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The SIMPLE method

Posted By: Henrik Bukkjaer
Date: Wednesday, 15 June 2011, at 3:53 p.m.

In Response To: The SIMPLE method (Bob Koca)

A possible scenario:

Chomp A Chomp B Neil Kazaross

Chomp A and B agrees to collude to get as many money as possible out of Neil's reach.

They know for sure, that he will not put in a figure below 36% against them, since he's a heavy favorite (let's call it 60/40 in the final). So instead of bidding honestly vs. each other, they agree to do the following:

They calculate what their "honest" bid should be, knowing that they would probably have to face Neil in the final. (This number should be 30% if they give themselves a 40% chance in the final).

Now, instead they calculate what Neil's bid should be and go close to that (they should go for around 35-36%).

Say the pool is $60.000 (10+20+30). If they are .40 in the final, such a final is worth $18K to them.

Buying one of them out at $21600 instead of $18000, gives $3600 less in the final pool, which makes it worth $21120 for Neil (instead of $22000 if they bought out 2nd place at $20000 or $23100 for Neil if they bought out 2nd place at the "true" value of $18000. So they do stiff him for almost 2 grand which they can split.

Messages In This Thread

• Fairer Method When Exactly Three Players Remain In Draw
  Paul Weaver -- Sunday, 12 June 2011, at 5:07 a.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    Christian Munk-Christensen -- Sunday, 12 June 2011, at 6:13 a.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    Bob Koca -- Sunday, 12 June 2011, at 7:00 a.m.
    • Fairer Method When Exactly Three Players Remain In Draw
      Chuck Bower -- Sunday, 12 June 2011, at 3:38 p.m.
      • Fairer Method When Exactly Three Players Remain In Draw
        neilkaz -- Sunday, 12 June 2011, at 3:53 p.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    Phil Simborg -- Sunday, 12 June 2011, at 1:07 p.m.
    • Fairer Method When Exactly Three Players Remain In Draw
      Colin Owen -- Sunday, 12 June 2011, at 2:04 p.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    Jason Lee -- Sunday, 12 June 2011, at 3:10 p.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    Bob Koca -- Sunday, 12 June 2011, at 3:46 p.m.
  • scoring method like Buchholz
    Christian Plenz -- Sunday, 12 June 2011, at 3:56 p.m.
    • scoring method like Buchholz
      Christian Plenz -- Sunday, 12 June 2011, at 4:46 p.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    Nack Ballard -- Sunday, 12 June 2011, at 5:53 p.m.
    • Fairer Method When Exactly Three Players Remain In Draw
      Jake Jacobs -- Monday, 13 June 2011, at 2:49 a.m.
    • The modern method
      neilkaz -- Monday, 13 June 2011, at 7:29 p.m.
      • The modern method
        rory -- Monday, 13 June 2011, at 9:05 p.m.
      • The modern method
        Nack Ballard -- Tuesday, 14 June 2011, at 2:50 a.m.
        • The modern method
          neilkaz -- Tuesday, 14 June 2011, at 5:57 p.m.
          • The SIMPLE method
            Nack Ballard -- Wednesday, 15 June 2011, at 4:35 a.m.
            • The SIMPLE method
              Henrik Bukkjaer -- Wednesday, 15 June 2011, at 6:31 a.m.
              • The SIMPLE method
                Nack Ballard -- Wednesday, 15 June 2011, at 8:08 a.m.
                • The SIMPLE method
                  Henrik Bukkjaer -- Wednesday, 15 June 2011, at 1:05 p.m.
                • The SIMPLE method
                  Bob Koca -- Wednesday, 15 June 2011, at 1:38 p.m.
                  • The SIMPLE method
                    Henrik Bukkjaer -- Wednesday, 15 June 2011, at 2:26 p.m.
                    • The SIMPLE method
                      Bob Koca -- Wednesday, 15 June 2011, at 2:38 p.m.
                      • The SIMPLE method
                        Henrik Bukkjaer -- Wednesday, 15 June 2011, at 3:53 p.m.
                      • The SIMPLE method
                        Nack Ballard -- Wednesday, 15 June 2011, at 4:17 p.m.
                        • The SIMPLE method
                          Bob Koca -- Friday, 17 June 2011, at 6:16 p.m.
                          • The SIMPLE method
                            Nack Ballard -- Friday, 17 June 2011, at 7:18 p.m.
  • Fairer Method When Exactly Three Players Remain In Draw
    ah_clem -- Monday, 20 June 2011, at 7:29 p.m.