Quote:
Originally Posted by JamesD816
3000 tournaments?
So if two players play a major tournament once a week for 25 years and one player loses money every single year and the other player wins consistently and has a hugely profitable ROI over those 25 years you would confidently argue we could not discern which player is better? The sample of 2600 tournaments would be too small for you to reach any conclusions?
In your specific example there would be two issues:
1) The games are not homogeneous enough because they are on a 25 years scale and the game has evolved so it's not a repetition of 2600 similar games, so both players probably had very different expected ROI during different periods of their careers.
2) You would not be able to determinate their winrate with as much precision as you could with 3000 games. The higher the standard deviation, the closer the gap in observed winrate between the two players, the more you need games. 3000 is just a general rule of thumb.
Plus everyone is not paying attention to the core of my argument which is tournament winnings is just a B.S term, it's not profits like on sharkscope. It's as if you judged cash game players by adding how much they have when they leave tables and call it "cash games winnings".
Last edited by Wotton; 04-30-2013 at 07:51 PM.