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Instructions : 1. Select game type. Click on cards to enter hands and board flop, turn etc. Click 'Calculate Odds' button. Note: Use 'destination' to enter cards in a different order.
Replay Mode : This allows you to analyse the odds at each stage of the hand. From the designers of Holdem Indicator , Tournament Indicator , iOmaha Indicator , and Stud Indicator , the most popular Poker Calculator for online poker games.
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Top Categories Algebra Analytical Date Day Finance Health Mortgage Numbers Physics Statistics More. The rake is already considered in the win rate.
Your win rate should always be after the rake. Winnings are measured in big blinds. That means you have won big blinds over 10, hands. This is equal to 2.
What youre looking for is the standard deviation for the mean. For example the variance for a single fair coin flip is 0. If you want to know the variance of the sum of 10 coin flips you do 0.
The same goes for poker hands. The variance for poker hands in NLH 6max is, say, squared. To calculate the variance of the sum for 10 thousand hands you have to think how many groups of hands does have?
Everything is super misleading. This means that these tables are significantly underestimating by a factor of about 2 the amount of bankroll needed to only have a 5 percent chance of going broke.
Fortunately, this problem mitigates as the probability of going broke is reduced. Thus the Bankroll Required to Assure a Win tables do contain solid estimates and produce a risk of ruin of approximately 1.
I wrote some of it. It in no way changes the fact that the calculations in that section are no way to compute the bankroll requirement for a desired risk of ruin.
That number gets worse as the risk of ruin is reduced. If we want a 0. The mitigating factor is that both of those numbers are relatively small.
Lots of folks may not care if their risk of ruin is 1. The 0. You chose that as a way to include essentially all of a population as is common in statistics.
Except you are considering the wrong population. We want the population of all random walks that never go broke. Using the former population for bankroll requirements and risk of ruin is mathematical nonsense.
BTW, the formula Pokerdope posted was well known long before Mathematics of Poker by Chen and Ankenman. Before that it was well known to the blackjack community, having appeared in papers by George C.
It was surely known in mathematics before that as the general expression is important in financial math, and it can also be obtained from the Weiner process.
There is also an analytical short term ruin formula for risk of ruin in a finite number of hands. The confidence intervals in his graph have nothing to do with risk of ruin.
His graph is showing you a range of results assuming you can play through any drawdowns. Since , CardPlayer has provided poker players with poker strategy , poker news , and poker results.
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