Re: How many hands for Std. Deviation to Converge?
Sorry to threadjack (AaronBrown seems have answered the question already anyways) but can someone post their thoughts on standard deviation and how it is seemingly 5x the size of a winrate (i.e. 3BB/100, s.d. of +/- 15BB/100)?
From what I recall about s.d. in my early days with normal distributions, 68% of all possibilities lie within 1 s.d. of the mean. So in the 32%/2=16% of the best/worst possible outcomes, your winrate is -12BB/100 or worse OR +18BB/100 or better?
Is this correct, or oversimplified? Also, is there any reason not to assume a normal distribution? Even if a hand doesn't follow this, with the CLT I think that it should.
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