3 times (ROI 100-200) to make it an easy profitable bet for them. If they were 15x more likely this bet is like -1000 for them.
Druff had been pinning them around 30-50% ROI I think. Hence why he took the bet
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