Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 03-23-2005, 12:55 PM
mack848 mack848 is offline
Senior Member
 
Join Date: Sep 2004
Posts: 105
Default Estimating the accuracy of an opponent\'s VPIP value

If your PT stats indicate that an opponent has a VPIP of 30% after 100 hands, how might you go about asigning confidence limits to this?

It's not that I am particularly interested in knowing this on a player-by-player basis, but that I am interested in finding out the likely level of precision for different numbers of hands and VPIP values. Should I take any notice of a VPIP value after 20/50/100/500 hands?

Clearly, the more hands you have, the more confident you could be that the VPIP accurately represents a players true VPIP.

Similarly, I assume that the lower the VPIP, the narrower the confidence interval would be?
Reply With Quote
  #2  
Old 03-23-2005, 02:33 PM
Paul2432 Paul2432 is offline
Senior Member
 
Join Date: Jun 2003
Location: Bryn Mawr, PA USA
Posts: 374
Default Re: Estimating the accuracy of an opponent\'s VPIP value

A reasonable estimate is to take 100%/sqrt(number of hands). The given VPIP should be within +/- the calculated value about 95% of the time.

For example after 100 hands you know the VPIP within +/-10% with 95% confidence.

Paul
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:03 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.