Say no more! Obviously life +EV!

Ggoodluckwiththedealer!G

man losing sucks ass. lost my first session in over a month, 11 straight wins. i refused to post the streak out of superstition. i just hope this doesn't turn into a long weekend of run bad.

-$108 in 2.4 hours.

#losingsucks

Don't be results oriented. An 11 session run is great! Tack the last 12 games together...are you up or down. Sounds like your up, which means winning, not losing.

I have posted this before but an important thing to remember is "if you could win every sessions, the games would not exist"

lol. i know. it's just when you win 11 straight, you feel like you are entitled to walk out with a buyin profit 90 percent of the time and when you don't you did something wrong.

i could probably analyze my session - which i would grade at no better than a C - and say i should have at least broken even.

and, yeah, up about $3K in the last 12 sessions.

Just pulling out of my first losing streak since I've really started to play the game more seriously.
Was down just about 14 buy ins. (2800$ in my case at 1/2)
I know it's some what standard, but it really helps to put into perspective how important it is to try and make the right decisions as to not compound the bad luck you might encounter.

wrong thread

won back-to-back sessions over the weekend: +$525 in about 6 hours Friday and Saturday nights. So the losing streak was 1 ... may the run good continue.

How do u guys make use of Std. dev. and other stats in poker journal?
I have 500 hrs and wanna start looking at the numbers

just saw this thread...thanks for the heads up whichever mod closed my thread

sorry bout that btw

i don't get standard dev.

mine is 502.23/h according to poker session logger over more than 550 hours

It really doesn't mean much other than a gauge for your swinginess.

bbs or $... if bbs that seems incredibly high... if $ it seems pretty typical if youre playing 1-3 or 2/5.

St. dev is how likely we are to be within a certain distance of our expectation. Generally, you are about 66% to be +-1 standard deviation of your expectaiton, and about 85% to be +-2 standard deviations.

So lets say your winrate is $40/hr. 66% of the hours you play will be within between -462 and +542.

I dont really see how std/dev per hour is relevant. But maybe standard deviation per week or month (or even session) gives you an idea of how far from your expected winrate you are likely to be.

to convert standard deviation period, you first devide the new period by the old period, take the square root of the result, then multiple by the amount.

So lets say you play 8 hour sessions, and you want to find out your std dev per session. You take 8(new period)/1 (old period)= 8 take the square root of that =2.83 then multiple by 502.23 (old $ or BBs or whatever) to get $1421

i guess it is $ because it also lists hourly profit as 15.07/h and I know that is $$ not BBs. (i'd be really happy if it was BBs)

Oh, and $1/$2.

also, unless you are entering your stack size every hour, the program is probably underestimating your std dev (because its averaging your session results to figure out your hour by hour)

i'm not nearly smart enough to figure that all out.

apparently neither am I... i transposed two of the numbers and mussed up the post you quoted... ninja edited tho.

Isn't it easier just to use an Excel spreadsheet to figure out these things? I mean, unless you're talking about online, there aren't too many stats to keep track of outside of time, money, and if you have the patience, hands per hour.

Your actual hourly standard deviation is pretty much irrelevant. We're not playing 1 hour sessions. You could play 1 hour and stack someone and you're +500, and then lose a big hand and be down 300 the next hour.

We're really concerned with how much we might win or lose over our standard session. Our session STD should be LOWER than our hourly STD because there are more samples and less variance because we're likely to win some hands and lose some hands and end up a little closer to our actual WR.

IMO the only reason we need to worry about variance is for bankroll and trip bankroll purposes, or to figure out if we're playing a crazy aggro style that's making us be super swingy.

Hence it makes even more sense to use an app that is designed to give you all of the information.

I like using a spreadsheet because I put in what I want and get the information I want.

Also my phone battery life sucks and it's not dependent on having the phone on at the table/constantly checking my phone etc.

Poker journal can export data to spreadsheet, and it has several very useful reports pre-made.

It's fine however you record the session.

old people itt

i am 50 and use my phone.

Using pokerjournal like 10x easier than keeping any sort of spreadsheet. Especially since you can export all your stats.