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  #11  
Old 03-05-2005, 10:21 PM
bottomset bottomset is offline
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Default Re: What is a solid win rate at party .50/1?

its unlikely you should ever still be hanging out at .5/1 long enough to find out
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  #12  
Old 03-06-2005, 02:52 AM
MarkGritter MarkGritter is offline
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Location: Eagan, MN
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Default Re: What is a solid win rate at party .50/1?

[ QUOTE ]

If your Standard Deviation is the typical ~15BB/100 hands, you need 202.5K hands to be ~99% confident that your true win rate is within +/- 1BB of your apparent win rate.


[/ QUOTE ]

Eh, a lot of science gets done at the 95% confidence interval. It's fine with me to be wrong that often. That works out to 900 samples, or 90K hands.
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  #13  
Old 03-06-2005, 08:00 AM
Vern Vern is offline
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Default Re: What is a solid win rate at party .50/1?

A lot of government work level science and mathmatics gets done at 95% because it is easier to have what you want fall within the realm of statistical purposes. Good science and math is done at 3SD or more.
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