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Old 06-08-2005, 03:01 PM
AaronBrown AaronBrown is offline
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Join Date: May 2005
Location: New York
Posts: 505
Default Re: Question for experienced players

First of all, "winning" player means for the type of play you do. Everyone is a winner for some games, few of us are winners in all games. Moreover, even successful players have runs of better and worse play, they're constantly adjusting. So a winning player can hit a long losing slide, and a losing player can hit by luck on a good strategy for a while.

As a very general rule of thumb for limit play, controlled players have a standard deviation per hand roughly 100 times their win rate. That means a losing player is going to be ahead after 10,000 hands about 16% of the time. He will be ahead after 40,000 hands only about 5% of the time. So if you play 40,000 hands at a significant net profit, you can be pretty confident that it's not all luck.

If you are a wild player, or you constantly change strategy, the above does not apply.
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