Open Side Menu Go to the Top
Register
Winrates, bankrolls, and finances Winrates, bankrolls, and finances
View Poll Results: What is your Win Rate in terms of BB per Housr
Less than 0 (losing)
5 6.41%
0-2.5
0 0%
2.5-5
6 7.69%
5-7.5
8 10.26%
7.5-10
15 19.23%
10+
26 33.33%
Not enough sample size/I don't know
18 23.08%

03-08-2016 , 01:49 PM
Quote:
Originally Posted by Richard Parker
Ok, now I see words that make me buzz!

If future expectation is what you are after, then it makes far more sense not to add any of the promos for few obvious reasons:

1. Most promos aren't forever, so if you add promo winning now and the same promo is gone tomorrow, then your future expectation is skewed.
So take out the promo data that's been accumulated when the promo ends when estimating our EV from sitting down. This is a reason to keep track of promo winnings separately, but not a reason to ignore them as a factor of our EV.

Quote:
2. Actual promo winning does not account for the odds in which you get it. Say the promo is HH for $200/hr, and you hit one and added it to your WR, does that mean your future expectation should always include hitting a $200 HH? If so, at what frequency?
Just like when tracking our win-rate, we need a significant sample size before having a good idea how much EV we get out of a promo. Obviously when we have a small sample size and we hit more than our fair share of high hands we take the resulting promo win-rate with a grain of salt. Because of the sample size issue I wouldn't count the BBJ as part of my EV, as the variance is so high that no one will ever live long enough to get an accurate measure of their EV, and the utility we get back from the BBJ drop is nearly zero.

I don't really know, but I suspect that promotions like HH occur often enough for results to converge to the actual EV from the promo for a full-time player. It probably depends a lot on the particular promotion. One of my local rooms has a straight flush bonus. In 530 hours of live poker I have never had a straight flush, so I probably wouldn't track this if I won it.

Edit: Yes I realize I'd backpedaled a little bit, so don't bother calling me out for it.
Winrates, bankrolls, and finances Quote
03-08-2016 , 02:03 PM
Quote:
Originally Posted by browni3141
So take out the promo data that's been accumulated when the promo ends when estimating our EV from sitting down. This is a reason to keep track of promo winnings separately, but not a reason to ignore them as a factor of our EV.
I didn't say to ignore it, just that you need to be very meticulous if you want to use it in future expectation.

Quote:
Originally Posted by browni3141
Just like when tracking our win-rate, we need a significant sample size before having a good idea how much EV we get out of a promo.
No you don't. It is as simple as figuring out what the prize is and your equity of getting it.

Quote:
Originally Posted by browni3141
Obviously when we have a small sample size and we hit more than our fair share of high hands we take the resulting promo win-rate with a grain of salt.
Grain of salt is the problem, because you don't know whether you're hitting it at a rate above EV or below EV...thus it becomes meaningless in calculation.

Quote:
Originally Posted by browni3141
Because of the sample size issue I wouldn't count the BBJ as part of my EV, as the variance is so high that no one will ever live long enough to get an accurate measure of their EV, and the utility we get back from the BBJ drop is nearly zero.
See above.

Quote:
Originally Posted by browni3141
I don't really know, but I suspect that promotions like HH occur often enough for results to converge to the actual EV from the promo for a full-time player.
Well, I do know, because I actually calculated it.

Quote:
Originally Posted by browni3141
It probably depends a lot on the particular promotion. One of my local rooms has a straight flush bonus. In 530 hours of live poker I have never had a straight flush, so I probably wouldn't track this if I won it.
Figure out the odds of hitting a straight flush, number of hands you are dealt per hour, the prize of hitting one (and you have to consider how it fluctuates), then you can add it to your hourly WR EV. But I suspect it is so small that it doesn't matter, and hence whenever someone does hit one, adding the raw value of the prize skews the EV.

Quote:
Originally Posted by browni3141
Edit: Yes I realize I'd backpedaled a little bit, so don't bother calling me out for it.
Oh I just did.
Winrates, bankrolls, and finances Quote
03-08-2016 , 02:14 PM
Quote:
Originally Posted by Richard Parker
Figure out the odds of hitting a straight flush, number of hands you are dealt per hour, the prize of hitting one (and you have to consider how it fluctuates), then you can add it to your hourly WR EV. But I suspect it is so small that it doesn't matter, and hence whenever someone does hit one, adding the raw value of the prize skews the EV.
There's probably a lot more value in exploiting the mope that's chasing with any two suited cards than there is in hitting any of the promotion money ourselves anyway.
Winrates, bankrolls, and finances Quote
03-08-2016 , 02:20 PM
Quote:
Originally Posted by Angrist
There's probably a lot more value in exploiting the mope that's chasing with any two suited cards than there is in hitting any of the promotion money ourselves anyway.
Very true, especially when these mopes are playing to get to SD with their "big" hands.

