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Intuition test.

Postby Zmej » Sat Feb 02, 2008 5:16 pm

I want to test to what extent people can anticipate downswings, and I have a simple idea how to make this.

First, estimate your advantage over your opponents. Suppose you are offered a near-coinflip with the better part of it, like [9s] [9c] vs [Ac] [Kc]. At what point would you refuse it? Like 55 vs AKs, or 33 vs AKs, I don't know, make a reasonable guess. Then you estimate the bankroll that you need for this. (it's better if you would precise which probability of going broke you accept in your estimation.)

I did some calculations and I'll post the results later, if there is some interest.
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- 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 black_knight6 » Sat Feb 02, 2008 5:18 pm

Once again, I'm confused.

If I KNOW they have AKs and I have a black PP <KK, what's the difference between 22 and QQ?

If I have a good br and my mindset is in the right place, then I'll take them all day long.
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Postby Zmej » Sat Feb 02, 2008 5:23 pm

"#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 80Proof » Sat Feb 02, 2008 6:35 pm

Last edited by 80Proof on Sat Feb 02, 2008 6:36 pm, edited 1 time in total.
-80
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Postby Spank_her_Pair » Sat Feb 02, 2008 6:36 pm

[5c] [7c]
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Postby excession » Sat Feb 02, 2008 7:03 pm

Last edited by excession on Sun Feb 03, 2008 2:32 am, edited 2 times in total.
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Postby 80Proof » Sat Feb 02, 2008 7:47 pm

-80
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Postby Cooper » Sun Feb 03, 2008 2:04 am

I think if I could have a 50 buyin BR the chances of going broke would be very (<1%) small ?

I wrote a similar C++ simulation to this a few weeks back, I can always update it with your equity numbers and rerun it and make graph over the probability of going broke vs X number of buyins.
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Postby Zuccala » Sun Feb 03, 2008 2:34 am

2008 Goals:

1. Make $40K by year end.
2. Play at least 100hrs a month.
3. Read 5-10 new Poker Books w/ notes.
4. Become regular at $2/$4 FR
5. Try some $5/$10 FR
6. Work on Game non-stop.
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Postby Zmej » Sun Feb 03, 2008 4:29 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 Electrolux » Sun Feb 03, 2008 4:34 am

I thought you had 50.3 % equity with [2c][2s] vs [As][Ks]?
And that you have 53.9 % equity with [Qc][Qs].

Now that is a huge difference.

With 22 and 100 BB stacks you win 50.3% of a 200 BB stack each time (no rake I assume) +EV of 0.6BB. I.e. in 100 hands i win 60 BB/100

With QQ, I have + EV of 7.8 BB, i.e., in 100 hands I win 780 BB

Although the difference is only a few percentage points, the winrate difference is huge. Basically the EV over 50%, 3.9/0.3 = 13 times.

I would assume that I would need a huge BR to be able to have less than 10% risk of ruin with 50.3% equity. I am too lazy to do the math, but I do not think 200 buy ins of 100 BB is enough.

With QQ and 53.9% I think you need a lot less. say 50-75?

Zmej, do the math for me. plz.
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Postby Zmej » Sun Feb 03, 2008 4:39 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 Electrolux » Mon Feb 04, 2008 1:38 am

- Mexicans are filthy. I once blew a Mexican. I had diarrhea for a week. Sarah Silverman

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Postby chuckwhoolery » Wed Feb 06, 2008 1:25 am

I dont really get the discussion, how often are you gonna deduce that he has AKs without putting money in the pot...and once they'res money in the pot folding a coinflip would be -EV...correct me if im wrong but this seems like a moot discussion.
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Postby Electrolux » Wed Feb 06, 2008 2:07 am

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