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
  #41  
Old 05-10-2007, 11:47 AM
Stake Monster Stake Monster is offline
Senior Member
 
Join Date: Jan 2007
Location: chair
Posts: 2,734
Default Re: i got crushed by 25NL (GRAPH!)

like they said, your postflop game must be awful. just play straight up and bet when you have the goods. ppl at 25NL don't fold.
Reply With Quote
  #42  
Old 05-10-2007, 11:59 AM
BuddyQ BuddyQ is offline
Senior Member
 
Join Date: Aug 2006
Posts: 461
Default Re: i got crushed by 25NL (GRAPH!)

All I see is a an approx. 9,000 hand downswing. There is a substantial chance this is just variance and OP is actually a long-term winning player. The again, it might not be.
Reply With Quote
  #43  
Old 05-10-2007, 12:09 PM
Rainclouds Rainclouds is offline
Senior Member
 
Join Date: Feb 2007
Location: weeee graduated
Posts: 1,448
Default Re: i got crushed by 25NL (GRAPH!)

[ QUOTE ]
All I see is a an approx. 9,000 hand downswing. There is a substantial chance this is just variance and OP is actually a long-term winning player. The again, it might not be.

[/ QUOTE ]
Statistically there's an about 2% chance this is a winning player (assuming $1.50/hand SD blah blah). That's not substantial.

Also, what a waste of time to play 18k hands on micro stakes and end up losing [img]/images/graemlins/crazy.gif[/img]
Reply With Quote
  #44  
Old 05-10-2007, 12:28 PM
BuddyQ BuddyQ is offline
Senior Member
 
Join Date: Aug 2006
Posts: 461
Default Re: i got crushed by 25NL (GRAPH!)

[ QUOTE ]
[ QUOTE ]
All I see is a an approx. 9,000 hand downswing. There is a substantial chance this is just variance and OP is actually a long-term winning player. The again, it might not be.

[/ QUOTE ]
Statistically there's an about 2% chance this is a winning player (assuming $1.50/hand SD blah blah). That's not substantial.

Also, what a waste of time to play 18k hands on micro stakes and end up losing [img]/images/graemlins/crazy.gif[/img]

[/ QUOTE ]

Maybe he likes 25NL. Anyway, suppose he played 1 million hands of 25NL, just for kicks. The is a virtual certainty of several 9k downswings. Or, maybe he has not moved up because his last 9,000 hands have been a downswing, which could as I said be entirely because of adverse variance - bad luck. You 2% number is absurd.
Reply With Quote
  #45  
Old 05-10-2007, 12:44 PM
Rainclouds Rainclouds is offline
Senior Member
 
Join Date: Feb 2007
Location: weeee graduated
Posts: 1,448
Default Re: i got crushed by 25NL (GRAPH!)

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
All I see is a an approx. 9,000 hand downswing. There is a substantial chance this is just variance and OP is actually a long-term winning player. The again, it might not be.

[/ QUOTE ]
Statistically there's an about 2% chance this is a winning player (assuming $1.50/hand SD blah blah). That's not substantial.

Also, what a waste of time to play 18k hands on micro stakes and end up losing [img]/images/graemlins/crazy.gif[/img]

[/ QUOTE ]

Maybe he likes 25NL. Anyway, suppose he played 1 million hands of 25NL, just for kicks. The is a virtual certainty of several 9k downswings. Or, maybe he has not moved up because his last 9,000 hands have been a downswing, which could as I said be entirely because of adverse variance - bad luck. You 2% number is absurd.

[/ QUOTE ]
Do you know anything about statistics?
Here there are 18K hands, not a million.
A standard deviation of $1.50 per hand is pretty average on 25NL. In 18K hands, the SD is (square root of 18K) * $1.50 = $200. OP has lost over 2 times the SD. That means that the chance that his actual winrate is >0, is less than 2.5%.

Edit: Cliffnotes: IMTHEWORST LOSES.
Reply With Quote
  #46  
Old 05-10-2007, 12:51 PM
BJJIII BJJIII is offline
Senior Member
 
Join Date: Jan 2007
Location: Grinding on internets
Posts: 393
Default Re: i got crushed by 25NL (GRAPH!)



