Open Side Menu Go to the Top
Register
View: Your Poker Results are determined by Luck View: Your Poker Results are determined by Luck

03-31-2024 , 04:42 PM
Imagine 6 people sitting at a table, each flipping a fair coin ten times.

One player flips heads seven times

One player flips heads six times

Two players flip heads five times

One player flips heads three times

One player flips heads one time

Discuss....
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 05:28 PM
Quote:
Originally Posted by Mason Malmuth
"Winning is just a bit more probable when playing well" providing we're only thinking in terms of short sessions (perhaps 4 hours or less). But if we're thinking in terms of a longer length of time (perhaps 100 hours of live play) and you play well compared to the other players then being ahead becomes highly probable.

Mason
I have found I bust at about two hours, and the tournaments are every second week. The math gives me good reason to see where I stand in a couple of years, if l manage to up my skill a few knots. Will fight for it!
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 07:14 PM
Luck is huge, the way I see it you need to survive long enough in order to be able to exploit your run good when it happens.

Plenty of well known MTT players just had stretches of run like god in shots way above their ABI.

Imagine being an online $100 MTT reg and waking up at a live 10k HR where GTO donks are 4betting you and barreling off with A5os.
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 07:25 PM
Variance calculators are pretty scary tbh

Still beatable game. Just need either insane volume or a very nice winrate. It's when one of those lacks that you run into issues.
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 07:59 PM
Is Matt really the #1 player in America? Never thought about that before.

SeaLLama is from Florida I heard?
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 08:08 PM
Key to winning at poker is running good when you shot take. If you're a break even player but run good when you play high stakes and run bad when you play low stakes you'll be a huge winner. It's that easy.

I'm kind of joking but also not, there's massive survivorship bias in poker, where the high stakes crushers were lucky to have variance on their side when they took their shots. Probably plenty of would be crushers who simply ran bad when they had their shot and are nobodies now.
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 09:47 PM
bot5 would assume he’s crushing these other fishbots after 500k hands
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 09:58 PM
Quote:
Originally Posted by TRUSTtheDRAWCESS


Then what the hell is the point of this thread?

OP: "Your poker results are determined by luck"

Mason: "Yes, if 2 opponents have identical WRs, but if one is a fish at -30bb/100 and the other is a reg, the reg will win, and you don't need a massive sample to see this"

OP: "Yes, this is why game selection is important, which is my point"

Wow, great thread, we've restated the obvious here.

View: If you go outside when it's raining (without an umbrella) you will get wet

OP you're a good poster around here and a solid poker player, you know better than to start vague NVG chicken vs egg threads
There used to be a chicken in Chinatown tht played tic tac toe.

There was a chimpanzee at the WSOP one year that played holdem live heads-sup.

In a chicken v chmp match up, who does NVG think would prevail ?
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 10:22 PM
Quote:
Originally Posted by Mason Malmuth
"Winning is just a bit more probable when playing well" providing we're only thinking in terms of short sessions (perhaps 4 hours or less). But if we're thinking in terms of a longer length of time (perhaps 100 hours of live play) and you play well compared to the other players then being ahead becomes highly probable.

Mason
100 hours of live play is nothing.

100 hours of live play x 35 hands/hour (generous, assumes fast game) equals 3500 hands.

Let's again be generous and say you're a fairly loose/aggressive player who plays 25% of hands.

That means you're playing less than 900 hands total.

Out of those most will be small pots where you're gaining or losing a small number of BB.

Maybe 10% of those > 900 hands will be large all-in type pots that will have the greatest effect on your winrate.

So we're talking less than 100 large all-in type pots.

I don't know how you define "highly probable," but over such a small sample your results will be all over the place. Many of those hands will likely be "coolers," hands that basically play themselves: AA vs. KK with the money going in preflop, set over set, etc.

If you're really good MAYBE you can average 60% equity in your all-in pots, but the short-term variance will still be the largest factor determining how you do.
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 10:36 PM
Quote:
Originally Posted by GreatWhiteFish
100 hours of live play is nothing..
Like most players with no online experience, Mason has an amateurish/delusional understanding of the game. That post I had to read a few times to tell if he was joking or not. It doesn't really matter because all you need to sell books is to pretend to know what you're talking about.
View: Your Poker Results are determined by Luck Quote
03-31-2024 , 10:57 PM
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 12:29 AM
In all honesty, Mason said it's "highly probable" to have a clue after 100 hours. The graph tells you are in the green 70% of the time with 10bb/hr. Being a break even player it would be 50%.

Guess you need some optimism.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 02:39 AM
Edit: 10bb/100, maybe 3bb/hour, of course.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 03:04 AM
Game selection (aka bum hunting) has always been the true essence of cash game poker, fleece your opponent as fast as possible and move on to the next, it’s not a sport, it’s a hustle. I know lots of people donÂ’t agree with that and in most cases you have to play good players to improve, but really if you want to win any money in this game you have to play people worse/much worse than you - otherwise you are essentially gambling. If you battle good players youÂ’ll become much better technically but you wonÂ’t win more money. You can also run insane bad for long periods of time vs imbeciles too. Getting into good games, playing idiots and maximizing any edge is the old school way and it still applies today.

