Donk Betting As the Covering Stack in MTTs

Potover Summary

Tournament poker generally incentivizes stack preservation and more conservative play than cash game poker, and this is reflected in ICM simulations. However, when one player covers the other by a wide margin, their risk is not symmetric, incentivizing the deeper-stacked player away from this conservative approach. Asymmetric risk dramatically changes the incentives of both players, leading to equilibrium strategies that look much different from their Chip EV counterparts. For example, while Ch

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