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Hangover thoughts

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Kapol   Poland. Aug 21 2010 07:10. Posts 4696
Just a thing that came to my mind.

Have you ever noticed that even though your EV might eventually even out, you might still be down a lot of dough?
Let's assume you go all-in pre-flop with AA vs QQ ten times against a reg with 100BB and you lose. Afterwards you go all-in with QQ vs AA ten times agiant a shortstack holding 10BB and you win.
Statistically everything is perfect, yet you're down 900BB.
Thankfully, it can go the opposite way.

/random thoughts

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BIBLE (Basic Instructions Before Leaving Earth)Last edit: 21/08/2010 07:11

whamm!   Albania. Aug 21 2010 07:21. Posts 11625

have thought about this since this kinda makes a lot of sense in the "bad luck" department. my timing in poker and life is prob one of the worst


qwerty67890   New Zealand. Aug 21 2010 07:46. Posts 14026

the sample will never be big enough


blackjacki2   United States. Aug 21 2010 09:02. Posts 2581

Getting sucked out on a big stack isn't even'd out by sucking out on a short stack. This is like losing $10,000 in cash and then the next day you find a quarter on the ground and saying it evens out because 1 day you lost money and 1 day you found money.


Kapol   Poland. Aug 21 2010 09:18. Posts 4696


  On August 21 2010 08:02 blackjacki2 wrote:
Getting sucked out on a big stack isn't even'd out by sucking out on a short stack.


In terms of expected value it is. That's the whole point.
You flip a coin for $100. You flip it again for $1. Let's assume you won once and lost once and you flipped tails once and heads once. In terms of probability, everything is correct. You are not even though .

  On August 21 2010 08:02 blackjacki2 wrote:
This is like losing $10,000 in cash and then the next day you find a quarter on the ground and saying it evens out because 1 day you lost money and 1 day you found money.


This example is absolutely improper. I'm talking about mathematics and the situation above has nothing to do with it.

BIBLE (Basic Instructions Before Leaving Earth)Last edit: 21/08/2010 09:29

qwerty67890   New Zealand. Aug 21 2010 10:00. Posts 14026

1 sample is flipping for $1 and another is flipping for $100.

over time you will be even at both $100 and $1 flips.
at any given period you may be ahead in $1 and behind in $100 flips or vice-versa.


Kapol   Poland. Aug 21 2010 10:13. Posts 4696

Yes, byrnesam, you are partially right. This doesn't matter much though, because the whole idea is you might not be unlucky because of a bad run of cards, but due to the fact that you were lucky/unlucky in the wrong spots. The same can refer to flipping a coin.
I'm not trying to build a theorem here, I'm talking about real-life stuff.

BIBLE (Basic Instructions Before Leaving Earth)Last edit: 21/08/2010 10:15

dogmeat   Czech Republic. Aug 21 2010 10:32. Posts 6374

i m 150 bis under ev so fu

ban baal 

qwerty67890   New Zealand. Aug 21 2010 10:34. Posts 14026

Yeah, basically you wont ever have a sample big enough to the point where the variance will even out.

You just gotta get as big of a sample as you can and hope you run g00t in the right spots.

Thats why half the "all time tournament winnings" list contains a whole load of players who have won 1 tourney and nothing else.


daysare   Poland. Aug 21 2010 13:58. Posts 670

no its not like that. imo it's more like you lost 200 bb pot AA vs QQ so u had about 160 bb equity, but you lost 100 bb instead so the poker gods owe you 260 bbs (or 160? which would be winning same spot with qq). but my point was that you are owed money, not winning a hand in whatever size of the pot

 Last edit: 21/08/2010 14:04

Zep   United States. Aug 21 2010 17:00. Posts 2292

ummm just to clarify...you think that getting it in for 20 bb QQ vs AA ten times and then getting it in 200 bb AA vs QQ ten times will result in a break even EV?

NeillyJQ: I really wanted to prove to myself I could beat NL200, I did over a small sample, and believe Ill be crushing there in the future. 

WastedGate   United States. Aug 21 2010 17:40. Posts 667


  On August 21 2010 16:00 Zep wrote:
ummm just to clarify...you think that getting it in for 20 bb QQ vs AA ten times and then getting it in 200 bb AA vs QQ ten times will result in a break even EV?


Yeah..well he did say he was hung over.

wait wha? 

Kapol   Poland. Aug 22 2010 06:48. Posts 4696

Oops, what am I talking about LOL.

My bad, sorry.

BIBLE (Basic Instructions Before Leaving Earth) 

 



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