I won’t even comment on mtts and the variance as it’s just so ******ed. But over the very long term of course the cream rises to the top, if they go on a heater - unfortunately you can run incredibly bad for tens of thousands of mtts and never know if you’ll ever ‘win’.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 03:41 AM
your life is determined by luck
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 04:57 AM
Quote:
Originally Posted by DooDooPoker
I'm going to post what Matt Marinelli posted on his twitter (#1 online cash game player in America).

He simulated 6 bots at 0 rake to see the discrepancies in winrates over certain hand periods. Here are the results.



This means you could play 500k hands and break even over that time and you wouldn't know if you were a 6.5bb winner or -6.5bb loser

This is why Thought Process>Winrate.

Discuss.
Where does skill or edge factor in to this? Table selection? Wow 6 bots playing GTO poker against each other are breakeven how cool. What are we supposed to take from this?

Make a simulation of 6 bots that play at different skill levels and I would be more interested in that.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 07:12 AM
Quote:
Originally Posted by Dr. Meh
He didn’t say he made a profound game breaking discovery. In fact, he said he is posting this based on a Twitter post somebody else made. It’s not even his original content.

Furthermore, he said he wants it to be discussed, which it is. So his thread is successful with his intended goal.

Imagine making a snarky response to try to embarrass someone only to demonstrate your own poor reading comprehension. Lol @ kebab.
The point is that this is common knowledge for anyone with a basic understanding of variance. A coach worth anything should see that twitter post and shrug their shoulders thinking "meh, nothing new here".
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 07:37 AM
Luck does not exist. It's only a concept created by the human mind.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 08:37 AM
Quote:
Originally Posted by Stumeister
Is Matt really the #1 player in America? Never thought about that before.

SeaLLama is from Florida I heard?
Nah seallama top. Matt’s been around a while and has a public profile and obviously is really strong so he gets referred to as #1 even though seallama exist. Andrew graham (ohheycindy on stars) would be in this convo as well
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 08:53 AM
not Ike Haxton?
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 09:17 AM
Quote:
Originally Posted by DuckSauce
Key to winning at poker is running good when you shot take. If you're a break even player but run good when you play high stakes and run bad when you play low stakes you'll be a huge winner. It's that easy.

I'm kind of joking but also not, there's massive survivorship bias in poker, where the high stakes crushers were lucky to have variance on their side when they took their shots. Probably plenty of would be crushers who simply ran bad when they had their shot and are nobodies now.
The guys that reached high stakes also got kicked in the teeth along the way. It typically takes several shot takes at a level to stick and there’s many anecdotes about this from top players.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 09:32 AM
Quote:
Originally Posted by Xenoblade
not Ike Haxton?
..no? Idk what Ike is up to (triton I guess) or if he even plays online. I’m talking best player on a skill basis, not who’s making the most money. Seallama plays Linus and Roberto Perez 3handed 20knl on ACR regularly. And won ~1mil last year.

Last edited by RalphWaldoEmerson; 04-01-2024 at 09:40 AM.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 10:58 AM
Quote:
Originally Posted by GreatWhiteFish
100 hours of live play is nothing.

100 hours of live play x 35 hands/hour (generous, assumes fast game) equals 3500 hands.

Let's again be generous and say you're a fairly loose/aggressive player who plays 25% of hands.

That means you're playing less than 900 hands total.

Out of those most will be small pots where you're gaining or losing a small number of BB.

Maybe 10% of those > 900 hands will be large all-in type pots that will have the greatest effect on your winrate.

So we're talking less than 100 large all-in type pots.

I don't know how you define "highly probable," but over such a small sample your results will be all over the place. Many of those hands will likely be "coolers," hands that basically play themselves: AA vs. KK with the money going in preflop, set over set, etc.

If you're really good MAYBE you can average 60% equity in your all-in pots, but the short-term variance will still be the largest factor determining how you do.
Let's say you're playing in a game where your standard deviation is $X per hour. After four hours your standard deviation is $X/2 per hour. (This is on your win rate, not your total expectation.) After 100 hours your standard deviation is now $X/10. That makes it a lot more likely you'll be ahead after 100 hours than 4 hours. However, if your win rate is small compared to the standard deviation, there will still be a good chance you're losing for that time period. If your win rate is large, your chance of being behind will be much less. See my book Gambling Theory and Other Topics - Expanded Edition for more discussion.

Mason
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 11:01 AM
It's extremely likely that the experiment is flawed. Variance calculators have existed for 10+ years and show that these results are incredibly unlikely.
View: Your Poker Results are determined by Luck Quote
04-01-2024 , 11:02 AM
Quote:
Originally Posted by editundo
Like most players with no online experience, Mason has an amateurish/delusional understanding of the game. That post I had to read a few times to tell if he was joking or not. It doesn't really matter because all you need to sell books is to pretend to know what you're talking about.
You need to take your insults some place else. When writing about the relationship between EV and variance / standard deviation, statistical theory has nothing to do with whether you're playing online or live, (or even poker).

Only someone with little understanding of this stuff would post what you just did.

Mason
View: Your Poker Results are determined by Luck Quote

      
m