View Full Version : When do you know if you are a long-term winning player?
giddyup
07-11-2005, 02:03 PM
so i have been playing 3/6 full ring, but mostly 5/10 6 max at Party. my BB/100 is about 2 over the course of 50k+ hands. i was just wondering if anyone has an idea about when variance has been exhausted (or mostly exhausted) and at what point a player can be called a long-term winning player. Is there a standard range of hands for this type of thing?
PokerBob
07-11-2005, 02:09 PM
Without knowing anything else, I think once you get to 200K hands and are still above 2, you can be pretty confident. I hate Jason Sasser.
I dunno, I've been constructing a confidance interval using our sample mean and st. deviation.
Over 15k hands I'm 98.4% confidant my true mean lies over 0.0 BB/100 and 81.3% confidant my true mean is 2.0 BB/100 or more (I've been running goot).
So seems like much less than 200k hands is needed to make conjectures about this, am I missing something?
Grisgra
07-11-2005, 02:22 PM
[ QUOTE ]
I dunno, I've been constructing a confidance interval using our sample mean and st. deviation.
Over 15k hands I'm 98.4% confidant my true mean lies over 0.0 BB/100 and 81.3% confidant my true mean is 2.0 BB/100 or more (I've been running goot).
So seems like much less than 200k hands is needed to make conjectures about this, am I missing something?
[/ QUOTE ]
Nope. You may need 200k hands to know your winrate with 0.5BB or so, but you typically need much fewer hands to know whether you're a winning player or not.
Of course there's a big difference between being a trivial winner (0.1BB/100) and a non-trivial winner (I'd put it at 1BB/100).
I think you can also just know.
sublime
07-11-2005, 02:34 PM
when i say so
Homer's How many hands do I need thread will answer all your questions (http://forumserver.twoplustwo.com/showflat.php?Cat=&Board=inet&Number=1342415&fpart= 1&PHPSESSID=)
7ontheline
07-11-2005, 04:18 PM
When they pry your mouse out of your cold, dead hand, if the numebr in Pokertracker is green you are a winning player. Or do all this pu$$y math crap, you know, whatever.
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