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why did they fold?
 

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Well think about this .. If you have just sat in to the table and haven't earned VPPs , then it's reasonable to fold...You will still win the $20 prize, and by going all-in you will win $20, or $40 if you win the hand ..But if you have like $15 it makes more sense to take the $20 guaranteed to risk winning only $5 ...

     
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Posted by djpremier:
Well think about this .. If you have just sat in to the table and haven't earned VPPs , then it's reasonable to fold...You will still win the $20 prize, and by going all-in you will win $20, or $40 if you win the hand ..But if you have like $15 it makes more sense to take the $20 guaranteed to risk winning only $5 ...


Actually, even with just the minimum win, it's probably still worth it. It was said that all the players except the big stack have less than $15 but for the sake of argument let's say they had a stack of 15 and the current prize was 20. This prize is safe and they will win it no matter what the outcome so the risk is just 15.

If they win the hand by calling all-in they will win the pot (15 x 2 + 5 (for the short stack) + blinds (assuming no one else calls) ) and the extra 20 so that's risk of 15 to win 55+ so they only need 27% against the big stack for the hand to be profitable (+ev). If the short stack wins but they beat the big stack they still make money.

Edited by awood88 (29 November 2012 @ 01:59 GMT)


     
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Posted by awood88:
Posted by Serpang:
Hm, MILESTONE HAND. It's new for me. Would any one give further explanation or where I can read the rule or article about it ? Is it just for ring game and specific poker site ( not all of poker site use the rule ) ? Question Question


It's a pokerstars promo where every millionth hand gets additional prizes but since I don't play at the site that's all I know about it. I think Party or Full tilt have a similar thing when they approach these "milestone" hands. I believe it was just cash game full ring hands eligible but I might be wrong.
I have no idea why it's better for all players at the table to call but maybe someone could explain the rules as it sounds plausible. If the jackpot for the winner of the hand is big enough it would price them all in but no one has yet said what the added pot is.


Thanks for your info Smile


     
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Posted by djpremier:
Well think about this .. If you have just sat in to the table and haven't earned VPPs , then it's reasonable to fold...You will still win the $20 prize, and by going all-in you will win $20, or $40 if you win the hand ..But if you have like $15 it makes more sense to take the $20 guaranteed to risk winning only $5 ...

Well, not really. You see, even if you lose you will still rake that hand, therefore it's not just $20. It's that plus the percentage of rake Your money just made in the pot.

     
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Lets face it.....players should make themselves aware of the rules of any game or promo they are involved in so that they can truly understand their position and not be open to complain when they mess up!! Defo NO BRAINS.

     
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Posted by lukasb:
Posted by djpremier:
Well think about this .. If you have just sat in to the table and haven't earned VPPs , then it's reasonable to fold...You will still win the $20 prize, and by going all-in you will win $20, or $40 if you win the hand ..But if you have like $15 it makes more sense to take the $20 guaranteed to risk winning only $5 ...

Well, not really. You see, even if you lose you will still rake that hand, therefore it's not just $20. It's that plus the percentage of rake Your money just made in the pot.


Oh you're right .. had to check if the milestone hand rake count's towards the prize.. and it does..Then I think there's really no sense in folding a milestone hand ..

     
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There you go. I managed to see live the last hand being dealt. Interesting that there was literally hundreds of people waiting in line to seat on a table, since the software was not opening more or opening them too slow i don't know, but very few were on plo ones, so i had no problem in taking a few seats there.

As a final remark to this thread i would like to point out for those who still are not convinced that folding was a bad move, even the team online members that went to congratulate the players before the hand was dealt, reminded everyone that the milestone hand is also raked and once everyone was all-in, one of them even said: '' no one folded, good..''

Need to say more? i rest my case Big Smile

     
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In the run-up to the 90 billionth, PokerStars threw a million-dollar party. Every million hands, PokerStars had been giving out money to winners of special milestone deals. In total, players won more than $1,150,000 in bonus money.

     
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they were all like ''serpag'' they didn't know what was going on enethough they anounce it and the break and everything they just didn't know or maybe they knew but didn't know how the prizes are awarded and thought that maybe they couldn't break even at least ether way you should allways be up to date with the latest promotions.out of 10s of thousand of tables your the lucky guy to be at a table were the milstone is dealt and you take it for granted....imagine how the people standing in line at that table felt...seeing the idiots fold....so yea..defenetly no brain Blink

     
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