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Old 08-14-2005, 08:15 PM
adios adios is offline
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Join Date: Sep 2002
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Default Re: continuing 300 Bb thread

One thing I'd like to point out that is somewhat related. Mason writes in is Gambling Theory and Other Topics books about great players and how their standard deviation goes up a lot to earn an extra 10% or so because they take alot more risk to earn the extra 10% or so. In other words the relationship between their win rate and standard deviation deteriorates a lot even though their EV increases. So I suppose it depends somewhat on how you can handle downswings. If a losing month doesn't bother you all that much and/or you're willing to go broke then that's something different. With that said I agree that big downswings are most likely due to bad play and/or games where your edge isn't very big or you're the live one.
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