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  Poker - Testing
 
  #1  
12-05-2008, 9:02 PM
zachvac
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Location: Cleveland, OH
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Testing

First post ever in this section?
 

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  #2  
12-05-2008, 9:12 PM
KenFischer
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Quote:
Originally Posted by zachvac
First post ever in this section?
I think you have too much time on your hands... don't you have a final to study for, or something?
  #3  
12-05-2008, 9:13 PM
aloevera
Back to sng's and mtt's
 
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Cool, now what you goin to teach me Zach
  #4  
12-05-2008, 9:22 PM
Dorkus Malorkus
VOTE MCBAIN '08
 
Location: Birmingham, UK
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Quote:
Originally Posted by zachvac
First post ever in this section?
from the suckiest beginner on the site too, how fitting!

  #5  
12-05-2008, 9:26 PM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
Plays at: Pokerstars
Likes: NL Hold 'em
Posts: 5,287
Quote:
Originally Posted by KenFischer
I think you have too much time on your hands... don't you have a final to study for, or something?
lol actually more of a coincidence. Just got home, came upstairs, checked email, checked cardschat, browsing the right where it shows the most recent post in each thread, "wtf none?". Saw we had a beginner section, made first post lol.
  #6  
12-05-2008, 9:46 PM
KenFischer
CardsChat Regular
 
Location: College Park, MD
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Quote:
Originally Posted by zachvac
lol actually more of a coincidence. Just got home, came upstairs, checked email, checked cardschat, browsing the right where it shows the most recent post in each thread, "wtf none?". Saw we had a beginner section, made first post lol.
LOL - nice timing
  #7  
12-05-2008, 10:18 PM
dj11
Flopologist
 
Location: West of you.
Plays at: PSFTUBPOSB&O
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And what a terrible first post.

{x}Whole thread should soon disappear IMO.
  #8  
12-05-2008, 10:25 PM
vanquish
CardsChat Villain
 
Location: wondering where it all went wrong
Posts: 5,266
Quote:
Originally Posted by dj11
And what a terrible first post.

{x}Whole thread should soon disappear IMO.
dj might be right for once even though he butchered a checkbox
  #9  
12-05-2008, 10:30 PM
KenFischer
CardsChat Regular
 
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[x] opportunity to save an endangered thread by teaching correct checkbox technique
  #10  
12-05-2008, 10:31 PM
beardyian
Spikey
 
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Yes new peeps

Poker can be very testing
  #11  
12-05-2008, 10:34 PM
vanquish
CardsChat Villain
 
Location: wondering where it all went wrong
Posts: 5,266
Quote:
Originally Posted by beardyian
Yes new peeps

Poker can be very testing
HAHAHAHA GOLD
  #12  
12-05-2008, 10:37 PM
adventurebound
Cougar Tamer
 
Location: Minnewaukon
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Quote:
Originally Posted by Dorkus Malorkus
from the suckiest beginner on the site too, how fitting!

^^^lol'd

New section= good idea to get newbees to stick around for more than the passwords to the freerolls. good ev for time spent, imho
  #13  
12-05-2008, 11:27 PM
combuboom
it's a brand new era
 
Location: Florida
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Quote:
Originally Posted by vanquish
dj might be right for once even though he butchered a checkbox
bahaha
  #14  
12-05-2008, 11:31 PM
dj11
Flopologist
 
Location: West of you.
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Quote:
Originally Posted by vanquish
dj might be right for once even though he butchered a checkbox
check boxes are for checks, my box is for x's.
  #15  
12-05-2008, 11:37 PM
benevg
CardsChat Regular
 
Location: Sofia, Bulgaria
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Quote:
Originally Posted by dj11
check boxes are for checks, my box is for x's.
so it's an x-box now, is it? i somehow figured those would look different, with cables and such.
  #16  
13-05-2008, 12:21 AM
switch0723
End of Demo
 
Location: Taking the red pill
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Teach us maths zach
  #17  
13-05-2008, 1:16 AM
combuboom
it's a brand new era
 
Location: Florida
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so somebody post a question or something. LET'S LEARN
  #18  
13-05-2008, 1:21 AM
aloevera
Back to sng's and mtt's
 
Location: Oshawa, Canada
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Quote:
Originally Posted by combuboom
so somebody post a question or something. LET'S LEARN
How much should my BR technically be when playing a 3$ rebuy
  #19  
13-05-2008, 1:26 AM
KenFischer
CardsChat Regular
 
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Quote:
Originally Posted by aloevera
How much should my BR technically be when playing a 3$ rebuy
$21,150 should cover it
  #20  
13-05-2008, 1:33 AM
bubbasbestbabe
Suckout Queen
 
