Re: Winrate Theory
One problem with this "worst possible loss rate" concept is that it implies that whatever is true for 10/20 NL is also true for 10/20 limit. that is, the "worst possible player" as you define him would lose exactly the same at a limit table by sitting out every hand as at a NL table.
If that number made positive is the highest sustainable winrate in NL, why isn't it also the highest sustainable winrate in limit? Nothing in your analysis is particular to NL. I think it is just a coincidence that NL win rates are in the same neighborhood as the number you calculated.
The escalting blinds (6 BB/58BB) comparison quantifying the size of NL games relative to limit games is a good one, and germane to the winrate discussion, as is the size of mistakes your opponents tend to make.
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