And this part of +EV is very difficult to calculate, making the whole factoring your promotions into future expectation a difficult thing to do accurately.
Winrates, bankrolls, and finances Quote
03-08-2016 , 02:32 PM
Quote:
Originally Posted by ibelieveyouoweme$80k
Casino giving away money to players who play the most hours every week.

Do I count that in my win rate? Sure this has been discussed before. I mean, I have to play the hours to get the bonus. Not like a high hand or bad beat that is based on luck.

My gut says this counts and HH and BB do not.
Your gut isn't right or wrong. Your # is whatever you want it to be. Serious question...why do you care/think it matters?
Winrates, bankrolls, and finances Quote
03-08-2016 , 02:37 PM
It is part of the application to be in a poker house.
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:06 PM
Quote:
Originally Posted by Richard Parker
Very true, especially when these mopes are playing to get to SD with their "big" hands.

And this part of +EV is very difficult to calculate, making the whole factoring your promotions into future expectation a difficult thing to do accurately.
Very true.

I tend to use promotions as a tie breaker when deciding where to play. The player pools in the 3 casinos in town are pretty comparable on the weekend, so I'll go where the jackpot is highest. (Although a lot of times "where to I want to go for diner later" takes a higher priority.)
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:24 PM
Well when they drop $1 jackpot on every hand how much does that effect you yearly on a large sample size of hrs say 1k+? I mean if you played a game with no jackpot drop wouldn't you expect to have x amount more after those same hours? I'm not talking about putting bbj in there but if you win a couple thousand at 2/5 from say high hands over 1500 hrs aren't you essentially making up for the extra "rake". If you played that same game all a sudden with no jackpot drop your win rate would be higher period.

Ultimately any professional player would rather play in a game with no jackpot drop. Why? Because theoretically you should have a higher winrate no? So when you do play in jackpot drop games they are naturally going to lower your winrate just like regular rake does through no fault of your own. So why would adding some added jackpots give you a "fake winrate" when all its essentially doing is putting it where it most likely would of been without a drop. Is your skill as a player different because there is a drop compared to not? Obviously not

Last edited by FiGMan; 03-08-2016 at 03:33 PM.
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:41 PM
Quote:
Originally Posted by squid face
well I think we should prolly have everyone weigh in...and debate this issue for multiple pages as it is paramount in determining blah blah blah blah wall of text no i am smarter no u I was testing to see just how stoopid u are...etc etc
I see your crystal ball is functioning optimally.
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:45 PM
Quote:
Originally Posted by squid face
well I think we should prolly have everyone weigh in...and debate this issue for multiple pages as it is paramount in determining blah blah blah blah wall of text no i am smarter no u I was testing to see just how stoopid u are...etc etc

And then it happens anyway
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:47 PM
Quote:
Originally Posted by suited fours
I see your crystal ball is functioning optimally.

Oh, hai!
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:54 PM
Quote:
Originally Posted by FiGMan
Well when they drop $1 jackpot on every hand how much does that effect you yearly on a large sample size of hrs say 1k+? I mean if you played a game with no jackpot drop wouldn't you expect to have x amount more after those same hours? I'm not talking about putting bbj in there but if you win a couple thousand at 2/5 from say high hands over 1500 hrs aren't you essentially making up for the extra "rake". If you played that same game all a sudden with no jackpot drop your win rate would be higher period.
Clearly yes, and you can also argue the other form of rake/drop that rhymes with bip!

Quote:
Originally Posted by FiGMan
Ultimately any professional player would rather play in a game with no jackpot drop. Why? Because theoretically you should have a higher winrate no?
Not entirely true, as we have briefly mentioned the notion that jackpot brings in players, bad ones.

Quote:
Originally Posted by FiGMan
So when you do play in jackpot drop games they are naturally going to lower your winrate just like regular rake does through no fault of your own. So why would adding some added jackpots give you a "fake winrate" when all its essentially doing is putting it where it most likely would of been without a drop. Is your skill as a player different because there is a drop compared to not? Obviously not
It's more complex than that, and most importantly, most players have no choice whether they want to play in a room with jackpot drop or not.

And I don't know why people so insist on looking at things in black and white: add jackpot or don't add it, real or fake WR, drop or no drop, and so forth, and yet not exactly meticulous about the qualifiers...

If you want to draw a big circle and include bunch of things, then you should probably know that a lot of those things can probably be outside of the circle as well.
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:57 PM
Quote:
Originally Posted by Richard Parker
Clearly yes, and you can also argue the other form of rake/drop that rhymes with bip!



Not entirely true, as we have briefly mentioned the notion that jackpot brings in players, bad ones.



It's more complex than that, and most importantly, most players have no choice whether they want to play in a room with jackpot drop or not.

