Kinboshi is hopeless.

[bobAlike]

Don't use HM myself but is there a possibility that we're not talking of mean averages.
Maybe median or mode?

http://www.purplemath.com/modules/meanmode.htm

[Royal Flush]

Don't use HM myself but is there a possibility that we're not talking of mean averages.
Maybe median or mode?

http://www.purplemath.com/modules/meanmode.htm

No.

Red is on average losing BB/hr, however his spins have gone well.

[bolt pp]

before we go any further can we agree kinboshi's still useless

[titaniumbean]

before we go any further can we agree kinboshi's still useless

 

[RED-DOG]

Ok fine take out where i said hands and put in hours.

You won MONEY, but you lost BLINDS.

A player who loses x amount of big blinds over time but wins money is called running good, your overall a losing player but you happened to lose in the small game and win the big game, over time when all of it levels off you will lose money as well.

Unless next month's stats show something different eh? I'm not saying that this is the case, but perhaps the stats could be interpreted as I'm better/luckier at one game type than another for instance?

I'm not sure it is set in stone that I will lose money over time. (At least I hope not)

I am beginning to understand it now though.

It's a small sample, but it includes online and live play. I have played more hands online than I have live, but I'm losing online and winning live.

[Royal Flush]

Yes sorry of course it can mean you do better at diff levels, i am just assuming same standard for the purposes of making it easy.

It's a small sample, but it includes online and live play. I have played more hands online than I have live, but I'm losing online and winning live.

That makes sense, you lose online and win at live even though the live games are bigger, its not really surprising given the live games will be easier.

Put another way take byron's example.


Guy wins 49k over 49hrs of playing 5-10nl, he then loses 50k in 1 hr @ 500-1k. He is net 1k down at pokers.

Guy loses 49k over 49hrs of 5-10, he then wins 50k in 1hr @ 500-1k. He is net 1k up at poker.

Now 1 guy has a -ive hourly rate but a +ive avg win rate, the other has a +ive hourly rate but -ive avg win rate.

Which player would you advise to keep playing poker and which would you suggest takes up train spotting?

[thetank]

Dismiss average win rate as useless stat.

It's probably worked out like this...

Game A, you play for 40 hours and win $400
Game B, you play for 20 hours and win $400
Game C, you play for 90 seconds and lose $100

Win rate at Game A = Total winnings in $ divided by total time in hours
= 400/40
= $10/hour

Win rate at Game B = as above total winnings divided by total time
=20/400
= $20/hour

Win rate at Game C = total winnigs will be -$100 total time will be 0.025 hours (90 seconds in hours
=-$100/0.05
= -$4,000/hour


It sounds like they've got your average $/hr figure by taking the average of $10, $20 and -$4,000 (which will be -$1,233 or something mad)

The other figure, the sane one, would be the total net profit ($400+$400-$100 = $700) divided by the total time played (40+20+0.025 hours = 60.025 hours)
This would give an overall win rate of 11.66 $/hr


If you've not done so already, dismiss average win rate as useless stat. The overall figure reflects reality, the other one is pretty much pointless.

[gatso]

seriouszly, too many words. is the re a versoiiio n okf blonde where it reads teh words to me so I don'e have to do it>? I  want to know what's going on but it's toloo longj. actually don't bother. I've spent so long typing that I donn';e enen know what thread this is annh ymore

[bolt pp]

few beers tonight?

[Longy]

few pints of vodka tonight?

?

[kinboshi]

Dismiss average win rate as useless stat.

It's probably worked out like this...

Game A, you play for 40 hours and win $400
Game B, you play for 20 hours and win $400
Game C, you play for 90 seconds and lose $100

Win rate at Game A = Total winnings in $ divided by total time in hours
= 400/40
= $10/hour

Win rate at Game B = as above total winnings divided by total time
=20/400
= $20/hour

Win rate at Game C = total winnigs will be -$100 total time will be 0.025 hours (90 seconds in hours
=-$100/0.05
= -$4,000/hour


It sounds like they've got your average $/hr figure by taking the average of $10, $20 and -$4,000 (which will be -$1,233 or something mad)

The other figure, the sane one, would be the total net profit ($400+$400-$100 = $700) divided by the total time played (40+20+0.025 hours = 60.025 hours)
This would give an overall win rate of 11.66 $/hr


If you've not done so already, dismiss average win rate as useless stat. The overall figure reflects reality, the other one is pretty much pointless.

This.

Good thread title by the way.

[pokefast]

Good thread but to be fair Kinboshi must have his uses no?

[titaniumbean]

Dismiss average win rate as useless stat.

It's probably worked out like this...

Game A, you play for 40 hours and win $400
Game B, you play for 20 hours and win $400
Game C, you play for 90 seconds and lose $100

Win rate at Game A = Total winnings in $ divided by total time in hours
= 400/40
= $10/hour

Win rate at Game B = as above total winnings divided by total time
=20/400
= $20/hour

Win rate at Game C = total winnigs will be -$100 total time will be 0.025 hours (90 seconds in hours
=-$100/0.05
= -$4,000/hour


It sounds like they've got your average $/hr figure by taking the average of $10, $20 and -$4,000 (which will be -$1,233 or something mad)

The other figure, the sane one, would be the total net profit ($400+$400-$100 = $700) divided by the total time played (40+20+0.025 hours = 60.025 hours)
This would give an overall win rate of 11.66 $/hr


If you've not done so already, dismiss average win rate as useless stat. The overall figure reflects reality, the other one is pretty much pointless.

This.

Good thread title by the way.

THAT.

[DUNK619]

Good thread but to be fair Kinboshi must have his uses no?

  lol have u met him

[Ironside]

Good thread but to be fair Kinboshi must have his uses no?

to be fair he is the best teaboy since ginger