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#4
02-11-08, 10:49 AM
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The example uses equal stacks because then you don't bring stack size issues into play. In the contrived scenario, it is very close to being CEV = $EV. Or better put, everyone has the same risk of ruin.
Obviously if the situation is UTG: 400 Button:300 Hero: 5000 BB: 7800 You fold all but a very small range (based upon your assessment of BB's calling range). Here CEV <> $EV. Stack sizes alter push/call ranges. The best players who use ICM are those who use all the information at the table to accurately deduce push/call ranges. That being said, fold equity is still a big part of the calc.
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