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[QUOTE="fundiver199, post: 7147680, member: 397965"]
At the beginning of the tournament its simply the money rewarded by knocking someone out divided by the buyin and multiplied with the starting stack. So if its a traditional PKO, where half the price pool goes to bounties, and where half the bounty is paid out, then a starting bounty is worth 1/4 the starting stack. If its a traditional KO, where half the price pool goes to bounties, and the entire bounty is paid out, then a bounty is worth 1/2 the starting stack. As money is paid out in the form of bounties or regular prices, then chips are worth less, because there is less remaining money to content for, so the value of a bounty goes up. If half the price pool is paid out already, then a starting bounty in a PKO would be worth 1/2 a starting stack and so on and so forth.

The real issue is, it assumes, the Villain will not do any hand selection, when they fold, which obviously they will. But even on the flop J5s will almost never be far enough ahead, that we would not rather have the Villain fold. Even if we have bottom pair as here, they will usually have 6 outs or around 25 equity. So if we any chance of inducing a folding mistake, this is better than letting them play perfect by calling preflop. In reality this whole discussion is very theoretical, since they will almost never fold.
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