04-15-06 [poker] - 1

04-15-06 [poker]

Party Poker offers deals for tournaments, and they have an automatic algorithm which is nice, but it's wrong. I've written about it before, they use just a chip % split, and the correct way is an ICM. The Party way of doing it gives too much money to the chip leader and badly penalizes the short stacks. If you ever find yourself in a tournament deal on Party, if you are the chip leader a deal is very favorable for you, and if you're a low stack you have to reject the deal because it's very unfair.

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old rants