Average $/hr

Marm · #1 11-08-2004, 02:28 AM

I have been keeping a pretty accurate log of my poker playing for the past year or so. I want to know what is the correct/better way to figure average $/hr won ( and/or BB/hr)

I have 2 ways to do this in Excel (the log I use), 1) each session has a $/hr won entry (it figures it out for me), Do I average these figures out, or do I 2)take the total profit over total hours?

On some of my logs that I don't have many entries for (like Limit 7 stud) Method 1 gives me a Negative number while method 2 gives a positive one.

Which is most accurate?

Reef · #2 11-08-2004, 06:44 AM

get Poker tracker. It's worth every penny of the $55 charge

Evan · #3 11-08-2004, 06:52 AM

take the total profit over total hours. After you waste your time doing that go buy Poker Tracker.

D.H. · #4 11-08-2004, 08:35 AM

[ QUOTE ]
Method 1 gives me a Negative number while method 2 gives a positive one.

Which is most accurate?

[/ QUOTE ]

Method 2 is not only more accurate, it is actually correct.

mistrpug · #5 11-08-2004, 11:02 AM

[ QUOTE ]
Which is most accurate?

[/ QUOTE ]

There is no "most" accurate. It's accurate or it's not. Method two is accurate. Method one is not.

deacsoft · #6 11-08-2004, 01:15 PM

I will stand by my claim that $/HOUR win rates are flawed. There is no measure as to how many hands have taken place over that hour. I believe $/100 HANDS to be a far more accurate win rate..

JasonP530 · #7 11-08-2004, 04:39 PM

Method 2 is more correct. However, you need to allow for the number of hands played. Sometimes you play more, and sometimes less. Perhaps your win rate is higher with more/less games played. You need to consider this in evaluating your play.

Marm · #8 11-09-2004, 01:37 AM

I'm looking for strictly y per x theory here, not what exaclty I need to be measuring. I already do $/hr, $/100 hands, bb/hr, bb/100, $/session, etc....

SO what does the average of each session $/hr give us? A measure of variance?

Maybe I should have psoted this in another forum to get the answer I'm really looking for.

D.H. · #9 11-09-2004, 04:44 AM

[ QUOTE ]
SO what does the average of each session $/hr give us?

[/ QUOTE ]

It gives you an incorrect $/hr since you don't take the length of the sessions into account. If all sessions had the same length, this method would also give you the correct answer.

D.H. · #10 11-09-2004, 04:48 AM

[ QUOTE ]
Method 2 is more correct. However, you need to allow for the number of hands played.

[/ QUOTE ]

Depends on what you're gonna use the number for. If you want it for evaluating your play then BB/100 is better. But if you want it for determining how much money you will make playing poker then BB/hr is better.