[/ QUOTE ]
Do you know anything about statistics?
Here there are 18K hands, not a million.
A standard deviation of $1.50 per hand is pretty average on 25NL. In 18K hands, the SD is (square root of 18K) * $1.50 = $200. OP has lost over 2 times the SD. That means that the chance that his actual winrate is >0, is less than 2.5%.



[/ QUOTE ] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img]
Reply With Quote
  #47  
Old 05-10-2007, 12:53 PM
Rainclouds Rainclouds is offline
Senior Member
 
Join Date: Feb 2007
Location: weeee graduated
Posts: 1,448
Default Re: i got crushed by 25NL (GRAPH!)

[ QUOTE ]
[img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img]

[/ QUOTE ]
cliffnotes included to clarify.
Reply With Quote
  #48  
Old 05-10-2007, 01:05 PM
BuddyQ BuddyQ is offline
Senior Member
 
Join Date: Aug 2006
Posts: 461
Default Re: i got crushed by 25NL (GRAPH!)

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
All I see is a an approx. 9,000 hand downswing. There is a substantial chance this is just variance and OP is actually a long-term winning player. The again, it might not be.

[/ QUOTE ]
Statistically there's an about 2% chance this is a winning player (assuming $1.50/hand SD blah blah). That's not substantial.

Also, what a waste of time to play 18k hands on micro stakes and end up losing [img]/images/graemlins/crazy.gif[/img]

[/ QUOTE ]

Maybe he likes 25NL. Anyway, suppose he played 1 million hands of 25NL, just for kicks. The is a virtual certainty of several 9k downswings. Or, maybe he has not moved up because his last 9,000 hands have been a downswing, which could as I said be entirely because of adverse variance - bad luck. You 2% number is absurd.

[/ QUOTE ]
Do you know anything about statistics?
Here there are 18K hands, not a million.
A standard deviation of $1.50 per hand is pretty average on 25NL. In 18K hands, the SD is (square root of 18K) * $1.50 = $200. OP has lost over 2 times the SD. That means that the chance that his actual winrate is >0, is less than 2.5%.


[/ QUOTE ]

lol. 18k hands is NOTHING. You are basing your 'statistical model' on a vastly inadequate sample size. Repeat: OP could be a loser by chance alone. What are the chances of that? Who knows, the sample size is way too small to mean anything.
Reply With Quote
  #49  
Old 05-10-2007, 02:42 PM
lucktard lucktard is offline
Senior Member
 
Join Date: Jun 2005
Location: writing in poop upon the wall of toads
Posts: 153
Default Re: i got crushed by 25NL (GRAPH!)

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
All I see is a an approx. 9,000 hand downswing. There is a substantial chance this is just variance and OP is actually a long-term winning player. The again, it might not be.

[/ QUOTE ]
Statistically there's an about 2% chance this is a winning player (assuming $1.50/hand SD blah blah). That's not substantial.

Also, what a waste of time to play 18k hands on micro stakes and end up losing [img]/images/graemlins/crazy.gif[/img]

[/ QUOTE ]

Maybe he likes 25NL. Anyway, suppose he played 1 million hands of 25NL, just for kicks. The is a virtual certainty of several 9k downswings. Or, maybe he has not moved up because his last 9,000 hands have been a downswing, which could as I said be entirely because of adverse variance - bad luck. You 2% number is absurd.

[/ QUOTE ]
Do you know anything about statistics?
Here there are 18K hands, not a million.
A standard deviation of $1.50 per hand is pretty average on 25NL. In 18K hands, the SD is (square root of 18K) * $1.50 = $200. OP has lost over 2 times the SD. That means that the chance that his actual winrate is >0, is less than 2.5%.


[/ QUOTE ]

lol. 18k hands is NOTHING. You are basing your 'statistical model' on a vastly inadequate sample size. Repeat: OP could be a loser by chance alone. What are the chances of that? Who knows, the sample size is way too small to mean anything.

[/ QUOTE ]

Yes it is a total mystery. the world will never know.
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 05:18 PM.


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