Quiz for lesson "The Principle of Diminishing Chip Value"

In this quiz, you can test yourself to see if you have fully understood the content of the lesson The Principle of Diminishing Chip Value.

Good luck!

QUESTION 1:

Why do you need more equity in SNGs than cash games to profitable call a bet?

Because in most SNGs you cannot rebuy.
Because by multiplying your stack you don't proportionally multiply your share of the prize pool.
Because in SNGs you do not have to risk your stack before the bubble.

QUESTION 2:

Which sentence is correct?

In SNGs, each chip won is not necessarily worth as much as the one you already have.
In SNGs, each chip lost is worth less than each chip won.
In SNGs, each chip won is worth exactly the same as each chip lost.

QUESTION 3:

If you double up your starting chips in a SNG, your stack is worth:

Always twice as much as the SNG’s buy-in.
Your stack’s value doesn’t change, as you still can lose and get nothing.
It depends on the SNG’s payout structure.

QUESTION 4:

What is monetary expected value ($EV)?

The average amount of money you can expect from a SNG if you make it into the money.
The average number of chips you can expect as the result of an action.
The average amount of money you can expect as the result of an action, based on your current prize pool equity.

QUESTION 5:

The cEV of your call is +100 chips. This means that:

By making this call you will earn 100 chips on average.
This call is profitable in terms of money (+$EV).
The average total number of chips in your stack you can expect as the result of this call is 100.

QUESTION 6:

Which sentence is not correct?

A given decision can be +cEV (profitable in terms of chips) but -$EV (not profitable in terms of money).
A given decision can be +cEV (profitable in terms of chips) and +$EV (profitable in terms of money).
If a given decision is +cEV (profitable in terms of chips), it’s always +$EV (profitable in terms of money).

QUESTION 7:

Which answer is correct?

A call is -cEV (not profitable in terms of chips) but at the same time it's +$EV (profitable in terms of money)
A call is +cEV (profitable in terms of chips) but at the same time it can be -$EV (not profitable in terms of money)
A call is +cEV (profitable in terms of chips), thus it's always +$EV (profitable in terms of money).

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