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#1
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Re: Turbos vs. regular SNGs (variance)
[ QUOTE ]
Turbos will have less variance only because there are 9 players instead of 10. In SNGs, your variance will always be near the same, regardless of your ROI because it depends on your place percentages and 13%/13%/13%/61% yeilds a variance similar to the one that 10%/10%/10%/70% gives. Somebody around here learn some math for christsakes. The square root of the sigma-squared is your variance. That's why your variance only increases as the square root of the number of games you play, while your profit increases linearly (ideally). [/ QUOTE ] Wow, what a pompous post! Ok, if we "learn math" will you work on your reading comprehension? Just practice, its easy and fun! OP was asking about turbos vs. standard SNGs on stars...both have 9 players. |
#2
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Re: Turbos vs. regular SNGs (variance)
I'm sorry, I guess my post was pompus because it borders on the actual answer to your question. Here is something friendlier and what I think you were looking for:
"Yeah man, the variance is way more on the Turbos. I won like 6 out of 10 yesterday, and today I'm 0 for 8. This sucks man, shoot me now. I think there may be lower variance at the higher buyins though." |
#3
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Re: Turbos vs. regular SNGs (variance)
[ QUOTE ]
I'm sorry, I guess my post was pompus because it borders on the actual answer to your question. Here is something friendlier and what I think you were looking for: "Yeah man, the variance is way more on the Turbos. I won like 6 out of 10 yesterday, and today I'm 0 for 8. This sucks man, shoot me now. I think there may be lower variance at the higher buyins though." [/ QUOTE ] Jesus! You still don't get it! The two different formats the original poster was referring to were both 9 player SNGs! So your whole post was based on a false premise. Thanks for the math lesson though. When I want to find out the ratio of apples to oranges in barrel x I'll come to you to find out all about barrel y...thx. P.S. It wasnt your tone per se. It was the tone coupled with the fact that you didnt know what you were talking about. |
#4
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Re: Turbos vs. regular SNGs (variance)
I'm sorry, I'll try to take things real slow for you one step at a time. The fact that one type of sit-and-go has 9 players, and another type of sit-and-go has 9 players does not make one type have any more or less inherant variance than the other. Therefore, my thesis that the sitandgos should yield a similar variance stands.
Now, if the payout structures are wildly different, that's a different story. But don't worry, we won't get into that till you can learn how to count, Cletus. [ QUOTE ] [ QUOTE ] I'm sorry, I guess my post was pompus because it borders on the actual answer to your question. Here is something friendlier and what I think you were looking for: "Yeah man, the variance is way more on the Turbos. I won like 6 out of 10 yesterday, and today I'm 0 for 8. This sucks man, shoot me now. I think there may be lower variance at the higher buyins though." [/ QUOTE ] Jesus! You still don't get it! The two different formats the original poster was referring to were both 9 player SNGs! So your whole post was based on a false premise. Thanks for the math lesson though. When I want to find out the ratio of apples to oranges in barrel x I'll come to you to find out all about barrel y...thx. P.S. It wasnt your tone per se. It was the tone coupled with the fact that you didnt know what you were talking about. [/ QUOTE ] |
#5
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Re: Turbos vs. regular SNGs (variance)
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Somebody around here learn some math for christsakes [/ QUOTE ] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] I love it You are my new favorite poster. Regards Brad S |
#6
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Re: Turbos vs. regular SNGs (variance)
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In SNGs, your variance will always be near the same, regardless of your ROI [/ QUOTE ] Of course, strictly speaking you are right, but when poker players talk about variance, they actually mean something slightly different. They are referring to the kinds of swings that they will take. This is very much affected by ROI, so a better metric for swings is not SD alone, but rather SD divided by profit/tourney. Regards Brad S |
#7
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Re: Turbos vs. regular SNGs (variance)
[ QUOTE ]
[ QUOTE ] In SNGs, your variance will always be near the same, regardless of your ROI [/ QUOTE ] Of course, strictly speaking you are right, but when poker players talk about variance, they actually mean something slightly different. They are referring to the kinds of swings that they will take. This is very much affected by ROI, so a better metric for swings is not SD alone, but rather SD divided by profit/tourney. Regards Brad S [/ QUOTE ] So if we assume that an above average player will enjoy a better ROI in a standard SNG because of elongated play time, then his variance should be lower there. |
#8
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Re: Turbos vs. regular SNGs (variance)
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So if we assume that an above average player will enjoy a better ROI in a standard SNG because of elongated play time, then his variance should be lower there. [/ QUOTE ] well...no. not variance but yes, he will feel smaller swings relative to his bankroll growth Regards Brad S |
#9
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Re: Turbos vs. regular SNGs (variance)
[ QUOTE ]
[ QUOTE ] So if we assume that an above average player will enjoy a better ROI in a standard SNG because of elongated play time, then his variance should be lower there. [/ QUOTE ] well...no. not variance but yes, he will feel smaller swings relative to his bankroll growth Regards Brad S [/ QUOTE ] And I believe that was what OP was asking. A few people tried to respond and the thread unraveled. I have close to zero formal training in mathematics, but I do know when someone with low self-esteem is looking for a flame war. (Not you obviously). |
#10
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Re: Turbos vs. regular SNGs (variance)
[ QUOTE ]
Turbos will have less variance only because there are 9 players instead of 10. In SNGs, your variance will always be near the same, regardless of your ROI because it depends on your place percentages and 13%/13%/13%/61% yeilds a variance similar to the one that 10%/10%/10%/70% gives. Somebody around here learn some math for christsakes. The square root of the sigma-squared is your standard deviation. That's why your standard deviation only increases as the square root of the number of games you play, while your profit increases linearly (ideally). [/ QUOTE ] Worst post ever. |
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