Major poker tournament demonstrates lack of basic math skills
At the final table of this year's World Series of Poker (WSOP) Main Event final table the following hand took place.
Steven Begleiter: 24.9 million chips
Darvin Moon: > 24.9 million chips
Pre-flop almost 8 million chips get into the pot and two players remain. On the flop Moon checks and Begleiter bets 5 million. Moon raises to 15 million and Begleiter goes all in for 21 million total. Moon folds!
(3.9 million * 2 players preflop) + 5 million initial flop bet + 15 million raise + (21 million total left- 5 initial bet= 16 million) = 43.8 million. The pot was actually a little larger because of antes but the next point still remains.
Moon had to call 6 million to win 43.8 million total, giving him better than 7 to 1 odds! on the total pot, over 8:1 on the total pot with the call in. You don't have to know anything about poker to know that you cannot make the 15 million chip raise the Moon did if you can't call 6 million more on top of it. This fold is considered one of the worst folds in poker tournament history both in terms of strategy and pot odds ever.
Some how though, Moon has made it down to the final two players and has a possibility of winning the entire tournament. Shows the luck in poker.