Quote:
Originally Posted by SEABEAST
nah it's pretty much uber standard at 120 abi. at lower stakes sure, you can game select so that 500 bi downswings should be towards the top end, but if you're playing abi 120 on the major sites in 2013 your roi is gonna be low enough that even if you're really good losing 500 bi will be standard
Quote:
Originally Posted by mement_mori
+1
According to PokerVarianceTools, a player at $120abi, 20% ROI, 500 AFS playing 5000 games a year has a 0.7% chance of losing 60k for the year.
I realize straight yearly profit is not the same as peak to valley downswing, so I ran monte-carlo simulations of 500 games. Over 2000 samples of 500 games, the max downswing recorded was $34,000.
I then lowered the player to be a marginal winner in softer higher AFS fields to 15% ROI and 1000 AFS. The max downswing recorded over 2000 samples of 500 games was $41400.
Lastly, I simulated 30,000 game careers for 30 of the first type of player and here were the max career length downswings for all 30:
Code:
48400 49600 49600 72560
77200 56500 47900 49600
73900 77100 55500 66000
60400 64700 49100 70700
63200 91800 62000 58000
67800 78800 87200 63000
56200 55600 65600 53200
56700 90900
57% of players had one downswing of 60k once in their career. I still like the term possible instead of uber standard. Most players will never play 30k games, and one in a career stretch is hardly standard.
My original post just stated that I think it is possible but not standard and that registration errors should be considered. I think what is more important is to state that it is more likely that a 60k downswing is the result of errors by the player than to simply say they are having that once in a career downswing.