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#21
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Interesting, thanks for the post homer. After 13K hands im 95% sure im beating .5/1 between 6.44 and .91 BB/100 (average of 3.67). It seems you have to have an enormous amount of hands to have any certainty. I don't see how you can ever be sure of your win rate because you move up before you get enough hands for mathmatical certainty. I'm already at my trigger point for 1/2.
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#22
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[ QUOTE ]
I'm thinking that once your SD levels off, it should be safe [/ QUOTE ] I think the issue is figuring out when that happens. Or should you just assume that once it stops changing a lot you're money? |
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#23
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[ QUOTE ]
[ QUOTE ] I'm thinking that once your SD levels off, it should be safe [/ QUOTE ] I think the issue is figuring out when that happens. Or should you just assume that once it stops changing a lot you're money? [/ QUOTE ] Mason wrote an article once telling people how to compute SD. I believe he said you need 30 sessions. (this is of B&M play). I'll guess that's 5 hrs/session at 35 hands/hr. If I'm right, that comes out to about 5000 hands. -- Homer |
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#24
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Neato. This should get an FAQ link.
J |
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#25
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27,169
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#26
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Just what we need. Another annoying poster.
Lost Wages |
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#27
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At least his posts are brief. [img]/images/graemlins/smile.gif[/img]
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#28
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To get within 10% of actual win rate you need a sample of about 40,000 hours. To get an estimate to within 20%, you need only 10,000 hours. I am assuming that SD/EV=10 here. If you want to figure it out using your own stats, the 95% confidence formula is
n=((196*SD)/(EV*r))^2 where n=no. of hands needed to estimate EV per hour (=win rate) to within r% of the actual EV. ^2 means "squared". BillC, Ph.D. |
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#29
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well, I'm not a phd, but I do know there is a big difference between 10000 hands and 10000 hours. So, does n= number of hands or number of hours. If it's hands it seems low, if it's hours, it seem A BIT MUCH! lol
Steve |
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#30
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Can someone please send me the excel spreadsheat to [email protected] !
My Excel is in another language (portuguese) and the formulas don't work here. But when I downloaded Homer's sheat "Streaks.xls" it worked. |
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