Monday, March 05, 2007

Classic Article - Gigabet and the "Gigabet Dialemma"

Seem to be many posts over on 2+2 with the name 'Gigabet' in the title at the moment, hands, theories and just the fact that he was at someones table. A 2+2 'Celebrity' Gigabet was responsible for coming up with the "Gigabet Dialemma" - the most mis-understood and subsequently abused stack size theory in 2+2 history!

So here it is - The Gigabet Dialemma;

"Intentionally taking -cev situations with the idea that if the gamble works, the +$ev gained later in the tournament from the power of the big stack, will outweigh the long term net loss of chips"

Aimed at MTTs in conjunction with viewing relative stack sizes in 'blocks' no other forum words have been used more often as an excuse for making fishy calls!! I will link to the original posts (right click and open in new tab / window please!) and then look at whether there are any applications for SNGs....

1) Theory of Stack Sizes---Hypothetical Response to the Gigabet Dilemma

2) Choose Life: A Hypothetical Model for the Gigabet Dilemma

3) Isolating with the Gigabet Dilemma (long)

ok, so how would we go about relating this to SNG (and low level SNG) play?? Well the first thing is that I do not see the application of this at the bubble... here your choices are usually clear mathematical ones based on good old-fashioned ICM.

In the early to mid stages there may, however, be some applications. Stripping out the fancy words about blocks we are left with the relatively clear concept that chips you hold above the current 'average' have less extra utility in the middle stages while you remain in a 'group' of players with similar stack sizes.... lets look at an example;

Player 1 - 2500
Player 2 - 2500
Player 3 - 2000
Player 4 - 1500
Player 5 - 1500
Player 6 - 800

So the advantage of having 2500 chips is good but not great here, however the advantage of adding another 1000 to this stack could potentially move you away from your 'group' and put you in a very advantageous position to exploit the upcoming bubble...

The shorty pushes and you have an average hand - Q3 is the example given in some of Gigabets post... you are next to act, the linked posts are advocating that you isolate here by shoving. The idea being that you 'take the worst of it' because the postive effects of having those extra chips somehow balance the fact that losing 800 chips will happen the majority of the time.... after all 1700 chips still retains you enough fold equity / flexibility to win assuming you are a decent player.

Would I do it? As with most aspects of our game there is no right or wrong answer here... with Q3 i'd almost certainly fold, but what about KJ or 55?? Can certainly appreciate the logic of what is happening and will have to think about isolating in more depth - having a big stack approaching the bubble is certainly a positive thing after all!!!




MrTynKyn said...

Hello Mark
Interesting thing , when I finish to understand to fold AK when ICM equity tells me is right I find this !!!
Now I will fold AK but call with Q3 !!!
Just kidding :-)
I read your comment and read the link to 2+2 . I dont know if Im the only one but the post on 2+2 was a bit difficult to understand .
For next writing in STT section on your blogs , can you explain Gigabet dialemma or theory with your words ?
Always apreciate your help

Mark - An Englishman Abroad said...

Hi Mr TynKyn,

The key to the Gigabet Dialemma is the positive equity advantage from moving away from a 'group' of players with a similar stack size to you... if your minus ev call allows you to remain in this group if you lose but move away if you win then it *might* be worth making.

It is hard to put a $ value on those extra chips but having all of the table covered should allow you to pick up more pots on the bubble etc so there could well be a 'real' benefit.

Stick to ICM at the lower limits my friend, your opponents will make enough errors so that you can win $$$!!!

Cheers, Mark

Anonymous said...

Evening Mark

maybe a topic for ya, that would interest me and maybe others learning cash. What are the benefits/negatives of NL CAP v normal NL ? They have these on FT and I play them and main thing I notice is, people are more likely to call knowing the max they can lose with average hands. However, I seem to do ok on these but not so good on standard NL cash tables.


MrTynKyn said...

Thanks Mark , I understand now .
Im doing well with ICM ( I have a lot of leaks yet , but now I can see then , before not)
I think in a couple of months my bubble play would be better if I keep reading your blog
Thanks again

Mark - An Englishman Abroad said...

Hi Martin,

I'll take a look at some point... not currently familliar with the Cap games (play most of my cash over at Titan (number of fish etc!))

From what I have heard the cap games sound interesting so will give them a try in the not too distant future.

Cheers, Mark