Chance of being breakeven after 7k hands
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 |
Re: Chance of being breakeven after 7k hands
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. |
Re: Chance of being breakeven after 7k hands
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... |
Re: Chance of being breakeven after 7k hands
[ QUOTE ]
EDIT: NM is was on the FAQ.... Yes I excaped from the Zoo... [/ QUOTE ] Priceless. |
Re: Chance of being breakeven after 7k hands
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[ QUOTE ] EDIT: NM is was on the FAQ.... Yes I excaped from the Zoo... [/ QUOTE ] Priceless. [/ QUOTE ] I did that just for you [img]/images/graemlins/smile.gif[/img] Notice I didn't edit out the question? I felt sharing the stupidity was in order. |
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