Too Greedy <G6> PM Thoth

[Someone]

well i suck

[Thoth]

I couldn't for the life of me remember how I got to $89,000, but apparently there was

some

strategy (I

do

remember spending some time trying to come up with a good amount), because Thoth picked the exact same thing. If only I had picked 88999. Thoth, do you remember how you got to $89,000?

Cam

I expected the highest bid to be around 100,000. Therefore I wanted to bid 90,000 to be safe. To be just a bit more safe I took 89,000 just in case others were thinking the same. I just should have played a little bit more safe then that.
I do think there must be something to this game when you can get a tie with a number like 89,000. I'm definitively /in for the next one.

[mathcam]

That sounds like pretty much what I did. And agreed. \in. You know what killed us, Thoth? Our strategy was

too

optimal.

Cam

[rite]

definately /in for next game, I'm totally digging it.

[Yanqush]

can i join?
its growing on me, and i only watched

[Stewie]

give me a call when the next game starts... or just pm me

[gslamm]

Round 5
MeMe bids $4,800 and is asked to leave with half her current stash.

[*] Player........Take this round........Total so far


[*]Norinel........ $1....................$94,970
[*]PBuG...........$1,000..............$66,000
----------------------------------------------
Players that have left.

[*] Wacky.......$-0-
[*] Thoth............$5,000
[*] Someone..........$44,499
[*] Mathcam..............$50,000
[*]MeMe.......................$51,450
[*] Rite............................$85,000
[*]Mikehart..........................$110.000
[*]Totem.................................$135,000
[*]Shadyforce..............................$189,999

$168,082 left in the pot
Cops rolled a 8

Well it comes down to the last round.....

[mathcam]

Heh. Three mobsters are sitting around a table with 117,000 dollars on it. one of them says "Hey, let's keep this reasonable. I'm just going to take 4,800 dollars." The other two ask her to leave for being too greedy.

And bah! You just edge me out, MeMe. That was your plan all along, wasn't it?

Cam

[MeMe]

Ever since you rolled around in all your cash, it's been my one goal to make sure I left with more than you....and only you, Cam.

[mathcam]

GAAAAHHHHHHH!!!!!!

Cam

[shadyforce]

I can see them both picking 1 this round. I can't see anyone picking higher, cos they'll be sent home for greediness and the other person gets the rest.

[rOver]

In for the next one.

[TBuG]

Just because there is no point, I'm taking all but 1 dollar in the pot

[Norinel]

Shadyforce, you forgot about bidding 0 and voluntarily leaving. If we compete, it's basically the prisoner's gambit. If one of us bids 0 and the other bids 1, the one who bid 0 gets what he has now and the 1 gets everything else. If both of us bid 1, we both get half what we have now. If we both bid 0, we both get what we have now.

PBuG, want to see if we can figure out a mechanic that lets us split this? It'd get us both into the top 3.

[TBuG]

Hmm... gslamm, question. If we pick the same number, will we keep our money this time?

[TBuG]

Erm... I already chose exactly half, because there was no way I would win anyway. You could choose 84041 And you would get second place. I gave up my money.

[gslamm]

I belive it was mentioned (and demonstrated earlier) If you tie for highest amount (be it 1 or half the pot or some other number) you will both leave with half your current stash.

Let's say the remainder of the pot is a diversion for your get-away (Don't forget the cops!)

Now if you can agree to let one of you take the remainder, and meet in say the Atlantis Hotel Grand Bahamas week from tuesday ....

By co-operating at least one of you can probably win... otherwise Shadyforce wins

[Norinel]

So what's more important? Place or amount of money?

[mathcam]

I think you gotta go for the win. You could just make a random decision: Say if the closing price of Nasdaq ends with an even number tomorrow, Norinel takes money, if it's odd, PBuG takes money. All that's important is that shadyforce gets screwed.

Cam

[shadyforce]

Thanks a lot Mathcam .

Anyway the problem is can they trust each other. Each of their objectives are to win. There's no glory in second place. Don't kid yourself.

OK, here's the position:
-They both get eliminated, I win.
-They both take the money, I win.
-One of them get's eliminated and loses, the other wins.

So the third option is what we need to analyse.

For one of them, should they try to win, they will be choosing an amount. Bacause one of them will be eliminated, it doesn't matter how much. If they choose any amount be it 1 or 50000 then they potentially win the whole pot or lose. So they might as well choose 1.

So now there are only 2 viable options, choosing 0 or 1.
0+0 = My win.
1+1 = My win.
1+0 = Person A wins.
0+1 = Person B wins.

Remember that if you choose 0 you will have no chance of winning whatsoever. So I

still

think they will both choose 1!

[MeMe]

There's no glory in second place. Don't kid yourself.

That's right. The only meaningful glory comes in beating mathcam...regardless of margin.

And why is everyone considering only whole dollar amounts? After all this discussion, I'd probably submit $.01. Ha! Now that's no longer a hidden strategy for either of you!

Whatever

your plan, do it quick so we can play again.

[Norinel]

I was considering that, but thought it'd be a little cheap (Literally).

I'll send the choice soon, I promise.

[gslamm]

And why is everyone considering only whole dollar amounts? After all this discussion, I'd probably submit $.01. Ha! Now that's no longer a hidden strategy for either of you!

Way to go MeMe, just what I needed. ~shakes head~ Unhh uhh, Not gonna happen... Whole dollars on the table, no change.

New Game starts Monday

- PM choices before 6AM CST
Same Rules

[Kerplunk]

Can I join for the next game?

[gslamm]

No player limit. Everyone that wants in send me a PM by the deadline.