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  #1  
Old 04-24-2005, 05:41 AM
FieryJustice FieryJustice is offline
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Join Date: Apr 2005
Posts: 290
Default Variance is dumb

Well, for the past few days, I have been slightly up, making about 5% roi until Sunday night from 2:15-4:45 AM. I played 11 games with ITM of 74% with a ROI of 185%. Results were like this:
1 6
2 1
3 1
OTM 3

This really makes no logical sense to me at all. I was playing normally, I think. I did win a few 3 outers, which usually does not happen and I did not lose too many 3 outers. I just find it odd how I can break even for about 100 games then win $4.5K in 11 games. I guess it is something I will have to learn to deal with. I'm just glad there is no way to lose 4.5K in 11 games!

~Jcardshark
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  #2  
Old 04-24-2005, 05:44 AM
barycentric barycentric is offline
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Join Date: Apr 2005
Posts: 97
Default Re: Variance is dumb

Enjoy the bright side of variance [img]/images/graemlins/wink.gif[/img]
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  #3  
Old 04-24-2005, 10:40 AM
J-Lo J-Lo is offline
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Join Date: Mar 2004
Posts: 1
Default Re: Variance is dumb

[ QUOTE ]
I'm just glad there is no way to lose 4.5K in 11 games!

~Jcardshark

[/ QUOTE ]

Just ask raptor about the step 5's.
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  #4  
Old 04-24-2005, 11:41 AM
Maulik Maulik is offline
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Location: 30 + rake
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Default Re: Variance is dumb

replace dumb with fun =]
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  #5  
Old 04-24-2005, 05:29 PM
Blarg Blarg is offline
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Join Date: Jun 2004
Posts: 1,519
Default Re: Variance is dumb

It can also feel dumb how the results of just a few coinflips can have such an influence over your ROI.
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  #6  
Old 04-24-2005, 05:37 PM
Pokerscott Pokerscott is offline
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Join Date: Jan 2005
Posts: 173
Default Re: Variance is dumb

[ QUOTE ]
Well, for the past few days, I have been slightly up, making about 5% roi until Sunday night from 2:15-4:45 AM. I played 11 games with ITM of 74% with a ROI of 185%. Results were like this:
1 6
2 1
3 1
OTM 3

This really makes no logical sense to me at all. I was playing normally, I think. I did win a few 3 outers, which usually does not happen and I did not lose too many 3 outers. I just find it odd how I can break even for about 100 games then win $4.5K in 11 games. I guess it is something I will have to learn to deal with. I'm just glad there is no way to lose 4.5K in 11 games!

~Jcardshark

[/ QUOTE ]

This has been my typical pattern as well. Days and days of breakeven poker then a few good runs. Wash/rinse/repeat. It works out to 20% ROI, but so much of it is playing good poker to scratch out 0%ROI during runs of bad beats followed by a huge run (including your own suckouts) to bust out to the next bankroll level.



Pokerscott
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  #7  
Old 04-25-2005, 03:02 AM
raptor517 raptor517 is offline
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Join Date: Jan 2004
Posts: 7
Default Re: Variance is dumb

oh god, please dont ask raptor about the step 5s. and yea, as for losing 4.5k in 11 games, try 10k. ugh. holla
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