Re: How many BB/100Hands are considerd good?
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Awesome pokerboy! Thanks.
I tried to work this out with an old textbook once and got seriously confused.
This should be stickied (or paste it into a new post and sticky).
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If you want something like this stickied it's probably good if we also include a disclaimer that all this supposes that your win/loss on any given hand (or at least every sample of 100 hands) is normally distributed... while this certainly isn't correct most of the things we do like finding a 95% confidence interval are still reasonably accurate. We should also include how to use a z-table to do things like find a confidence interval for any level of confidence you like, and do things like finding the probability that your 'true' winrate is bigger/smaller than some given value. If there's demand for it I'm sure pokerboy or I can write something like this up sometime this weekend.
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