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Set strategy--Playing my Rebound

Postby T-Rod » Mon Oct 09, 2006 9:34 am

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Postby ua1176 » Mon Oct 09, 2006 9:36 am

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Postby k3nt » Mon Oct 09, 2006 9:37 am

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Postby GodlikeRoy » Mon Oct 09, 2006 9:39 am

Poker is silly.

It is not enough to be good at chess, you must also play well.

Somewhere in the world someone is training when you are not. When you race him, he will win.

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Postby T-Rod » Mon Oct 09, 2006 9:42 am

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Postby black_knight6 » Mon Oct 09, 2006 9:45 am

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Postby k3nt » Mon Oct 09, 2006 9:48 am

T-Rod, you're misunderstanding the concept of "regression to the mean."

In the long-term future, say the next 1 billion times you have a pocket pair, you will flop a set almost exactly 11.7% of the time.

Now take that 117,000,000 times you will flop a set over that 1 billion hands, and add to it the 58 times you flopped a set over the 1,000 hands you just played (or 116 out of 2,000 or whatever.) You have now flopped a set 117,000,058 times out of 1,000,001,000 times, for a ratio of almost exactly 11.7 percent. Maybe it's 11.6999 percent. But you get the picture.

Your 5.8 percent number over the last 1,000 hands will move closer and closer to 11.7 percent. But that's because all of your future hands (in the long run) will be almost exactly 11.7 percent -- not because some particular subset of your future hands will be greater than 11.7 percent.
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Postby Zmej » Mon Oct 09, 2006 9:53 am

"#3 pencils and quadrille pads."
- Seymoure Cray (1925-1996) when asked what CAD tools he used to design the Cray I supercomputer; he also recommended using the back side of the pages so that the grid lines were not so dominant.

"Interesting - I use a Mac to help me design the next Cray."
- Seymoure Cray (1925-1996) when he was told that Apple Inc. had recently bought a Cray supercomputer to help them design the next Mac.
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Postby emmasdad » Mon Oct 09, 2006 9:58 am

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Postby T-Rod » Mon Oct 09, 2006 10:05 am

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Postby emmasdad » Mon Oct 09, 2006 10:15 am

Someone posted the coin flipping simulation a while back, found .

The same type of simulation could be used for hitting sets in hold'em poker. K3nt is correct in that as the number of random events apporached infinity, the actual result will approach the expected result. And there is no way to game it.
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Postby k3nt » Mon Oct 09, 2006 11:05 am

T-Rod, the point isn't the billion hands. The point is that you have zero reason to expect that it will "even out," in the sense that you will flop more sets than expected, over ANY time period in the future.

Let's say you flopped 0 sets over 1,000 hands with pocket pairs. A serious statistical anomaly. Then over the next 9,000 hands, you flopped the normal number over every 1,000 hands: exactly 117.

Here's your data set in format (X, Y) where X = pairs, Y = sets

(1000, 0) ==> 0.00% sets
(2000, 117) ==> 5.85% sets
(3000, 234) ==> 7.80% sets
(4000, 351) ==> 8.78% sets
(5000, 468) ==> 9.36% sets
(6000, 585) ==> 9.75% sets
(7000, 702) ==> 10.03% sets
(8000, 819) ==> 10.24% sets
(9000, 936) ==> 10.40% sets
(10000, 1053) ==> 10.53% sets

This data set is "regressing to the mean." By percentage, you are getting closer and closer to 11.7 percent of sets flopped. But by number of sets flopped, you are remaining exactly 117 sets lower than would have been expected. There is no time period over which you (can expect to) flop more sets than expected.

In short, "regression to the mean" simply does not mean that you ever get to flop more sets than expected, over any time period.
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Postby T-Rod » Mon Oct 09, 2006 12:20 pm

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Postby k3nt » Mon Oct 09, 2006 2:32 pm

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Postby Rhound50 » Mon Oct 09, 2006 2:50 pm

"Its a pink handbag not backpack damn it." Godlikeroy

"From playing full tilt I wanna smash every garden gnome I see. That travelocity commercial puts me on instant tilt."
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