#231
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Re: September Low-Content Thread
[ QUOTE ]
clearly youre going to quit school so you might as well do it now. [/ QUOTE ] quitting school is a very big mistake. |
#232
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Re: September Low-Content Thread
[ QUOTE ]
[ QUOTE ] clearly youre going to quit school so you might as well do it now. [/ QUOTE ] quitting school is a very big mistake. [/ QUOTE ] not if the MPC has your back |
#233
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Re: September Low-Content Thread
when youve got a gambling problem has heavy as too many does, there's no way around the inevitable.
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#234
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Re: September Low-Content Thread
[ QUOTE ]
when youve got a gambling problem has heavy as too many does, there's no way around the inevitable. [/ QUOTE ] Ive been close too quitting many times. Its like the poker gods want me to, bc I run terrible in the summer and over xmas break, but like god during the school year and especially during exams. |
#235
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Re: September Low-Content Thread
how often should one expect to lose 150 big bets in a day?
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#236
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Re: September Low-Content Thread
whoops, make that 200 big bets. ty
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#237
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Re: September Low-Content Thread
[ QUOTE ]
whoops, make that 200 big bets. ty [/ QUOTE ] I usually quit before I get to that number in a day, but if I added up hrs as opposed to sessions I am sure I have had 2 or 3 200bb downswings in a 12 hr period at much lower stakes. I'm sure you feel much better now. |
#238
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Re: September Low-Content Thread
i don't even feel bad to be honest, i'm just amazed. i don't feel bad about losing money and i don't really feel good about winning money. but the things i have seen today have been pretty amazing. of course this whole year has been pretty amazing.
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#239
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Re: September Low-Content Thread
[ QUOTE ]
when youve got a gambling problem has heavy as too many does, there's no way around the inevitable. [/ QUOTE ] if this is true, all the more reason for him to stay in school. |
#240
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Re: September Low-Content Thread
I don't know if this is the type of answer you are looking for, but:
Many estimates indicate an standard deviation of about 17BB/100 for 6-8 player hold em poker. Let's assume your day was about 2000 hands online. The standard deviation goes as the sums of the squares so sqrt((17^2)x20) is about 76BB/100. If you are exactly a break-even player, a result of -150BB would be at minus two sigma, so it would happen about 2.25% of the time you play 2000 hands. If you are a winning player at 1.5 BB/100 and you lose 200 bets, that is an 'effective' swing of -230BB, which is close to -3 sigma. That should happen 0.12% of all 2000 hand sessions. This is assuming a normal distribution which is fairly good estimate for medium term poker results. |
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