The Theory of Bounty Tournaments - Part 2: ICM and Equity Drops

Potover Summary

In part 1 of “Introduction to Bounty Theory,” we analyzed how the structures of bounty tournament prize pools form the basis for several potentially significant insights into the fundamental differences between bounty and non-bounty MTTs. In particular, we noted that the two prize pools—the bounty prize pool and the regular prize pool—have different natures: The regular prize pool functions the same as in regular, non-bounty tournaments and can be modeled by ICM. The bounty prize pool, however,

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