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Probability of this being chance Probability of this being chance

05-29-2008 , 10:22 PM
Hi,

So I've noticed a pattern that I tend to run well in the first half of the month, and poorly for the second half. I'd like to work out what % there is that this would occur by chance. If there's not much chance, I have some posts in the Psychology forum to make.

Here is the data I have:

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        1st     2nd     Hands
Jun     4839    (9163)  27984
Jul	8525 	9658 	24755
Aug	9216 	1336 	28457
Sep	2649 	(6042)	25976
Oct	(1445)	3486 	17167
Nov	(5460)	(694)	18323
Dec	904 	9237 	16610
Jan	11205 	(2438)	20968
Feb	4406 	(2173)	16306
Mar	11186 	3794 	18586
Apr	19232 	(8218)	18062
May	3868 	(1919)	17424
TOTAL	69125 	(3136)	250618
AVG	5760 	(261)	20884.8
Thanks in advance, Punter
Probability of this being chance Quote
05-30-2008 , 02:03 AM
looks like a psychology problem to me or it could be the fact that you're running badly in the latter part of the month. Maybe the fact it's a new month causes people to be in line which is a style you exploit easily, and at the later part of the month people are less caring which could result in harder style to play against. I can definitely see the psychological side to your problem but am having a difficult time analyzing the probability question but it does look as if you're playing fewer hands in the latter part of the month.
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05-30-2008 , 03:29 AM
No there is definitely a % that this could occur by chance. It depends. do you consider each month independent or the 2 halfs grouped as one?
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05-30-2008 , 03:43 AM
In terms of hands, I've played a very similar number between the halves:

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	Hands1	Hands2
June	16756	11228
Jul	10791	13964
Aug	13191	15266
Sep	17689	8287
Oct	10397	6603
Nov	10650	7840
Dec	1402	15208
Jan	12773	8136
Feb	9635	6730
Mar	8155	10431
Apr	10780	7282
May	7248	10207
TOTAL	129467	121182
Probability of this being chance Quote
05-30-2008 , 03:55 AM
Assuming a break even player each 1/2 of the month there is a 50% chance you will be up and %50 chance you will be down with each 1/2 being independant of each other.

Now to your case: If I am reading your data right some months you are up early and down later so I assume you are talking about your total results.

If this is the case look at the 1st half and 2nd half of the month as independant events. I am assuming you play an equal number of hands each half of the month so the question will become where does 5760 and (261) over 125K hands (total hands/2) fit into your standard deviation.

Regaurdless of your concolusion about your performance I hope you make your post .
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05-30-2008 , 04:37 PM
The right way to do this is a t-test. First, normalize by the # of hands to get $/hand. If we treat this as unpaired data (i.e. the 1st half of June is independent of the 2nd half of June) with unequal variance, then the t probability is 0.011. If we assume the data is paired (which I think is valid), then the t probability is 0.026.

Either way, unless your criterion is quite stringent, we have enough evidence to reject the null hypothesis that the disparity between the 1st half and 2nd half of the month is due to chance. Good luck figuring it out.
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05-30-2008 , 08:40 PM
I would approach it this way.

You did better in the first half of 8 out of 12 months. Clearly that's well within the boundaries of normal variation, there's a 39% chance you will be this far or farther from 6.

Your absolute sizes in the first half of the month are 43% larger on average than those in the second half. This is presumably unrelated to your relative poker-playing ability in different halves of the month. Perhaps you play at higher limits or in livelier games in the first half of the month than the second, or maybe you play (that is, don't fold immediately) more hands.

Given that your play has more volatility in the first halves of the month, and assuming it's just chance that you happened to do better in 8 of the 12 first halves, the results are explained.

If the difference were something more likely to be the result of skill, say the results of two different players or your results at Hold'em and Seven Card Hi-Lo, then I wouldn't view the evidence so skeptically.
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05-31-2008 , 01:16 AM
Quote:
Originally Posted by AaronBrown
I would approach it this way.

You did better in the first half of 8 out of 12 months. Clearly that's well within the boundaries of normal variation, there's a 39% chance you will be this far or farther from 6.

Your absolute sizes in the first half of the month are 43% larger on average than those in the second half. This is presumably unrelated to your relative poker-playing ability in different halves of the month. Perhaps you play at higher limits or in livelier games in the first half of the month than the second, or maybe you play (that is, don't fold immediately) more hands.

Given that your play has more volatility in the first halves of the month, and assuming it's just chance that you happened to do better in 8 of the 12 first halves, the results are explained.

If the difference were something more likely to be the result of skill, say the results of two different players or your results at Hold'em and Seven Card Hi-Lo, then I wouldn't view the evidence so skeptically.
I'm not saying WHY the two halves of the month are different, but they clearly are. One thing to consider is the variance in $/hand. They're actually quite similar for the half1 and half2. The differential variance in $/half-month is due to the # of hands.

Clearly, the OP is more profitable in half1. The t-test is made for this, and it doesn't lie here.
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