US States
NJ Online Casinos
WV Online Casinos
PA Online Casinos
Michigan Online Casinos
Online Casino California
Online Casino Arizona
Online Casino NY
Real Money Casinos
Fastest Payout Casinos
Mobile Casino Apps
New Online Casinos
Casino Payment Methods
Sweepstakes
Sweepstakes apps
No deposit bonus
Daily login bonus
Sweepstakes games
Crown Coins
Funrize
Hello Millions
High 5 Casino
Jackpota Casino
Mcluck
MegaBonanza
PlayFame
Pulsz
RealPrize
Stake.us
Sweepstakes coins
Awards
Search forums
Free Games
Free Blackjack
Free Online Roulette
Free Slots
Bonuses
No Deposit Bonus
Crown Coins Promo Code
Funrize Primo Code
Hello Millions Promo Code
High 5 Casino Promo Code
Jackpota Promo Code
McLuck Promo Code
MegaBonanza Promo Code
Pulsz Promo Code
RealPrize Promo Code
Stake.us Promo Code
Games
Online Slots
Blackjack
Roulette
Poker
CardsChat Freerolls
How to Play Poker
Poker Hands
Poker Strategy
Free Online Poker Game
Poker Bonuses
Poker Tools
Poker Podcast
Poker School
Forum
News
Log in
Join
Search
Search
Search titles only
By:
Log in
Register
Search
Install the app
Install
Forum
Poker Discussion
General Poker
Could some people just run cold?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="joeydy123, post: 725749, member: 34685"] To get back to the original question, you are correct in that ALL players will either win more or less than their actual statistical expectation. However, the larger the sample size, the more their actual winnings/losses will trend towards their actual statistical expectation. For example, if we play a simple coin tossing game where we each bet $1 on heads or tails, after 100,000 tosses it is incredibly unlikely that we are going to be even – one of us will have earned more and the other will have lost more that we would have expected. In this case, if I win 49.5% of the time instead of the expected 50%, I will be down $500. What is key though, as Zach has said, is that on the next toss I still have exactly a 50% change of winning. However, if I find a fish that is willing to give me 1.5:1 odds on a coin toss and I play a sufficient amount of times I am essentially guaranteed to be ahead (but still unlikely to ever be exactly the amount ahead as I would expect) Example 2: I bet $10 into a pot of $10 with a pair of aces Villain calls with a flush draw (he is all in, so this ends the betting on the hand) My expectation for the bet is $14 (win $20 80% of the time and lose $10 20% of the time) His expectation for the bet is -$4 (win $20 20% of the time and lose $10 80% of the time) However, everytime we do this one of us will do better than expected and the other will do worse than expected. The more we play, the closer the results will get to the expected 80% / 20% but they are unlikely to ever be exactly right. Sorry, got a bit carried away with this. To answer the question, yes some people do lose more than they should, but it will be insignificant over a sufficient number of hands with responsible bankroll management. [/QUOTE]
Insert quotes…
Verification
Post reply
Forum
Poker Discussion
General Poker
Could some people just run cold?
Top