#1
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Average Positive/Negative Session (xpost)
Also posted in probability.
Given a winrate in BB/100, a SD, and a # of hands, how would I figure out the mean positive or negative session? I know there has to be a way to calculate this, but I can't figure it out. |
#2
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Re: Average Positive/Negative Session (xpost)
I'm probably not understanding your question right, but if you win 2bb/100 and play 1000 hands your average session will be +20 BB.
Ponks |
#3
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Re: Average Positive/Negative Session (xpost)
I'm trying to figure out the mean of the set all sessions with a result >0BB and all session with a result <0BB. So maybe if I play 2000 hands a session, if I have a winning session it will be +30BB on average, and if I end up losing, it will be -10BB on average. I can't think of a good way to put it.
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#4
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Re: Average Positive/Negative Session (xpost)
It depends. If your session results follow a known distribution, such as the Gaussian (normal) distribution, it is trivially easy. If your sessions follow a skewed distribution (for example, you usually either win a lot or lose a moderate amount), you may just have to go with actually recording data and computing it by hand.
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#5
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Re: Average Positive/Negative Session (xpost)
[ QUOTE ]
I'm trying to figure out the mean of the set all sessions with a result >0BB and all session with a result <0BB. So maybe if I play 2000 hands a session, if I have a winning session it will be +30BB on average, and if I end up losing, it will be -10BB on average. I can't think of a good way to put it. [/ QUOTE ] I know what you're saying now, and I'm not sure how to figure it out myself :] Ponks |
#6
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Re: Average Positive/Negative Session (xpost)
Yes, assuming a normal distribution. Given a BB/100, SD/100 and # of hands we can get a mean session result and standard deviation. So if I play 2000 hands with a winrate of 2 BB/100 and sd/100 of 15, I'll make on average 40 BB, with a SD of 67 BB. Now how do I find the average of all results >0? This may be trivial but I can't figure it out. And I sold my textbooks that deal with this kind of thing.
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#7
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Re: Average Positive/Negative Session (xpost)
[ QUOTE ]
Also posted in probability. Given a winrate in BB/100, a SD, and a # of hands, how would I figure out the mean positive or negative session? I know there has to be a way to calculate this, but I can't figure it out. [/ QUOTE ] See my reply in the probability forum. |
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