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  #41  
Old 06-25-2007, 05:28 PM
Josh. Josh. is offline
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Default Re: please post longterm ptbb at given stakes

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plz come up with an exact number where they converge with reasoning, otherwise i will just continue to think you have no statistical background at all. why is 150k the magic number? how do you take in account the level that a player is playing at? why can't players be playing like [censored] for 30k hands?

yadadada

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150K is not a "magic number". I just threw out an arbitrarily large number that is not quite the long run but not quite meaningless.

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To calculate this you'd need to know a typical standard deviation for aggressive, short handed games. You can get this in PokerTracker by clicking "more detail" on the session notes tab. The value will be in BB/100.

Once you have this, you can calculate the 95% confidence interval around your winrate like this:

true winrate = reported winrate ± 1.96 * standard_deviation/sqrt(hands/100)

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and 1 in 20 times, a persons true winrate will be outside the range you get from this calculation

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side note....that equation is most likely worthless as it doesn't look like poker winrates are gaussian when scatter plotted. YOu need a different distribution assumption IMO.

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yeah that or a simulation, which is probably easier
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  #42  
Old 06-25-2007, 08:18 PM
HEK HEK is offline
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Default Re: please post longterm ptbb at given stakes

i believe it's impossible for someone's winrate to "converge"
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  #43  
Old 06-25-2007, 08:24 PM
silenced silenced is offline
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Default Re: please post longterm ptbb at given stakes

5ptbb/100 at 2/4NL FTP
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  #44  
Old 06-25-2007, 08:31 PM
ArturiusX ArturiusX is offline
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Default Re: please post longterm ptbb at given stakes

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i believe it's impossible for someone's winrate to "converge"

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Correct. Game selection dynamics make it impossible.

Scorer, you seem to have an obsession with winrate. Its easily the most irrelovent stat in pokertracker.
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  #45  
Old 06-25-2007, 08:50 PM
wpr101 wpr101 is offline
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Default Re: please post longterm ptbb at given stakes

I'm surprised; some of the winrates seem pretty high. But I guess that is good because it means poker it still profitable for us.
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  #46  
Old 06-25-2007, 08:53 PM
Josh. Josh. is offline
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Default Re: please post longterm ptbb at given stakes

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I'm surprised; some of the winrates seem pretty high. But I guess that is good because it means most people are lying, exaggerating, or filtering.

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fyp
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  #47  
Old 06-25-2007, 08:57 PM
True True is offline
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Default Re: please post longterm ptbb at given stakes

anyone saying "post more than 150k", why would anyone with a good winrate have 150k hands?
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  #48  
Old 06-25-2007, 08:58 PM
Josh. Josh. is offline
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Default Re: please post longterm ptbb at given stakes

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anyone saying "post more than 150k", why would anyone with a good winrate have 150k hands?

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haven't you played a lot more than that at 2/5 with a big winrate?
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  #49  
Old 06-25-2007, 09:06 PM
whittiphil whittiphil is offline
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Default Re: please post longterm ptbb at given stakes

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I'm surprised; some of the winrates seem pretty high. But I guess that is good because it means poker it still profitable for us.

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Anyone with a higher than average winrate for a winning poker player on 2p2 has posted here. Self-selection bias
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  #50  
Old 06-25-2007, 09:22 PM
True True is offline
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Default Re: please post longterm ptbb at given stakes

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anyone saying "post more than 150k", why would anyone with a good winrate have 150k hands?

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haven't you played a lot more than that at 2/5 with a big winrate?

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maybe, but i only have 25k hands in my PT [img]/images/graemlins/wink.gif[/img].
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