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Old 12-13-2005, 03:05 AM
tommo tommo is offline
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Join Date: Dec 2004
Location: Washington University St.Louis
Posts: 50
Default Re: confidence of being better?

[ QUOTE ]
The key variable is the standard deviation. It's hard to guess without knowing the styles of the players, but say it's 10 BB/100 hands. In that case, after a million hands, the better player is expected to be up by 1,000 BB, with a standard deviation of 1,000 BB. There's about 5 chances in 6 that he's ahead.

After 4 million hands, the better player is expected to be up 4,000 BB, with a standard deviation of 2,000. Two standard deviations is conventionally considered to be significant; so I guess that's a reasonable answer.

[/ QUOTE ]

can you explain to me real quick how you used a standard deviation of 10BB/100 to acheive a standard deviation of 1,000 over 1 million hands?
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