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Tournament deal making- questions, Lottery Larry, 20. Jun 2003 20:01
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Hello! I ran into a situation in a home tournament concerning deal offers/rejections/choices that I'd like your instruction on.

This was a small home no-limit tournament, 1 table, 7 players. Top 2 were scheduled to be paid ($200/$80). When it came down to 3-way, I suggested a save at $40, playing for the rest, because this was a friendly home game and the ring game start was waiting on the completion of our tournament. I was the chip leader at the time by about $700 in chips. Total chips were over 8 thousand.

The two opponents were:
In second place, a player whose play wasn't straight-forward and whose play I respected, placing her experience and ability higher than my own.
In third place, a tight, by-the-book player who I felt I could outplay if I was careful.

Should they have taken the save? I was surprised when the 3rd stack nixed the offer. I busted him out soon afterwards with a two face card gamble against his Ace- I caught a pair on the flop that was good.

Shortly afterwards, I was about a 2.5:1 chip leader. I offered the player $90 to end it there. She rejected as too low. I asked for a counter, she said $110/$170 split.

Should I have taken that deal? I thought I could do well in the ring game to follow, so I wanted to start it as soon as possible- also, because it was a home game, i didn't want to keep anyone hanging around. She rejected my re-counter of $100/180 and we played on.

As I feared, I started sliding backwards against her. I didn't have the best of cards, but primarily she outplayed me, coming over the top for pot-sized raises about 70% of the time.

I wasn't adjusting that well, so when the now-chip leader offered a split when I was second by 500-800 in chips, I took the even prize money split.

I thought the second deal was a good one for me at the time, because I could feel that I didn't have control over my opponent and placed her skills above mine. The results made me think that I'd made a mistake over $10 in equity during the first deal negotiations. I didn't want the $30 loss to unduly color my analyis of whether I'd made a mistake with the deal rejection.

If the gap in the prize pool had been larger- say, $550/$850, would I still have been silly to reject the deal?

Thank you for any advice.
LL
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Re: Tournament deal making- questions, stdioh, 23. Jun 2003 10:55
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The strongest criticism of your play that can exist is when you are chipleader and offer the losing player a sweetheart deal and they refuse it. This means one of two things - the refusing player is an idiot or you are not as good a poker player as you think you are.
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Re: Tournament deal making- questions, Risky Business, 23. Jun 2003 12:05
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I was GIVEN a better prize for 2nd place by a person with 3 times my chips last weekend. I gladly took 2nd, and 50% of the difference between 1st and 2nd........and laughed all the way home.


on 23. Jun 2003 10:55 stdioh wrote:
> The strongest criticism of your play that can exist is when you are chipleader and
> offer the losing player a sweetheart deal and they refuse it. This means one of two
> things - the refusing player is an idiot or you are not as good a poker player as you
> think you are.
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Re: Tournament deal making- questions, Lottery Larry, 23. Jun 2003 12:52
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stdioh and Risky Business

i think that part of her rejection was based on her evaluation on my playing ability. since i rated her as a better player than i am, should i have been more likely to take her $110 deal?

i think part of her argument was that the $90 and $100 offers weren't enough given her chip equity. if we are playing for a difference in $120 in prize money, does her 25-33% chip count entitle her to $30 of that? and should i have split hairs over $10 between $110 and $100?

your reply stidoh indicates that my $100 offer was a sweetheart deal and i wasn't sure that it was.
LL
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Re: Tournament deal making- questions, Risky Business, 23. Jun 2003 14:33
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She has you doubting yourself, take the $170 and get on with it. You can play it off as wanting to keep the game moving if you're embarrassed. Personally, I love being embarrassed while raking in top prize.

You had a 10 in 1 shot to make over $100 when you started.


on 23. Jun 2003 12:52 Lottery Larry wrote:
> stdioh and Risky Business
>
> i think that part of her rejection was based on her evaluation on my playing ability.
> since i rated her as a better player than i am, should i have been more likely to take her
> $110 deal?
>
> i think part of her argument was that the $90 and $100 offers weren't enough given her
> chip equity. if we are playing for a difference in $120 in prize money, does her 25-33%
> chip count entitle her to $30 of that? and should i have split hairs over $10 between
> $110 and $100?
>
> your reply stidoh indicates that my $100 offer was a sweetheart deal and i wasn't sure
> that it was.
> LL
>
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Re: Tournament deal making- questions, Lottery Larry, 24. Jun 2003 06:07
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on 23. Jun 2003 14:33 Risky Business wrote:
> She has you doubting yourself, take the $170 and get on with it. You can play it off as wanting to keep the game moving if you're embarrassed. Personally, I love being embarrassed while raking in top prize.
>
> You had a 10 in 1 shot to make over $100 when you started.
>
i would not have been embarrassed at all i just was not sure if i made a mistake. i'm not sure how you are figuring the 10 in 1 shot.
if second pays $80 and first pays $200 are we not playing for 120? my chip lead was only 3:1 at most.
thank you for any further explaination
LL

>
> on 23. Jun 2003 12:52 Lottery Larry wrote:
> > stdioh and Risky Business
> >
> > i think that part of her rejection was based on her evaluation on my playing ability.
> > since i rated her as a better player than i am, should i have been more likely to take her
>
> > $110 deal?
> >
> > i think part of her argument was that the $90 and $100 offers weren't enough given her
> > chip equity. if we are playing for a difference in $120 in prize money, does her 25-33%
> > chip count entitle her to $30 of that? and should i have split hairs over $10 between
> > $110 and $100?
> >
> > your reply stidoh indicates that my $100 offer was a sweetheart deal and i wasn't sure
> > that it was.
> > LL
> >
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Re: Tournament deal making- questions, Risky Business, 24. Jun 2003 08:06
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I was going off of 10 players in the tourney, but re-read your 1st post.

You had a 1 in 7 shot, 7 players, to make more than $100 in that tourney before it started.

It's a personal decision. Does 1st place matter, or does a sure-fire $100 matter, or does $200 really appeal to you.....to risk only getting $80.


on 24. Jun 2003 06:07 Lottery Larry wrote:
> on 23. Jun 2003 14:33 Risky Business wrote:
> > She has you doubting yourself, take the $170 and get on with it. You can play it off as wanting
> to keep the game moving if you're embarrassed. Personally, I love being embarrassed while raking
> in top prize.
> >
> > You had a 10 in 1 shot to make over $100 when you started.
> >
> i would not have been embarrassed at all i just was not sure if i made a mistake. i'm not sure
> how you are figuring the 10 in 1 shot.
> if second pays $80 and first pays $200 are we not playing for 120? my chip lead was only 3:1 at
> most.
> thank you for any further explaination
> LL
>
> >
> > on 23. Jun 2003 12:52 Lottery Larry wrote:
> > > stdioh and Risky Business
> > >
> > > i think that part of her rejection was based on her evaluation on my playing ability.
> > > since i rated her as a better player than i am, should i have been more likely to take her
> >
> > > $110 deal?
> > >
> > > i think part of her argument was that the $90 and $100 offers weren't enough given her
> > > chip equity. if we are playing for a difference in $120 in prize money, does her 25-33%
> > > chip count entitle her to $30 of that? and should i have split hairs over $10 between
> > > $110 and $100?
> > >
> > > your reply stidoh indicates that my $100 offer was a sweetheart deal and i wasn't sure
> > > that it was.
> > > LL
> > >
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