Re: A modest improvement in winrate estimation after Poker EV..
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I used PokerEV to adjust the all in hands that fell outside 3 standard deviations from my mean winrate.
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Why didn't you adjust all of the all-in hands? Setting a threshold like that can bias the results, just like adjusting only the hands you won would bias the results.
Since the folded hands are not random, the Sklansky dollar calculation is not exact. This can introduce a bias into the results.
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The analysis in this article shows that on one set of PLO data, Sklansky $$$ adjustment of poker results provides an approximate 25% correction of a true EV winrate, 45% improvement on standard deviation, and therefore a partial narrowing of the winrate confidence interval.
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The 25% change in win rate is not particularly meaningful. You could easily get a radically different figure, e.g., if you came out slightly behind, you could end up adjusting your win rate by -12000%.
The 35% (not 45%) reduction in the standard deviation is meaningful.
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