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Final Table Deals Live

edited June 2011 in The Poker Clinic
Your thoughts please?

playing a £50+£5 freezeout - 43 Entries.

Get to the FT. top 7 paid.

People suggest making a deal £90 for 10th-8th this was also what 7th place would be getting. This would be done by taking £180 from 1st (£800) and £90 from 2nd (£490)

I came to the FT 2nd in chips with about 120k. 515k in play would u make this deal?


What are peoples thought about chopping 3-4 handed?

Comments

  • edited June 2011
    No chance, 2nd in chips you want to keep the money up top surely?  Might not make you very popular, but the moniez is the aim.

    Deal when you are short handed is understandable, flipping for hundreds isn't very appealing.

  • edited June 2011

    I'm not a great fan of savers for bubble / near bubble spots.
    Changes the dynamic of the game.

    Try and convince other big stacks it's a bad idea and play on.

    As for deals 3 - 4 handed.... fine, but make sure you are clear what your chips are worth, and only take a deal if it's good for you.
  • edited June 2011
    I wouldn't be chopping if i'm 2nd in chips? theres an argument of chopping if your 6th/5th but no way am i giving up an extra £90 i'm going for the win!!
  • edited June 2011
  • edited June 2011
    The mathematics are actually quite complicated. However, assuming all players are equal you have a 120/515 chance of winning £800 in first place or a win expectation of about £186.
    After the deal your win expectation drops to around £144.

    We can do similar (though much more complicated) calculations for all places. The net result is that this deal personally costs you about £63.

    Now, the plus side:
    The odds of you finishing in 8th 9th or 10th are impossible to calculate on the information provided. If the 8th, 9th and 10th places currently only have 1 chip each, the odds of you finishing in such a position are about 0.0006%. In this scenario, swapping £63 for 0.0006% likelihood would only be worth it if your equity is about £5 million or more, which is clearly impossible!!

    Assuming places 3-10 all have equal chips and the Cl has one more chip than you (best case scenario) then you have about a 7% chance of finishing in places 8-10. Your £63 would have to offset an expectation of about £900 for this to be worthwhile, again not possible.

    To summarise, it was a bad deal mathematically if you made it.
  • edited June 2011
    i seen similar the other day. £30+3 rebuy turbo to £300 side event at UKIPT. 20 seats avalible with 21st getting £240

    Guy says if everyone chips in £5 21st gets a seat too (rake included) so everyone bar 1 agrees. Was annoying for everyone else as they where now getting late reg for the tourny. In the end 2 people made up the £5.

    Completely diff senario tho.

    In this one No Deal IMO. Expect to be unpopular tho.
  • edited June 2011
    This is a pretty standard option in most casino's, especially when its run late and cant guarentee game wont overrun casino closing time.

    I always vote yes, as many weeks your going to get to the FT far down the list of stacks, being grateful for the offer of the deal. 

    But mostly, most of these Tournaments are played by the same people weak in weak out, this deal being the norm.  If your planning on going once in a blue moon do what you feel like.  If you plan to go regular it wouldnt be a bad idea to go with majority rule.  There will be times that youre grateful this normal practise is there

    They skim some off for dealers too? 

    If I'm travelling through, no deal (as you are gaining nothing).  If am looking to play weekly, deal (picking up the safe value in later weeks).
  • edited June 2011
    i declined the deal pi**ing off a few regs in the process.

    once 2 players had been K.O'd i agreed on a £90 saver for 8th. (i was now chip leader on 140k+)

    Once we got down to four players we agreed a deal £450 for chip leader (he had half the chips in play almost)

    £400 for the rest of us with fairly equal chips + yes a £60 skim for the staff.

    I was still second in chips but it was getting late 11.30pm lol and the blinds were 8k/16k so it was like bingo. 2nd place was £490 so i needed to get heads up to make a decline profitable.
  • edited June 2011
    If a deal is to be made,taking it from top 2 payouts is wrong,wrong,wrong.If 270 is to come from pot divide it evenly amongst everyone.
  • edited June 2011
    oooh gawd mathmatics = brain asplode

    ive had a similar situation, i accepted the deal but that was only because it was a friend of mine who was short stacked and he would be over the moon with £80. if its just a bunch of randomers i no deal. pretty sure the whole table has to agree on it to make it happen so you can just be a tw@t and say no to them all. 

    :giggle:
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