Quote:
Originally Posted by Jeff P
I disagree.
You're an accountant.
If you had to calculate the net present value of the second entry at the point in time when they began making plays for it in the tournament:
Is the value of an unused entry in the hands of a skilled player at that point in time worth more than other entries that have already been depleted in terms of both bankroll and bullets?
Assuming nearly equal skill among the players involved:
Is the likelihood of entries near the top of the leaderboard being caught from behind by an unused entry greater than that of being caught from behind by an already depleted entry?
In my opinion the answers to the above questions is yes.
However, all of that said:
I do agree that a rules change is needed.
-jp
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First off, anybody could have held back and bet against depleted bankrolls. No collusion necessary. I don't see the nexus as to why a partner betting first allowed him to wait. Again, waiting was a choice for everybody.
I am unsure of the exact rules but weren't the contestants allowed to bet their winnings from prior races? Or was it restricted to $600 bets on Friday and $900 bets on Saturday. If a player could use their entire bankroll to bet it seems to me that the advantage would be with any player who is in the black at the time Nisan started his betting.