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Search: Posts Made By: baztalkspoker
Forum: Books and Publications 11-10-2007, 11:18 AM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

Oops spotted the mistake that I made with the 400 big bets /images/graemlins/blush.gif.

My 2nd more monor observation is right though I still think.
Forum: Books and Publications 11-10-2007, 10:40 AM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

I substituted 400 big bets for 300 big bets in Jerrod 'Some dude' Ankenman's formula, the result for RoRU that I got were rorU = 35.53% almost twice the rate for having 300 big bets, obviously this...
Forum: Medium Stakes 11-09-2007, 09:06 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
Other than that, the main thing you need to be working on for your game is getting better at multitabling. I'd recommend spending at least an hour each day that you work playing about 6...
Forum: Medium Stakes 11-08-2007, 06:49 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

For anyone who's interested in the Risk of Ruin with Uncertain Win Rates formula I've got a further explanation of the RoRU formula plus an example from Jerrod 'Some Dude' Ankenman the co-writer of...
Forum: Books and Publications 11-07-2007, 09:14 PM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

[ QUOTE ]


phi is the cumulative normal distribution function. Suppose you have a normal distribution with mean mu and standard deviation s. For any value, you can make a "z-score," which is...
Forum: Software 11-07-2007, 11:56 AM
Replies: 44
Views: 217
Posted By baztalkspoker
Re: New version of SNG Spreadsheet (2.7e)

what issue are you having with importing from Postgres?
Forum: STT Strategy 11-07-2007, 09:48 AM
Replies: 12
Views: 56
Posted By baztalkspoker
Re: risk of ruin for sngs

[ QUOTE ]

Download the 2+2 SNG Spreadsheet, as I remember there is a box there that shows your ROR for a particular bankroll and the stakes you play. The link should be in the FAQ.

[/ QUOTE ]...
Forum: STT Strategy 11-07-2007, 07:03 AM
Replies: 12
Views: 56
Posted By baztalkspoker
Re: risk of ruin for sngs

[ QUOTE ]
P(busto)=1

[/ QUOTE ]

p(That it took you less than 5 seconds to come up with that, but that you still feel unreasonably smug about it just because that's the type of guy you are) =...
Forum: Books and Publications 11-07-2007, 05:10 AM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

[ QUOTE ]


exp(2*(300^2)*(1.13333^2/1.5^4)) = 15.929


[/ QUOTE ]

Thanks again senor Jerrod.
I understand phi now thanks. And to give a little something back to 2+2 community to calculate...
Forum: Books and Publications 11-06-2007, 08:53 PM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

[ QUOTE ]


Example:
Suppose you have played 22,500 hands of 9-handed limit holdem, and you've won 337.5 bets, with a std deviation of
17 bets/100. So your win rate w is 1.5 bb/100, and your...
Forum: Medium Stakes 11-06-2007, 08:17 PM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]

Don't set your goal in terms of hands.

Set your goal in terms of hours. During those hours play how every many tables you think maximizes your hourly while not prematurely inducing...
Forum: Medium Stakes 11-06-2007, 02:52 PM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
[ QUOTE ]
Edit:I'd like to know also how people manage 75000 hands a month?

[/ QUOTE ]

People play 12-16 tables on the internets. Welcome.

[/ QUOTE ]
Forum: STT Strategy 11-06-2007, 01:26 PM
Replies: 12
Views: 56
Posted By baztalkspoker
Re: risk of ruin for sngs

Was my question an unreasonable one that it merited a taking the p1ss answer /images/graemlins/confused.gif
Forum: STT Strategy 11-06-2007, 12:51 PM
Replies: 12
Views: 56
Posted By baztalkspoker
risk of ruin for sngs

I wish to work out my ROR percentages for sngs but i need to know how to figure my standard deviation for sngs. Anyone know how to derive this?
Forum: Medium Stakes 11-06-2007, 11:27 AM
Replies: 2,288
Views: 18,190
Posted By baztalkspoker
Re: Official Party Regulars Thread

I used to be a regular at Party, but since they started their exorbitant currency exchange charges and also noticed they have upped the fees in some of their sngs I have been really offput. Anyone...
Forum: Books and Publications 11-06-2007, 11:07 AM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

From what I have seen of if so far it is defintely a book that is very daunting for the non mathematically minded. I have a mathematics and statistics degree - from a long time ago now and I am...
Forum: Medium Stakes 11-06-2007, 09:58 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
I see you've thought it through. I'm not going to dissuade you.

Chen's suggestion is to figure out how much you are going to withdraw then subtract that from your winrate and calculate...
Forum: Medium Stakes 11-06-2007, 08:13 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
Do you have kids? Is your wife employed? Its seems like at this point you will struggle to support a family on your poker earnings. I know that it all looks rosy when you are running at...
Forum: Medium Stakes 11-06-2007, 06:12 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
I was surprised when I read your 6300 hands/week statement. Last month for example I played close to 75k hands despite the fact that my month essentially ended on the 26th because I had to...
Forum: Medium Stakes 11-05-2007, 09:27 PM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

I'll be bluntly honest, whatever answers I was going to get here I would have played at a minimum $2-$4 NL or PLO. so that means a little over 50 buy-ins for me at present, plus some savings as...
Forum: Books and Publications 11-05-2007, 12:15 PM
Replies: 35
Views: 238
Posted By baztalkspoker
Re: The Mathematics of poker by Bill Chen & some dude...

I've only had the book a few days and haven't had a chance to go through it properly yet. I know about ROR formula already but the very useful looking RoRU(risk of ruin with uncertain win rate)...
Forum: Medium Stakes 11-05-2007, 11:28 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]

1 tabling. you know this is the internet

[/ QUOTE ]

Did I say I played only 1 table at a time anywhere /images/graemlins/confused.gif

Maybe not as much as I should do but for...
Forum: Medium Stakes 11-05-2007, 11:24 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
6300 hands per week? Is that a typo?

You should be doing way more than that as profession.

[/ QUOTE ]

No it was't a typo. It's based on playing for a physical 35 hours a week....
Forum: Medium Stakes 11-05-2007, 09:47 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
50 is fine, but without knowing your stakes, the number of hands you plan to play, you're throwing a dart in the dark.

[/ QUOTE ]

My current bankroll is a little over $20k. I have...
Forum: Medium Stakes 11-05-2007, 09:13 AM
Replies: 58
Views: 394
Posted By baztalkspoker
Re: Bankroll for full time play

[ QUOTE ]
100 BI Bankrollmanagement is very bad.
IF you loose the first 50 BI´s you will loose the next 50, too.

My biggest downswing was ~13 Stacks, so if you have the right winrate a...
Showing results 1 to 25 of 101

 
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