Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Poker Discussion > Poker Beats, Brags, and Variance
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 07-06-2007, 04:46 PM
Leo Doyle Leo Doyle is offline
Junior Member
 
Join Date: Jun 2007
Posts: 23
Default Variance, & Statistical Probability

I'm trying to work out the statistical probability that I am a winning player, and whether I can state this within a defined range i.e. <font color="blue"> </font> There is a 99% statistical probabiity that my ROI is between -5% and 15%.

On Sharkscope I have a 10% ROI (admitidly the graph has just peaked), but I started off losing around $100 then turned it around and I'm about $185 in profit after 220 some games playing sit and go heads up and MTT but mainly STT. average stake $7.

I feel i've not been playing too well, and know I can play better, but enjoy playing too much to stop when I'm tilting slightly. With such a small sample size with how much confidence can I say I'm a winning player.

My Pokerstars ID is Leo Doyle
Reply With Quote
  #2  
Old 07-06-2007, 04:51 PM
losingdonkey losingdonkey is offline
Senior Member
 
Join Date: Dec 2006
Location: Tilt
Posts: 1,508
Default Re: Variance, & Statistical Probability

there is a large chance that you are a donk
Reply With Quote
  #3  
Old 07-06-2007, 04:55 PM
illegit illegit is offline
Senior Member
 
Join Date: Jun 2005
Location: I Pet the Bot
Posts: 1,893
Default Re: Variance, & Statistical Probability

There's a 100% chance (+/- 0%), this thread is awful.
Reply With Quote
  #4  
Old 07-06-2007, 04:55 PM
Drjamescrow Drjamescrow is offline
Member
 
Join Date: Feb 2006
Posts: 78
Default Re: Variance, & Statistical Probability

i did all the math for you because i was a stat major in college. it took me quite a while, but i enjoy the math and like to help people. the results of my work conclude that you have a 50% chance of being a winning player because you either are or you arent.
Reply With Quote
  #5  
Old 07-06-2007, 05:12 PM
AbreuTime AbreuTime is offline
Senior Member
 
Join Date: Sep 2006
Location: arguing the Comcast
Posts: 1,896
Default Re: Variance, & Statistical Probability

Is there a question?
Do you seek affirmation?
Why did you post this?
Reply With Quote
  #6  
Old 07-06-2007, 05:23 PM
Savant Savant is offline
Senior Member
 
Join Date: Jun 2007
Location: Parts Unknown
Posts: 392
Default Re: Variance, & Statistical Probability

You don't post this [censored] in BBV, Leo.
Reply With Quote
  #7  
Old 07-06-2007, 07:54 PM
Leo Doyle Leo Doyle is offline
Junior Member
 
Join Date: Jun 2007
Posts: 23
Default Re: Variance, & Statistical Probability

Well suppose the answer to this one is, who cares???

Maybe if I rephrase - Looking at mainly sit n go's how many games is a relatively decent sample size?

My reason for posting here is because I thought it would have to do with variance, if not where should I ask?

((Probably should have let this one disappear, surely going to get nothing but slated again))
Reply With Quote
  #8  
Old 07-06-2007, 07:56 PM
keikiwai keikiwai is offline
Senior Member
 
Join Date: Feb 2005
Location: Hi. My name is Rosa Kato <3
Posts: 19,541
Default Re: Variance, & Statistical Probability

[ QUOTE ]
Well suppose the answer to this one is, who cares???

Maybe if I rephrase - Looking at mainly sit n go's how many games is a relatively decent sample size?

My reason for posting here is because I thought it would have to do with variance, if not where should I ask?

((Probably should have let this one disappear, surely going to get nothing but slated again))

[/ QUOTE ]

you want to post this in BBV4Life

in regular BBV people only care about the B&amp;B... it takes a lifer to care about the V
Reply With Quote
  #9  
Old 07-06-2007, 07:59 PM
CandyCornsLOL CandyCornsLOL is offline
Senior Member
 
Join Date: Jun 2007
Posts: 126
Default Re: Variance, & Statistical Probability

Wow, I lol'ed at several of these replies
Reply With Quote
  #10  
Old 07-06-2007, 07:59 PM
Hattifnatt Hattifnatt is offline
Senior Member
 
Join Date: Feb 2005
Location: FT
Posts: 8,202
Default Re: Variance, & Statistical Probability

[ QUOTE ]
There's a 100% chance (+/- 0%), this thread is awful.

[/ QUOTE ]
I think it has some potential.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 03:00 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.