Call me insane here, but what I see written in caps is that if you lose that flip, you lost the all in, EV is higher than money won which means the red line would go up no?
Apologies, Gun, for hijacking once again. Feel free to tell us to get lost and have this discussion elsewhere.
I don't think it follows from the the wording in caps that in the situation you describe your EV (red) line goes up. If this were a genuine 50% flip then I believe the red line will be flat. It is your green line that drops. What does happen, though, is that a gap opens up between the two.
Also, if you get your money in 1st hand 50/50 you will have a -ve EV line due to ICM tax and rake. For example, $14+1 BI, first hand you will have 50% chance of $0 and 50% chance of say $27 (not sure if that is exactly right) so you will win $13.50 according to the red line which is $1.50 less than the $15 BI so the red line will go down.
To give a practical example:
Hand converted with online PokerStrategy.com hand converter:
Play hand
$15/$30 No-Limit Hold'em (9 handed)
Known players:
[tg]CO$1380.00:///////;BU (Hero)$1575.00:///////;SB$1523.00:///////;BB$1500.00:///////;UTG1$1500.00:///////;UTG2$1500.00:///////;MP1$1500.00:///////;MP2$1522.00:///////;MP3$1500.00:///////;[/tg]
Preflop: Hero is BU with Q:s, Q:h.
UTG1 folds, UTG2 raises to $1,500.00(All-In), 4 folds, Hero raises to $1,575.00(All-In), 2 folds.
Flop: ($3120) J:c, 6:d, 6:h (2 players)
Turn: ($3120) 4:s (2 players)
River: ($3120) 4:h (2 players)
Final Pot: $3120.
Villain had AKo
Ok, so we have a classic 'flip' here (QQ v AK) at the start of the tourney. HEM gives the following (shortened) analysis (you find this by opening replayer and clicking 'ICM':
Start EV End EV Diff Player
$34.48 $62.13 $27.65 HERO
$33.00 $0.00 ($33.00) maska59
EV Result Luck Hand Player
$35.83 $62.13 $26.30 QsQh HERO
$26.59 $0.00 ($26.59) AhKs maska59
So we see from the second set of figures that my expected EV from this situation compared to my start EV is an increase of $1.35 ($35.83 minus $34.48). Villain's EV drops from his start point because he enters this 'flip' as an underdog. However, since the flip has to go one way or the other, in this case Hero wins and so he is 'lucky' by the difference between the $ he wins if you run the simulation infinite times and the $ actually won in this case, i.e. $62.13 minus $35.83 ($26.30). In terms of red line green line, this would show itself as my red line going up very slightly (because I still win $1.35 on average in this situation) where as my green line will go up steeply because I got lucky to the tune of $26.30. And all you do is repeat this over and over for all the all-ins in the tourneys you play in and look at the result. If the green line is above the red, you're running well and if it's below, you're running bad.
Stealing is a different matter altogether. If you push and no one calls there is no allin and nothing for HEM to analyse. There is no 'luck factor' at all when this happens.
You can think of the red line in Tournament view as performing a similar funcition to the All-in EV for cash games. The difference is that the program is not comparing chips won and lost, it's comparing the ICM $ value of those chips.
I don't really mind if those people who think the red line doesn't have any significance (and I'm not saying this applies to anyone reading) continue to think that. But in my own personal experience, when you run good the temptation is to think you are playing better than you actually are and when you run bad you feel that the whole world is against you.
On the $22s I ran at 8%. My EV ROI was, however, only 3.9%. At the time I was just happy to be making money and paid little or no attention to the gap. I moved up a limit too early with lots of bad habits created by winning more than my fair share. And it took me 200-300 games to tighten up early on and improve my game. Now, on the $36s, the reverse is true. After 1k games my EV ROI is a decent 4.6%, but my actual ROI is 0%. And that's fine (though obviously I'm not happy about it) because I know that this is variance and my red line is doing very nicely.
I think this might be my last word on the subject now.