Quote:
Originally Posted by Uhrenknecht
I played all games mixed (3$ reg, 3$ turbo, 5$ reg) with a 12-15 table cap with 0-3 mtts added.
Maybe reducing tables to 9 would help, but I am kind of wanting to get enough volume in to be at least at a whimsical hourly (which doesnt work if your roi is negative). It worked getting results in with 3$ and not with 3$ Turbo, but I can't say if it's the table count or only variance.
You should think through how many concurrent tables you play, there is no set amount that suits all but some people get confused over the variance part, often they think if they play lots more tables they smooth out their results - sadly it is often the opposite.
Here is a little example to explain some of what happens.
The variance per game is roughly the same for any practical roi but the amount of games per time period is a big factor of variance.
eg, for 9 seat STTs with approx 10% rake variance per game is about 2.2 (in BBI^2).
The variance for 789 games is 789 x the variance for one, ie, n x var per game.
So lets say in 1 year player A plays 10000 games at an roi of 2% and player B plays 5000 games at an roi of 4%. Both players on average pick up the same in a year.
A gets: 10000 * 0.02 = +200 BIs
B gets: 5000 * 0.04 = +200 BIs
Which one has the smoother usually easier time? It's player B
Variance seen for A in year = 10000 * 2.2 = 22000, so the standard dev = sqrt(22000) = 148.3
Variance seen for A in year = 5000 * 2.2 = 11000, so the standard dev = sqrt(22000) = 104.9
So ~68% of the time the amount A gets is obtained from a bell curve centered on 200 BIs but +/- 148.3BI's
So ~68% of the time the amount B gets is obtained from a bell curve centered on 200 BIs but +/- 104.9BI's
This is a pretty bad amount of uncertainty added but even worse than this is what the typical largest downswing seen is.
Typically 50% of years player A, playing 10000 games, will see a 112 BI downswing somewhere whereas B, playing 5000, 50% of years only sees a 70BI downswing. The length of time digging out of these swings is also really bad for A, they play twice as many but earn only half so take longer to get out.
Overall I would recommend playing the amount of tables that makes you feel comfortable, earns a good deal and also importantly allows you to learn very fast so you can maybe jump up levels.