Joined February 2011
155 Photos and videos
Jakub Tóth retweeted
I spent 15 years competing professionally in chess, Magic, poker, and Hearthstone. Now I'm building the competitive game I always wanted to exist. @Showdown_TCG Read the full story👇
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Jakub Tóth retweeted
Replying to @AutismCapital
love the photo of people congratulating themselves for stealing other peoples' money
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Jakub Tóth retweeted
Replying to @Showdown_TCG
@Showdown_TCG weekly money leaderboard, Flash made $1,274 in 154 games. That's over $8 per game, ~$50 per hour of gameplay.
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I posted long explanation with my math on FB (last person on earth writing there), but I will try to go with TLDR. EV of the ticket is 1 mill, but high variance - let's lower variance with lower EV. Your personal utility curve and mix of current/future net worth are important.
For Christmas you received "The Golden Ticket". You can use it in a casino and they will let you roll a six-sided die once. If you roll 6, you will receive 6 000 000 dollars. Otherwise nothing. What is the LOWEST price that YOU would be willing to sell your golden ticket for?
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Person with net worth $200 000 should sell for $290 000 with range 156k - 420k based on risk appetite. Bottom of range is for people with logarithmic utility - scared of losing, and top is for those with high risk tolerance
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Person with net worth $2 000 000 should sell for $620 000 with boundaries 512k — 722k. EV is no longer multiples of everything you own, so losing won't hurt as much and you can take much larger chunk of EV instead of wasting it on insurance
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For Christmas you received "The Golden Ticket". You can use it in a casino and they will let you roll a six-sided die once. If you roll 6, you will receive 6 000 000 dollars. Otherwise nothing. What is the LOWEST price that YOU would be willing to sell your golden ticket for?
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Should you quit your job and start your own business? How many stocks/gold/bonds/crypto should I hold? With what leverage? How much of your Pro Tour equity should you sell to me and at what markup? (definitely more than zero!)
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How does your answer change if: 1) You are rolling a 100-sided die and need to roll exactly 100 to get 100 million bucks 2) You are taking a coinflip for 2 million bucks 3) You are rolling a 6-sided die for 6 BILLION dollars I will post my aproach tomorrow.
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In those two years, I spent an unreasonable amount of time thinking about the question presented. Definitely over 100 hours. I wanted to find an objectively correct answer. I also talked to dozens of other people about it already.
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Jakub Tóth retweeted
This is the prize structure for a starcraft tournament from 2027
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Slightly hungover from yesterday's cube, but hopefully can still play sharp in Showdowns invitational since there are thousands of $$$ to be won
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Great project and great game from some of my favorite people in the world. Thrilled to see Showdown made it to this milestone
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.@Showdown_TCG is poker supercharged with action cards. Brought to you by world champions in @wizards_magic (@OndrejStrasky) and @PlayHearthstone (@StanCifka): Live now for users on MegaETH. $USDM gameplay live shortly.
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Jakub Tóth retweeted
👵 SPAM 👵 THIS 👵 GRAN 👵 TO 👵 CHEER 👵 ON 👵 SAM 👵
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This is already unbearable, when is Powered Cube coming back to Arena?
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In the name of calling out positive things I see - whoever decided that Mana Crypt automatically flips for you without making you "choose" between heads or tails, kudos to you sir
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My favorite "call the ambulance, but not for me" moment so far in the cube
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