View Full Version : Chance of being breakeven after 7k hands
emil3000
09-13-2005, 02:57 PM
What are the chances of being breakeven after 7k hands limitassuming:
1) you're a 2BB/100 winner
2 you're a 1 BB/100 winner
How do I figure stuff like this out on my own?
Do you need SD and stuff to do these calculations? If so my SD is 17BB/100
ChromePony
09-13-2005, 07:25 PM
Let me take a stab at this, but I always somehow screw it up.
1) 7k hands at 2/100 is an EV of 140bb, SD over the same period is 17*sqrt(70)=142.2. How convenient...so approximately you're off by 1 SD. Exactly, NORMSDIST(-140/142.2) = 16.2% so you will be breakeven or worse this often.
2) Rather similar, this time youre 70BB off your EV. NORMSDIST(-70/142.2) = 31.1%.
I'll let you experts clean up any mess I made.
BB=Big Bet
bb = Big Blind
I'm getting mixed up here, is that correct or do I still have it wrong?
EDIT: NM is was on the FAQ.... Yes I excaped from the Zoo...
[ QUOTE ]
EDIT: NM is was on the FAQ.... Yes I excaped from the Zoo...
[/ QUOTE ]
Priceless.
[ QUOTE ]
[ QUOTE ]
EDIT: NM is was on the FAQ.... Yes I excaped from the Zoo...
[/ QUOTE ]
Priceless.
[/ QUOTE ]
I did that just for you /images/graemlins/smile.gif
Notice I didn't edit out the question? I felt sharing the stupidity was in order.
vBulletin® v3.8.11, Copyright ©2000-2024, vBulletin Solutions Inc.