Standard Deviation Question

#1 08-05-2002, 09:01 PM

I just calculated my standard deviation over the last 87 sessions. I've never done this before and am not sure that I did it accurately.

I play 9/18 HE, made 1.87 BB/hour for 87 sessions, 650 hours total - SD of 705. This seems high to me, but I don't really know, maybe it's accurate. If anyone is willing to take a look at my spreadsheet and check my numbers, please let me know - I can email it to you.

Also, if you think this number is reasonable or unreasonable, please feel free to let me know what the reasonable range is.

Thanks,

soda

#2 08-06-2002, 04:31 AM

soda,

Your number seems high, It should probably be between 7 and 15 big bets an hour depending on how wild the game you play in is, and how volatile a player you are.

Good luck,

Play well,

Bob T.

#3 08-06-2002, 06:45 AM

Tell us what steps you took to calculate it.

#4 08-06-2002, 11:01 AM

You need to use Mason's formula to compute hourly SD.

#5 08-07-2002, 10:30 PM

You can download my excel spreadsheet. It will calculate your hourly rate and s.d. using Mason's formula. It does this both in terms of big bets as well as dollars.