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Where's the password?
  #21  
13-05-2008, 3:21 AM
combuboom
it's a brand new era
 
Location: Florida
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Quote:
Originally Posted by aloevera
How much should my BR technically be when playing a 3$ rebuy
i think the general guideline is like 40-50 tournament buy-ins. for a rebuy i guess you'd probably want to figure out an approximate average amount you usually spend yourself, since people have different rebuy period styles. then count that as the buy-in. so if you average like 2 rebuys and an add-on, about $12, then $600 would be a conservative bankroll to have to play it consistently

..although my PS roll was like under $80 when i got 3rd so..
  #22  
13-05-2008, 3:37 AM
aloevera
Back to sng's and mtt's
 
Location: Oshawa, Canada
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Likes: holdem
Posts: 5,606
Quote:
Originally Posted by combuboom
i think the general guideline is like 40-50 tournament buy-ins. for a rebuy i guess you'd probably want to figure out an approximate average amount you usually spend yourself, since people have different rebuy period styles. then count that as the buy-in. so if you average like 2 rebuys and an add-on, about $12, then $600 would be a conservative bankroll to have to play it consistently

..although my PS roll was like under $80 when i got 3rd so..
Wow, that much! I spend no more than 15$ but on an average 9$. I go into them with 30 buck in my account, I'm pretty patient and make ITM the majority of the time and I've won more in them then have lost, but maybe its time I start looking at BR management.

I'm playing 10$ 45man sng's I lose 3 win 1 and ITM many kind of thing, that keeps me afloat...Do you really think BR management applies in Mtt's compared to cash games? I know it should apply in sng's.
  #23  
13-05-2008, 3:43 AM
vanquish
CardsChat Villain
 
Location: wondering where it all went wrong
Posts: 5,266
Quote:
Originally Posted by aloevera
Wow, that much! I spend no more than 15$ but on an average 9$. I go into them with 30 buck in my account, I'm pretty patient and make ITM the majority of the time and I've won more in them then have lost, but maybe its time I start looking at BR management.

I'm playing 10$ 45man sng's I lose 3 win 1 and ITM many kind of thing, that keeps me afloat...Do you really think BR management applies in Mtt's compared to cash games? I know it should apply in sng's.
do you really cash in the 3r the majority of the time?
that's almost godlike...
  #24  
13-05-2008, 3:47 AM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
Plays at: Pokerstars
Likes: NL Hold 'em
Posts: 5,287
Quote:
Originally Posted by aloevera
How much should my BR technically be when playing a 3$ rebuy
I think the correct number is 3.5*top prize - 10*expected ROI +3.792833*k

where k is a constant adjusted for how rigged each site is against you.

  #25  
13-05-2008, 3:47 AM
combuboom
it's a brand new era
 
Location: Florida
Plays at: Full Tilt
Likes: NL Hold 'em
Posts: 4,155
well if anything BRM can apply more in MTTs than SnGs because the variance is higher. but the PS $3r.. i know with your style you cash a pretty high %, so there's a good chance that even with $100 consistently in your account, you wouldn't be at risk. bankroll guidelines tend to be extremely conservative because it's kind of about how much you need to withstand even the harshest end of variance and bad luck. worst case scenario sort of stuff that you in all likelihood won't experience

$30 is definitely way too little to withstand a bad run, but as long as you have more funds that you can reload without problem just in case, then it's not that big of a deal imo
  #26  
13-05-2008, 3:47 AM
aloevera
Back to sng's and mtt's
 
Location: Oshawa, Canada
Plays at: Full Tilt
Likes: holdem
Posts: 5,606
Quote:
Originally Posted by vanquish
do you really cash in the 3r the majority of the time?
that's almost godlike...
You really meant to say goddess like right
  #27  
13-05-2008, 3:52 AM
pantin007
CardsChat Elite
 
Posts: 4,468
Quote:
I think the correct number is 3.5*top prize - 10*expected ROI +3.792833*k

where k is a constant adjusted for how rigged each site is against you.

quite simple
  #28  
13-05-2008, 4:33 AM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
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Posts: 5,287
Quote:
Originally Posted by pantin007
quite simple
Well this is the beginner's section. This is just the empirical estimate obviously, if it were somewhere else we could have gotten into the calculus of it and where the k comes from .
  #29  
13-05-2008, 6:16 AM
adventurebound
Cougar Tamer
 
Location: Minnewaukon
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Where did the k come from anyway?

