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300/600 (WARNING: limit hold'em) 300/600 (WARNING: limit hold'em)

09-11-2007 , 01:59 AM
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why do you people raise in limit? you know your hand has a chance in hell of ever holding up against the 45,000 callers
If you are lucky enough to be in a limit game where you expect 5-way flops, you will almost never end the session a loser. You just need to win 2 of those jackpots you build with a set or nut flush, win half the time you flop a big pair (getting 3:1 odds), and that will be enough.
Haha of all the dumb things said in this thread I liked this one the best by far.

-DeathDonkey
300/600 (WARNING: limit hold'em) Quote
09-11-2007 , 02:16 AM
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why do you people raise in limit? you know your hand has a chance in hell of ever holding up against the 45,000 callers
If you are lucky enough to be in a limit game where you expect 5-way flops, you will almost never end the session a loser. You just need to win 2 of those jackpots you build with a set or nut flush, win half the time you flop a big pair (getting 3:1 odds), and that will be enough.
Haha of all the dumb things said in this thread I liked this one the best by far.

-DeathDonkey
Hmmm, maybe it's just me who rarely comes out loser in a good live game?

Pray tell why this is wrong. Informally this seems to be how my $$$ breaks up. Informally, for you to read any statement of mine, someone with 15829x your mathematical talent, and quickly come to a conclusion that it's dumb, is, well... dumb.
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09-11-2007 , 02:22 AM
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Hmmm, maybe it's just me who rarely comes out loser in a good live game?

this is funny.
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09-11-2007 , 02:23 AM
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PB,

why are you betting like a scared school girl?

[X] money left on table
[X] learn to use the slider thingy to bet more
[X] lol betsizeaments
[X] it's like op wants to win (errrr, lose, in this case) the minimum
this post is gay.
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09-11-2007 , 02:23 AM
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Hmmm, maybe it's just me who rarely comes out loser in a good live game?

this is funny.
Do you want numbers? Sample size? Remember we are not counting games where it's 3-4 per flop. What can I do to help you?
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09-11-2007 , 02:24 AM
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why do you people raise in limit? you know your hand has a chance in hell of ever holding up against the 45,000 callers
i am sure that this is a joke, albeit a bad one.
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09-11-2007 , 02:25 AM
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bob I thought you were a 5/10 10/20 grinder
i am. i just happen to be really good at limit hold'em and was a favorite in that game, so i played. although i quit once Chau Giang got up.
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09-11-2007 , 02:27 AM
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Metting Brandi was just the confidence booster you needed.
after meeting brandi, i was lucky i didn't need a penicilin booster.
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09-11-2007 , 02:30 AM
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PB,

why are you betting like a scared school girl?

[X] money left on table
[X] learn to use the slider thingy to bet more
[X] lol betsizeaments
[X] it's like op wants to win (errrr, lose, in this case) the minimum
this post is gay.
it's just meterosexual
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09-11-2007 , 02:52 AM
Filtered Pokertracker for hands where 5-10 see the flop. I am at 5 BB/100 and I don't think that's particularly atypical or "running good". (I thought it would be higher because I ran higher than that at microlimits). Let's move that up to 6 BB/100 because my Pokertracker sample is at much lower limits (and thus much higher rake) than I or anyone else plays live.

Let's assume 600 hands. That's 36 BB expected.

Variance is something like 16BB/100, no? My Pokertracker will take forever if I try to switch tabs so I won't look. Of course this does not represent variance for 5-handed flops, but it's a starting point. We also know full ring variance is less than shorthand, so I would expect 5-handed flop to be even worse. Extrapolating this to 600 hands in my groggy midnight state, gives something close to the original 36 BB in expectation. Therefore if you break even for the session you will be about a standard dev below. Now this is somewhat likely. However, note three things:

(1) Breakeven or close to breakeven is not "coming away loser". You would need to be 2 standard devs below
(2) Live is going to have less variance
(3) There's a tendency to not leave a good game while stuck. This is going to be a big big effect.

In summary, the Central Limit Theorem is a powerful powerful thing and works quicker than you would expect.

