In the library with the
candlestick holder, but WHO did it ?
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A friend (GF's friend to be precise) just gave me her records for 2005; they were quite impressive though incomplete. Here's what I do have . . .
3- 6 limit holdem: 145,000 hands, W/R 2.07 big bets/100 hands
5-10 limit holdem: 47,000 hands, W/R 1.68 big bets/100 hands
8-16 limit holdem: 29,000 hands, W/R 2.49 big bets/100 hands
3- 6 limit stud : 78,000 hands, W/R 2.61 big bets/100 hands
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She showed a profit at all other limts/games (2-4 and 3-6 Omaha/8, 1-2 and 2-4 [blinds] NL holdem, 1-2, 2-4 and 3-6 [blinds] Hi-only PL Omaha, and some 2-4 and 3-6 hi-draw) but the total number of hands at all these combined was less than 50,000, and if she broke these down by game she didn't tell me of it. (Note: The profit from these "other" games was nominal).
I referred to these records as incomplete since no effort was made to calculate S-D., no tallies were kept regarding swings - either up or down - and, there were no records for individual sessions.
Here is my/her question.
Having zero knowledge of the types of games but precise knowledge of the win rate (for what most would agree is a fairly large sample), how accurately can we estimate her S-D and/or confidence level ?
Using the 3-6 holdem as an example (since it has the largest sample size) . . .
What is the consensus estimate of the following -
1. Likelyhood that this person is at least a 1 big bet/100 hand winning player ?
- I am under the assumption that this is a virtual certainty.
2. Likelyhood that she is at least a 1.25 big bet/100 hand winning player ?
- I have this as upwards of 95% but I am very open to the idea that I am dead wrong about this one.
3. 1.5 b-b/100 ?
- Far more likely than not (75% ?) but this is the one about which I'll not be at all suprised to find I was mistaken in my estimate.
4. If we can formulate a reasonable guess as to her S-D that would be great as well.
- If it helps, she is nothing if not solid though by her own admission somewhat risk averse; her win rate is (and likely will continue to be) held down by this unwillingness to push small edges.
. . . Then again, if she can win a few hundred over the next week she'll clear 50k for the year after first learning the game in 2004 - I wish I'd made that in my 2nd year - or 3rd, or 4th. (Or 12th [img]/images/graemlins/cool.gif[/img]).
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There is consistency here; the drop when moving from 3-6 to 5-10 is as would be expected, and the surge at 8-16 can be explained away as extremely dilligent game selection. (In this case, "selection" is a slight misnomer since it refers to whether or not to play, not to which game to sit in; there is rarely more than one 8-16; often there are none.)
Thanks to all who take the time to tackle this one; I'd like to help her if I could.
She's my fiance's best friend - MAJOR suckup points are at stake here. [img]/images/graemlins/grin.gif[/img]
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