It can't be a constant adjusted to how a site is rigged against me because according to my math each site is rigged 100% against me at every site I have a cash acount at, therefore no possible way to adjust from one site to the next. After all we all know poker is rigged (be it online or brick and mortar) simply because AA and AK does not win every single time that is unless the other guy has it.

Zach...please explain the calculus of K?
  #30  
13-05-2008, 6:35 AM
vanquish
CardsChat Villain
 
Location: wondering where it all went wrong
Posts: 5,266
wtf are you guys talkin about
  #31  
13-05-2008, 6:51 AM
chiefer77
<------saftey first
 
Location: ogdensburg new york
Plays at: pokerstars
Likes: holdem
Posts: 2,321
Quote:
Originally Posted by zachvac
I think the correct number is 3.5*top prize - 10*expected ROI +3.792833*k

where k is a constant adjusted for how rigged each site is against you.


i got a blah, blah, blah, what, huh, and what. damn i suck at math, from this post. it's a good thing you are around to confuse the newbs. lol

on a side not. finally we have a section where i might be better at this game then the rest.
  #32  
13-05-2008, 7:42 AM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
Plays at: Pokerstars
Likes: NL Hold 'em
Posts: 5,287
Quote:
Originally Posted by adventurebound
Where did the k come from anyway?

It can't be a constant adjusted to how a site is rigged against me because according to my math each site is rigged 100% against me at every site I have a cash acount at, therefore no possible way to adjust from one site to the next. After all we all know poker is rigged (be it online or brick and mortar) simply because AA and AK does not win every single time that is unless the other guy has it.

Zach...please explain the calculus of K?
Quote:
Originally Posted by vanquish
wtf are you guys talkin about
Quote:
Originally Posted by chiefer77
i got a blah, blah, blah, what, huh, and what. damn i suck at math, from this post. it's a good thing you are around to confuse the newbs. lol

lol you guys do realize I'm just making random crap up right? I thought about adding in another constant that was the number of pokerstars you can see when you look at the sky at night .
  #33  
13-05-2008, 8:13 AM
zachvac
Tenbob Curse Victim
 
Location: Cleveland, OH
Plays at: Pokerstars
Likes: NL Hold 'em
Posts: 5,287
Quote:
Originally Posted by adventurebound
Zach...please explain the calculus of K?

Glad you asked:
Here's the equation again:

BR needed = 3.5*top prize - 10*expected ROI +3.792833*k


If this were not an estimate we wouldn't use only top prize, but we would use all the prizes, probability of winning each one, and calculate the probability of busting to determine the BR needed. Instead we simply use the top prize assuming that we will be in different payout structures in a somewhat bell curve. The ROI normalizes it as if you have a high ROI you will be further to the right (towards the top prize) and if you have a low ROI you will be further to the left.

Now what we do is integrate the curve, and we take the area under a certain amount of money to be total money. Since it is a normal curve all the probability adds up to one, so the area under the curve is an approximate weighted average of the money and our probability. It's been calculated that even the most rigged site only takes $3.792833 from an average player, so someone with a 0 ROI and 100% rigged will need $3.792833.

But we still don't know if k is linear, quadratic, etc. We know two points, so we need to determine the order of k. Since we realize poker is rigged and although we can't explain it we know when poker is x% rigged, we just kept playing until we had a session where we just knew it was 50% rigged. We lost exactly $1.90 which is half of the 100% number rounded. So we determined that k is linear and we can use the formula included. It has been extensively tested and scientifically proven. Let's use it to determine the approximate BR needed if we assume that Stars, as we know it is, is 100% rigged, and our ROI will be 10%:

BR needed = 3.5*top prize - 10*expected ROI +3.792833*k
BR needed = 3.5*5520.68 - 10*0.1 + 3.792833*1
BR needed = $19,326
  #34  
13-05-2008, 10:59 AM
belladonna05
snoochie boochies
 
Location: indiana
Posts: 2,402
Still looking for noobie posts......not one yet....
  #35  
13-05-2008, 12:16 PM
RickH2005
CardsChat Elite
 
Location: Bath NY
Plays at: PS/Ultimatebet
Likes: Holdem/7-Stu
Posts: 1,090
What Just Happened?

MAN! Being new and all, this site is a bit difficult to manuver! I'll try again! Now, considering I flunked Math twice in college, BUT pulled a 98% on my high school Algebra final-isn't there an easier way to figure out what re-buys, add-ons etc. should be other than what you guys are TRYING to explain to us new-bees??? Sumpin' like, oh I dunno, never buy into an MTT w/ more than 2% of your bankroll OR drop out before the blinds reach you when table stakes are 10%+ of your roll in ring games OR sumpin' simple to remember and keep the calc book closed????
 


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