How is $ev calculated for tournaments?

[Kombaiyashii]

:confused:

[udbrky]

Luck Adjusted Winnings compares the change in the equity you have at the beginning of a hand with the end of the hand.
It's only calculated for hands where an all-in situation (before the river) takes place. And only can be calculated for single table tournaments.

Example:
$10 husng -->50% flip--> it works something like this

1500 vs 1500 chips:.

You win the SNG 50% of the time--> and your equity will be $20 (EV Diff = -$10) but 50% of the time you lose and your equity is $0. (EV Diff = +$10)

You Luck Adjusted Winnings will be the SUM of all the EV Diffs + your final equity.

Your final equity will be either $20 (if you win) or $0 (if you lose)
So in this example (1500 vs 1500 chips) the luck adjusted winnings will always be +$10 (no matter if you win or lose)


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2500 (hero) vs 500 chips:
-->50% coinflip

This time you win the SNG 50% of the time--> and your equity will be $20
but 50% of the time you lose and you will have 2000 chips and your opponent will have 1000 chips.

1500 chips are worth $10 in equity, so when you lose the hand your equity will be $13.33

So your EV is 50% * $20 + 50% * $13.33 = $16.66
Therefore if you WIN the hand--> and your equity is $20 (the EV Diff will be -$3.33) and if you LOSE--> your equity will be $13.33 (EV Diff = +$3.33)


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Also watch EV video at: FAQ - Hold'em Manager (HM1) Poker Tracking Software :: EV Explained (http://faq.holdemmanager.com/questions/120/EV+Explained)

Read: http://forums.holdemmanager.com/manager-general/24059-ev-not-all-situations.html