Quote:
Originally Posted by Moreconfusednow
Isn't this more advantageous for an online so called math based player?
No. Equity chop simply reduces variance (as does running it x times). The more times you run a trial the closer you get to actually equity. In effect running it more times just gets you to the "long run" quicker.
If you crash KK into AA you "should" end up with 20% equity.
If you play it only once obviously you can only end up with 0% equity or 100% equity.
In your lifetime (1000s of hands with same equity) you will approach but unlikely never reach 20% equity. More trials simply get you there quicker.
Thus running it twice reduces variance compared to running it once, and running it 3 times reduces it even more. Poker Stove calculates equity by running it millions of times allowing you to reach the same equity you would have if you played enough poker to play this exact same hand the same way millions of times.
More trials is always better when attempting to estimate an expectation based on the outcome.
For this match up the hypothesis is that one player is better than the other. The outcome is cash won or lost. The more trials you have the higher likelihood outcome matches expectation. In essence it makes the match up a more accurate test of the better player.
Last edited by DeathAndTaxes; 08-02-2011 at 09:41 AM.