If anyone has read this far I will be amazed.
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09-11-2007 , 03:27 AM
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limited betting is NOT fun
FYP
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09-12-2007 , 02:57 AM
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Filtered Pokertracker for hands where 5-10 see the flop. I am at 5 BB/100 and I don't think that's particularly atypical or "running good". (I thought it would be higher because I ran higher than that at microlimits). Let's move that up to 6 BB/100 because my Pokertracker sample is at much lower limits (and thus much higher rake) than I or anyone else plays live.

Let's assume 600 hands. That's 36 BB expected.

Variance is something like 16BB/100, no? My Pokertracker will take forever if I try to switch tabs so I won't look. Of course this does not represent variance for 5-handed flops, but it's a starting point. We also know full ring variance is less than shorthand, so I would expect 5-handed flop to be even worse. Extrapolating this to 600 hands in my groggy midnight state, gives something close to the original 36 BB in expectation. Therefore if you break even for the session you will be about a standard dev below. Now this is somewhat likely. However, note three things:

(1) Breakeven or close to breakeven is not "coming away loser". You would need to be 2 standard devs below
(2) Live is going to have less variance
(3) There's a tendency to not leave a good game while stuck. This is going to be a big big effect.

In summary, the Central Limit Theorem is a powerful powerful thing and works quicker than you would expect.

If anyone has read this far I will be amazed.
this is all very dumb.
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09-12-2007 , 03:34 AM
even with replying in your own threads 20-30 times, accumulating 16k posts is absurd
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09-12-2007 , 03:39 AM
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Variance is something like 16BB/100, no?
I am not a highstakes limit player but this seems very wrong, and playing hands where many people see a flop should probably increase the variance.
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09-12-2007 , 03:50 AM
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even with replying in your own threads 20-30 times, accumulating 16k posts is absurd
100% agree
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09-12-2007 , 03:56 AM
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even with replying in your own threads 20-30 times, accumulating 16k posts is absurd
100% agree
tenfold the ridiculousness is accumulating 16k high-quality posts
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09-12-2007 , 01:40 PM
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were you gonna call if the maniac bet and the SB folded?
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09-12-2007 , 06:44 PM
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were you gonna call if the maniac bet and the SB folded?
no.
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09-12-2007 , 06:59 PM
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Variance is something like 16BB/100, no?
I am not a highstakes limit player but this seems very wrong, and playing hands where many people see a flop should probably increase the variance.
That is a good intuition but probably not correct, because why is full-ring less variance than SH which is less variance than HU? Variance is either 16 BB/100 or 18 BB/100 (my recollection is SH is 16 and fullring is 18. I think multiway flops may lower that because of the above trend), regardless variance times square root of 6 is going to be something comparable to 36.

Also, by filtering for flops 5 or more you are probably underestimating your winrate because lots of these hands will be from the blinds.

This thread is making me think I am way too conservative about bankroll management and taking shots IF the game is good at a much higher limit.
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09-12-2007 , 07:00 PM
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Filtered Pokertracker for hands where 5-10 see the flop. I am at 5 BB/100 and I don't think that's particularly atypical or "running good". (I thought it would be higher because I ran higher than that at microlimits). Let's move that up to 6 BB/100 because my Pokertracker sample is at much lower limits (and thus much higher rake) than I or anyone else plays live.

Let's assume 600 hands. That's 36 BB expected.

Variance is something like 16BB/100, no? My Pokertracker will take forever if I try to switch tabs so I won't look. Of course this does not represent variance for 5-handed flops, but it's a starting point. We also know full ring variance is less than shorthand, so I would expect 5-handed flop to be even worse. Extrapolating this to 600 hands in my groggy midnight state, gives something close to the original 36 BB in expectation. Therefore if you break even for the session you will be about a standard dev below. Now this is somewhat likely. However, note three things:

(1) Breakeven or close to breakeven is not "coming away loser". You would need to be 2 standard devs below
(2) Live is going to have less variance
(3) There's a tendency to not leave a good game while stuck. This is going to be a big big effect.

In summary, the Central Limit Theorem is a powerful powerful thing and works quicker than you would expect.

If anyone has read this far I will be amazed.
this is all very dumb.
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09-12-2007 , 11:28 PM
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NL is a 2 street game.
What are you, a shortstacker?
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09-12-2007 , 11:49 PM
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were you gonna call if the maniac bet and the SB folded?
no.
don't you admit this is pretty close?
personally I am not folding, at least I can buy my sleep at night for 600 dollars.
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