simo_8ball
Friday, July 28th, 2006, 8:33 AM
QUOTE (shpaget @ Friday, July 28th, 2006, 8:06 AM)

As far as Fischman - one situation would be the unusual scenario where all 9 other players go all-in preflop on the first hand of a freezout....where your AA is only a 35% favourite (if that)....in the BB, I can see myself folding (in a tournament), and this is the type of scenario Fischman is thinking of (though not necessarily this exact one).
Really, for example, in the ME - does the 65% chance of losing get overridden by the immediate jump to 100k chips vs everyone else's 10k? Remembering that a first-day leader has never won the main event.
Whereas a pro like Cloutier is on record that he would go all-in every time in every tournament...you have the best hand, period.
Read
this.
Oh, and the thing about 'the 1st day leader never winning so it's bad to be the day 1 leader' is one of the stupidest arguments I have ever heard.
Paul Phillips quotes:
"You were just seated at a table with apparently the nine worst players in the world, and eight of them are going broke THIS HAND, and you had the BEST POSSIBLE HAND, and you folded it. Good luck getting a better opportunity"
"If your goal is just to last a while in the tournament and get some fun value out of it, then go ahead and fold AA. If goal is to win money, you will never be correct in folding AA preflop on the first hand. Nobody is so good they can pass that up. Nobody is even *close* to so good that they can pass that up. Nobody."
"The exceptions where you might fold are pathological corner cases that exist almost completely for academic navel-gazing, and only apply when one is very close to a dramatic leap in prize money status, such as in a super satellite. The situations proposed in this thread are not even close. 31% of 10x your stack is a LOT OF CHIPS. Assuming a starting stack of 1000, you are suggesting throwing away *2100* chips just because you can't handle the prospect of busting. This is insane.
It's not even close."
"let's say poker has been outlawed worldwide and they're letting us play one last tournament. After this one the penalty for playing poker will be a horrible death, burned alive on a bonfire. Guess what? YOU STILL CALL! And it's still not even close."
"The chip leader often figures not to win because being the chip leader on the first day IN REAL LIFE usually means taking the worst of it a few times and getting lucky. Putting all your money in as a huge favorite in a ten-handed pot is NOT how people typically end up as chip leader at the end of day one."
"I'll give you a clearly false example: I raise all-in UTG in an eight handed live game. One by one, everyone calls my raise. Which person did I want not to call, so I could narrow the field? Answer: none of them. I want them all to call. I did not raise to "chase them out." I raised to take their money."
>Complicating matters is the fact that the early stages of a tourney are more about survival than increasing the size of your stack.
"This is clearly false as well. The EARLY stages of a tourney are precisely those that are NOT about survival; they are about making the plays with positive expectation. Survival is only a factor in and of itself when enough people have been eliminated to change the relative value of chips in a material way."