Quote:
Originally Posted by Ragequit99
^ well in online poker I've had both wild upswings and miserable downswings that lasted around 100,000 hands. That would take 4,000 hours live at 25hands/hour.
So any of us could be on a heater or be running bad for two years live, if we're playing 40 hours a week, 50 weeks a year. Probably take more like 8 years for a lot of us recreational players...
You literally can't compare live an online...
Online at 50nl and 100nl 6-max I have a winrate of 3-6bb/100. We'll assume 5bb/100 and simulate 100,000 hands. It's 6-max so standard deviation is about 120 bb/100
Live at 1/2 I have a winrate of 10bb/hour. We'll assume 33 hands an hour and assume 30bb/100 (which is way underestimating the winrate). It's full ring so standard deviation is about 80bb/100
For online, after 100,000 hands, the 95% confidence interval is -2500bb, 12500 bb which is massive. There's literally a 20% chance you're still losing after 100k hands.
For live, after 10,000 hands (400 hours which is how much a normal recreational player plays in a year), the 95% confidence interval is 1400bb, 5000bb. A very good live player just is not losing after 10k hands in a year.
I agree variance is still large because of sample size and you can't estimate true winrate. However, your vastly increased winrate should make you a winning player and not have ridiculous downswings.