Quote:
Originally Posted by StrictlyStrategy
hmm
so 1:4?
Give me 2:1 on you losin 200BB between jan and jan of 09 and 10
prop bet yo
The only way to actually do this fairly, unfortunately, is for me to be constantly aware of my exact maximum winnings at any time and my current stack size (doing it only on session lines gives me a huge advantage, as I could just play for 20 hours to try to get above the minimum number).
Also, since I am a tool, I ran the numbers myself assuming my results for an hour are Gaussian, and have determined that my chance of a 200 big bet down swing in the next 1500 hours is about 35%. So 2:1...shockingly fair for a number you pulled out of your butt. I don't think the "Gaussian" thing holds though....
If anyone is interested....
int twoHundoLosers = 0;
for (int k = 0; k <10000; k++){
double totalWinnings = 0.0;
double stDev = 456.71;
double mean = 57.75;
int hours = 1500;
Random r = new Random();
double maxWinnings = 0;
double maxLoss = 0;
for (int i = 0; i < hours; i++) {
double seed = r.nextGaussian();
double winnings = seed*stDev + mean;
totalWinnings = totalWinnings + winnings;
if (totalWinnings > maxWinnings) {
maxWinnings = totalWinnings;
} else {
double currentSwong = maxWinnings - totalWinnings;
if (currentSwong > maxLoss) {
maxLoss = currentSwong;
}
}
//System.out.println("Session Winnings = " + winnings);
//System.out.println("Total Winnings = " + totalWinnings);
//System.out.println("Max Loss = " + maxLoss);
//System.out.println("");
}
if (maxLoss > 8000) {
twoHundoLosers++;
}
}
System.out.println(twoHundoLosers);