Friday, September 7, 2012

The quest for quod

Poker is the art of decision-making given incomplete information. The more information you have, the better your decisions can (though not necessarily will) be. It would be really nice if there were a way to measure the quality of the poker decisions you make. I dub this the quest for quod, where quod stands for "quality of decision". Unfortunately, by poker's very nature, the data on which to base any such measurement is incomplete. Therefore, any attempt to find a measurement formula is essentially doomed from the start.

If there were a good quod formula, it would help ease the pain when you lose. Many great poker writers stress that the goal in poker should not be to make money, but to make good decisions. If you routinely make good decisions, the money will follow.

Last night, I had a bad night, delta-wise. However, I think I had a great night, quod-wise. I don't know for sure, though, since I haven't come up with the formula yet :-)

buy_in entry_fee num_players num_hands place winnings

 50000       800           6        41     4        0
 50000       800           6        60     2   105000
 50000       800           6        59     3        0
 50000       800           6        24     3        0
 50000       800           6        72     3        0
 50000       800           6        59     5        0


delta: $-199,800
tournament balance: $1,019,090
balance: $6,149,821

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