View Full Version : Making/Taking Deals?
Any2Cards
02-06-2009, 01:08 PM
A couple nights ago we were playing a sit and go and a guy afford me a deal. 70/30 split, in his favor. I really don't know what I should be looking for when agreeing to take a deal. Of course i know i should look at the stacks but is there anything more to it?
kentucky_jim
02-06-2009, 02:03 PM
What site were you on I don't know of any sites that offer this in sit and go's only multi table tournys? Did the site offer the chop option or how were you going to do the chop?
Any2Cards
02-06-2009, 02:23 PM
It was live it wasn't online.
mannyfest
02-06-2009, 02:33 PM
I think the blinds at the time could have something to do with it too. If the blinds were 1,000 and he had 7000 chips and you had 3000, maybe a 70/30 split wouldn't be so good? Or maybe it would. I don't know...
Arjonius
04-04-2009, 05:40 PM
You want to look at the stacks and also the amount you're actually playing for. As an example, say he has 70% of the chips, first place pays $100 and second $50. If you split the $150 70:30, it's an awful deal since you get $45 instead of $50 that you'd get if you play and lose.
That's because whatever the split is, it should only be applied to the amount you're actually playing for. In this example, you're both guaranteed $50, so a 70:30 split of the $50 that's in play means you'd have gotten $65.
Whether that's a good deal can depend on various factors. If you're the better player, your EV is probably better than the chip spread would indicate. Also, there are chip equity models that suggest splits based on stacks slightly favor one side or the other - don't remember if it's the high or low stack.
PokerGob
04-04-2009, 07:22 PM
You want to look at the stacks and also the amount you're actually playing for. As an example, say he has 70% of the chips, first place pays $100 and second $50. If you split the $150 70:30, it's an awful deal since you get $45 instead of $50 that you'd get if you play and lose.
That's because whatever the split is, it should only be applied to the amount you're actually playing for. In this example, you're both guaranteed $50, so a 70:30 split of the $50 that's in play means you'd have gotten $65.
Whether that's a good deal can depend on various factors. If you're the better player, your EV is probably better than the chip spread would indicate. Also, there are chip equity models that suggest splits based on stacks slightly favor one side or the other - don't remember if it's the high or low stack.
this is a good way to look at it. I would think that a low stack gets favored, hopefully someone can interject here, I don't know either.
BigBenHoldem
04-16-2009, 11:58 AM
I dont have a set %. I would go with what most have said. Look at the prize money and go from there.
I was in Vegas first week of March this year and won a satalite to get into the Bellagio's daily 500+30 tourny. Final 3 came down to me, Sam Grizzle, and some other local player. Sam offered a split where all 3 of us split the money even. I was big stack at this point but not by much as all 3 of us were pretty close. No bullshit we were there for my buddies wedding and missed it due to making the final table at this tourny so I felt bad enough so I said sure but the other guy said no. Few hands later I take Sam out and double up and its me and the other guy.
At this point the floor manager came down and pulled me aside and told me that if I win first I will have to pay taxes but anything under 6k they don't tax. First place was like 6.2k and second 3.8k or something close to that. So I offered to give him 700 and walk away and he gladly took it. I am positive I over compensated him but a few things went into it. Taxes would be over 300$ I believe as well as i wanted to get to my buddies after party and felt bad as it was.
I also recieved a pretty cool trophy which was sweet. I figured that was worth the 700 alone to put up in my house.
Also we paid the guy who got knocked out on the bubble off. With 1 person on the bubble Sam asked if we wanted to make a pot for the bubble. Everyone tossed in equal cash to tally up to 500$ to pay for his entrance. At that point I was actually Small stack so gladly pitched in. Ended up doubling up 3 hands later I caught QQ against AQ and held up.
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