And I don't know why people so insist on looking at things in black and white: add jackpot or don't add it, real or fake WR, drop or no drop, and so forth, and yet not exactly meticulous about the qualifiers...

If you want to draw a big circle and include bunch of things, then you should probably know that a lot of those things can probably be outside of the circle as well.
We're gonna need a bigger circle.
Winrates, bankrolls, and finances Quote
03-08-2016 , 03:59 PM
You seem like a guy who needs 3 tries to draw a small circle, so leave the big circle job to someone with steadier hands.
Winrates, bankrolls, and finances Quote
03-08-2016 , 04:30 PM
Ran super bad. Had quads over quads lose in a casino with no jackpot drop. Eff cherokee.

Sent from my SCH-I545 using 2+2 Forums
Winrates, bankrolls, and finances Quote
03-08-2016 , 04:48 PM
Quote:
Originally Posted by Richard Parker
You seem like a guy who needs 3 tries to draw a small circle, so leave the big circle job to someone with steadier hands.
I know my role. I point out what we need. I don't provide it.
Winrates, bankrolls, and finances Quote
03-08-2016 , 04:51 PM
Quote:
Originally Posted by nutinsider
Ran super bad. Had quads over quads lose in a casino with no jackpot drop. Eff cherokee.

Sent from my SCH-I545 using 2+2 Forums
It wouldn't be the first time Indians got in the way of the white mans agenda.
Winrates, bankrolls, and finances Quote
03-08-2016 , 04:53 PM
Quote:
Originally Posted by FiGMan
Well when they drop $1 jackpot on every hand how much does that effect you yearly on a large sample size of hrs say 1k+? I mean if you played a game with no jackpot drop wouldn't you expect to have x amount more after those same hours? I'm not talking about putting bbj in there but if you win a couple thousand at 2/5 from say high hands over 1500 hrs aren't you essentially making up for the extra "rake". If you played that same game all a sudden with no jackpot drop your win rate would be higher period.

Ultimately any professional player would rather play in a game with no jackpot drop. Why? Because theoretically you should have a higher winrate no? So when you do play in jackpot drop games they are naturally going to lower your winrate just like regular rake does through no fault of your own. So why would adding some added jackpots give you a "fake winrate" when all its essentially doing is putting it where it most likely would of been without a drop. Is your skill as a player different because there is a drop compared to not? Obviously not
Your winrate could be higher playing with the drop if you play at certain times when the are giving away the most money. Splash pots during sports games or graveyard high hands you are getting a higher percentage of the money per hour that guys who play at times when their are limited promos.
Winrates, bankrolls, and finances Quote
03-08-2016 , 06:05 PM
Quote:
Originally Posted by rm81
Your winrate could be higher playing with the drop if you play at certain times when the are giving away the most money. Splash pots during sports games or graveyard high hands you are getting a higher percentage of the money per hour that guys who play at times when their are limited promos.

personally I like playing with people who like high hand promos.

I don't personally like having to hit some ridiculously long hand then hang around hoping it holds up just to get some of my money back from the extra $1 promo drop.

But a lot of fun players like the concept... So it goes.
Winrates, bankrolls, and finances Quote
03-08-2016 , 06:43 PM
Well if it is just one table you are 11% to win so it is worth $11 an hour, and you aren't winning 11 pots.
Winrates, bankrolls, and finances Quote
03-08-2016 , 07:07 PM
Quote:
Originally Posted by rm81
Well if it is just one table you are 11% to win so it is worth $11 an hour, and you aren't winning 11 pots.

So you avoid playing this room the rest of the time I presume?
Winrates, bankrolls, and finances Quote
03-08-2016 , 07:32 PM
Definitely try to play more when promos are good, but playing in good games is the most important thing still. Graveyard games are usually good anyway though especially if shorthanded and mostly fish.
Winrates, bankrolls, and finances Quote
03-08-2016 , 07:32 PM
Quote:
Originally Posted by cAmmAndo
personally I like playing with people who like high hand promos.

I don't personally like having to hit some ridiculously long hand then hang around hoping it holds up just to get some of my money back from the extra $1 promo drop.

But a lot of fun players like the concept... So it goes.
In other words, expect to run into more 2p hands when v has 36s, 47s, 58s, etc etc?
Winrates, bankrolls, and finances Quote
03-08-2016 , 07:58 PM
I figure it like this, at least if their is multiple options available. There isn't for me.

Promos are good. The more the merrier.

Higher comps are bad.

No explanation should be needed.
Winrates, bankrolls, and finances Quote
03-09-2016 , 12:41 AM
Quote:
Originally Posted by spikeraw22
It wouldn't be the first time Indians got in the way of the white mans agenda.
I'm truly offended by this disgusting nonsense. You're better than that man.
Winrates, bankrolls, and finances Quote

      
m