And you justify it by showing a 0.4 % equity difference?
Yeah, the difference is really small. I intentionally picked an example that was really close between call & fold so that you guys would go "WHAT? No way him folding shows a higher expectation".
The trick is, its not "picking a better spot" to double up. Its just the decision between having 300 chips risk free or 900 with 32% risk of going busto. And keep in mind, you don't have to double up to come in 3rd. You just have to last longer than some other player. The outcome would also drastically change if we had the BB covered, since we wouldn't lose instantly if he wins the all in.
dufferdevon said:
Let's do the reverse of this problem. If we have A-9, then we are correct in calling J-J's all in, according to ICM ?
1 quick thing before I run this example: ICM isn't some magical decision making engine. Its just a way to put a dollar value on tournament chips.
ICM Calculator Link
If villain 2 folds A6s (not A9, the example was with A6s) he will have 4900 chips. If we plug the resulting stacks into the ICM calculator, he has 32.3% tournament equity.
If he calls, his average tournament equity will be (0.318)(0.368) + (0.682)(0.296) = 31.9%.
So if other considerations are negligible (skill difference between players, ect.) then the BB should fold to your shove.
Which is why so much emphasis on tournament strategy is about open shoving. In almost all cases in the end game strategy of a SnG, unless your hand is extremely strong, it is more profitable to pick up the blinds than to put yourself at risk. So the standard advice is to always go all in preflop if your M is 10 or less, so that you maximize your fold equity and the chance you win the blinds without a chance of being eliminated.
If the point of the hand was to get the money all in as a favorite, then we'd limp in, or min-raise, or do something so that causes villain to put money into the pot with as wide a range as possible.
The point is, in a tournament, chips have diminishing value. Having 99% of the chips in the tournament does not mean you will win 99% of the prize pool. And therefore, you need a bigger edge than
pot odds require to correctly put $ into the pot.
And don't worry, I'm not going to look up your OPR stats stick
. You haven't turned the discussion into a "who has more tournament wins" contest. Poker is a game of making logical decisions, and I like people who logically discuss things, rather than just saying "People on cards chat fear my game, I have tons of tourney wins, so that means I'm obviously right." And when people make claims like that, its often just too easy to go on OPR and burst their ego bubble ^_^.