Re: A Note on Variance
Since you don't risk 1/20th of your bankroll every time you risk money, you should use average $ risked and adjust for # of hands you play relative to number of hands dealt. If the average pot = 15bb, then realistically you are risking 100BB/15BB =~ 7. Now if you play 30% of your hands (6max), gross that 7 up to 7/.30 = 23. Essentially the hands in the graph represents situations where money is risked. Multiply hands by a factor of 23. 23 x 31k = 713k. This is why you don't really need 200k hands to know if you're a winner. You need like 9k-10k situations where you make decisions.
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