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  #71  
Old 11-09-2005, 10:46 AM
DcifrThs DcifrThs is offline
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Posts: 677
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

gold.

seriously, how is this still a conversation?

Barron
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  #72  
Old 11-09-2005, 11:31 AM
jaydub jaydub is offline
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Join Date: Dec 2004
Posts: 12
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

gold.

seriously, how is this still a conversation?

Barron

[/ QUOTE ]

Because no one mentioned the central limit theorem yet? Haven't taken any stats in a while, but I'm pretty sure that provides the definitive answer.
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  #73  
Old 11-09-2005, 11:32 AM
kem kem is offline
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Join Date: Mar 2004
Posts: 11
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

gold.

seriously, how is this still a conversation?

Barron

[/ QUOTE ]

because nasty posted something that didnt make sense, unless he was talking about the variance of his bankroll? and because it seems to be a source of common confusion?
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  #74  
Old 11-09-2005, 11:52 AM
Yeti Yeti is offline
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Posts: 30
Default Re: 10 Table NL 2000 on Party to reduce variance

Somehow the dumbest thread in weeks got even dumber.
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  #75  
Old 11-09-2005, 12:55 PM
mgsimpleton mgsimpleton is offline
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Join Date: May 2005
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Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

you're an MITer, right?
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  #76  
Old 11-09-2005, 12:58 PM
thabadguy thabadguy is offline
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Join Date: Apr 2005
Location: Make Way for the Bad Guy...
Posts: 771
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

you're an MITer, right?

[/ QUOTE ]
You havent heard the "Variance is directionally proportional to number of hands played" law, derived by Phil Hellmuth.
If you play 1 hand, you can only get 2 outed once..if you play 10, u can get 2 outed 10 times.
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  #77  
Old 11-09-2005, 01:02 PM
TheWorstPlayer TheWorstPlayer is offline
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Join Date: Dec 2004
Location: Boring work = post too much
Posts: 2,435
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

you're an MITer, right?

[/ QUOTE ]
Just because you couldn't hack it, doesn't mean you have to be a hater.
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  #78  
Old 11-09-2005, 01:11 PM
kem kem is offline
Junior Member
 
Join Date: Mar 2004
Posts: 11
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Of course if you're talking in terms of bankroll, the variance is going to increase as a function of how many hands you play.

[/ QUOTE ]

you're an MITer, right?

[/ QUOTE ]
You havent heard the "Variance is directionally proportional to number of hands played" law, derived by Phil Hellmuth.
If you play 1 hand, you can only get 2 outed once..if you play 10, u can get 2 outed 10 times.

[/ QUOTE ]

Question for you: if you add two independent normal distributions, what is the variance of the result?
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  #79  
Old 11-09-2005, 01:32 PM
Matt Flynn Matt Flynn is offline
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Join Date: Oct 2002
Posts: 301
Default Re: 10 Table NL 2000 on Party to reduce variance

[ QUOTE ]
Question for you: if you add two independent normal distributions, what is the variance of the result?

[/ QUOTE ]

There's nothing normal about these distributions. ;-)


(I threw in the ;-) so the literalists wouldn't have a hissy fit.)
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  #80  
Old 11-09-2005, 01:35 PM
KaneKungFu123 KaneKungFu123 is offline
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Join Date: Feb 2005
Posts: 1,026
Default Re: 10 Table NL 2000 on Party to reduce variance

how does 10 tabling reduce variance?
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