Net EV won vs EV won in MTTs

[RageTiltSnap]

Is this stat useful at all for MTT play? I cant get my head around it, like right now.... I have had a really bad sessions, so I check that stat and it shows something like this ( click Active session then Tournamant)

Net won (in green on left) 5500

EV Net won 110,000

Does this mean I am running 2000% below EV? Or is this stat basically meaningless? Due to the nature of winning flips with large and small stacks etc? There seems like their can be a lot of variables

[ro0tseven]

EV is useless for MTTs

[fozzy71]

EV is useless for MTTs

correct

Luck Adjusted Winnings compares the change in the equity you have at the beginning of a hand with the end of the hand.
It only is 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)


----

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)


----


Also watch EV video at: http://faq.holdemmanager.com/questions/120/EV+Explained

Read: http://forums.holdemmanager.com/mana...ituations.html

[RageTiltSnap]

tx bu not sure I understand. why is it useless? Isnt it still giving me net results in relation to my equity when I went allin? so I can see when im running bad when allin?

[fozzy71]

I believe the cEV (Chip EV) will still work on a by hand basis but the $EV (aka LAW line in the graph) will not work. To see the Chip EV in a graph you would need to use the hand grid graph popout that graphs by hands instead of the tournament winnings graph that graphs by tournaments.

[Patvs]

tx bu not sure I understand. why is it useless? Isnt it still giving me net results in relation to my equity when I went allin? so I can see when im running bad when allin?

The cEV doesn't take the blinds level into account.

So if you win AK vs QQ early in a game (doubling up from 1500--> to 3000 chips).
Then very late in the game (in a big MTT) you lose with QQ vs AK (losing 100.000 chips).

The cEV graph will show you you're running 48.500 chips below EV, which is not a fair representation of your 'luck' in this tournament.