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BGonline.org Forums
What did Stick do to deserve THIS?
Posted By: Rich Munitz In Response To: What did Stick do to deserve THIS? (Joe Russell)
Date: Monday, 27 July 2009, at 4:30 a.m.
Lets say the 3 final players: ABC are such that as you say A is a 60/40 favorite over B and C.
On the surface, it would seem to be a fair settlement to divide the prize pool in the ratio of 60/40/40 between A/B/C. A would receive 60/(60+40+40) = 42.9% of the prize pool.
What is A's real winning chances in the elimination format where someone randomly gets a bye?
If A gets the bye, then A's winning chances are 60%
If B or C gets the bye, then A must win twice @ 60% = 36%
Then on average, A's winning chances are (60+36+36)/3 = 44.0%
Conclusion, the stronger player benefits from the random awarding of a late bye.
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