Moving Up Is Hard To Do

[DavidC]

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ok, some of these posts are kind of bothering me, so I'm going to throw in my 2 cents. I am going to be kind of a nit to all of the people talking about winrates, because in all honesty they don't mean much. Even after 100k hands at a given limit you still may be quite far from your true winrate. That being said, since not many of us have the time to play a million hands at each level, we must infer some things from short term results.


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I find it hard to believe that after 100,000 hands you can be quite far from your true winrate. And, yes, I've taken statistics courses.

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How close would we be, with a standard dev of 15/100 and a 95% confidence level?

I'm asking because I don't know, not just to be a smartass, but I'm curious, because I'm hopefully going to be moving up limits soon. [img]/images/graemlins/smile.gif[/img]

Edit: 99% confidence level too, if you don't mind.