Re: SnG Total winnings and ROI confidence intervals--Monte Carlo estimates
 

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If I'm interpreting it correctly, after 1000 SNGs, if your ROI is -0.011 , you are 95% confident that you are an above average player?

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In some sense the average player HAS to have a -9.09 ROI (from the rake). Assuming average means equal chance of going out 1st - 10th then yes -1.1% ROI is statistically significantly above -9.09% ROI for 1000 SnGs.



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When most people discuss ROI here, they include the rake. eg, Play 10 $10+1 and win $110 means 0% ROI. I think it makes sense to use this convention both in order to avoid misunderstandings like this and because you are investing that extra (rake) dollar.

Re: SnG Total winnings and ROI confidence intervals--Monte Carlo estimates
 

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When most people discuss ROI here, they include the rake. eg, Play 10 $10+1 and win $110 means 0% ROI. I think it makes sense to use this convention both in order to avoid misunderstandings like this and because you are investing that extra (rake) dollar.

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I included the rake in the ROI calculations. That is why the average person is -9.09% ROI. Maybe I am missing something about convention?

Question: I have the data ready for the other ROI levels. Am I screwed if I don't have a webserver to host the images for the tables?!?

Pokerscott