Quote:
Originally Posted by FTWayniac
The odds state that when you add every single hand up from every single person who has ever played, AA beats KK about 80% of the time.
No, they don't. That's only when they are all-in preflop with no other opponents. In all other scenarios, the odds are different.
Quote:
The thing people don't realize is that even over the course of a long time, from a statistical view point, that's still a short time.
That also isn't necessarily true.
If an event has an 80% chance to occur, it only takes 4300 trials to have 95% expectation of being between 79% and 81% on the outcomes. Raise that to 16000 trials, and you are 99.9% sure to hit in that range.
How long it takes to converge to the mean depends on what the mean actually is, and what kind of distribution you are talking about.
Last edited by spadebidder; 11-13-2009 at 05:54 PM.