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  #1  
Old 09-13-2007, 11:42 AM
ycjason ycjason is offline
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Default help on proving poker is not about luck

I want to create a graph to show to a friend to prove that poker is not about luck in the long run

for example, if I have the following data over reasonable sample size (does sample size even matter here? but let's say 50k hands at 1/2)
winrate = 5ptbb/100
SD/100 = 45ptbb

I want a graph that shows on Y Axis the % of likelihood that you will be a winner and X Axis the number of hands you played. I would imaging the graph should start around 50% and moving very close to 100% after 100k hands

Also, if possible, a graph that shows medium/average (even better if it's possible to get numbers of 25%, 50%, 75%) $$ won on Y Axis over # of hands played on X Axis.

Can someone good with stats help me generate those graphs or give me some hint on how to get the numbers (formulas, links).

Thanks a lot!
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  #2  
Old 09-13-2007, 12:04 PM
sawseech sawseech is offline
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Default Re: help on proving poker is not about luck

the median player loses and alot of the players above him lose too

rake
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  #3  
Old 09-13-2007, 12:07 PM
ycjason ycjason is offline
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Default Re: help on proving poker is not about luck

medium here is not the player's level, but luck factor. The player level is determined by winrate + SD

I am assuming the $$ won calculated over a # of random event should be a bell curve, and 25%, 50%, 75% would be 3 points on that curve. if we use the giving winrate (5ptbb/100) and SD (45ptbb/100), I am guessing even the 25% point should be a sizable winner over 100k hands. Oh, and rake shouldn't be a factor as it is already included in the winrate
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  #4  
Old 09-13-2007, 12:45 PM
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  #5  
Old 09-13-2007, 01:00 PM
ycjason ycjason is offline
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Default Re: help on proving poker is not about luck

I doubt a game where short term result track long term win rates could be very popular at all. Since in such a game, the losing player loses all the time (not a lot each time, but slowly and surely), what make you think they would want to play such a game?
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Old 09-13-2007, 01:07 PM
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  #7  
Old 09-13-2007, 03:22 PM
rufus rufus is offline
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Default Re: help on proving poker is not about luck

An alternative would be to demonstrate that skill is a big factor in a simpler game. For example, you could play a few rounds of one card limit poker (which is relatively easy to solve) against him, and see how he fares.
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  #8  
Old 09-13-2007, 06:39 PM
99killed 99killed is offline
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Default Re: help on proving poker is not about luck

simple dumb argument.
chess is all skill - lots of books written about it.
bingo is all luck - none or very feww books written about it.

lots of books written about poker, thus....
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  #9  
Old 09-13-2007, 07:30 PM
T50_Omaha8 T50_Omaha8 is offline
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Default Re: help on proving poker is not about luck

[ QUOTE ]
simple dumb argument.
chess is all skill - lots of books written about it.
bingo is all luck - none or very feww books written about it.

lots of books written about poker, thus....

[/ QUOTE ]I KNOW WHAT YOU'RE GETTING AT!

ROULETTE AND CRAPS ARE GAMES OF SKILL TOO!
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  #10  
Old 09-14-2007, 11:03 AM
ycjason ycjason is offline
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Default Re: help on proving poker is not about luck

no one here knows how to create those graphs??

I thought the first graph could be created using a formula similar to the Risk of Ruin calculation? can anyone who's familiar with that calculation give me some suggestions? thanks!
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