Showing posts with label aggregate evaluation. Show all posts
Showing posts with label aggregate evaluation. Show all posts

Friday, October 30, 2015

Aggregate evaluation

When you fail to make the money in any of the sit and gos you play in a single session, it might not be the case that you're not playing well. On the other hand, that might indeed be the case. How can you distinguish a losing session where you played well from one where you played poorly? I've come up with a method. You need to use aggregated past results as a guide, where the aggregation is driven by characteristics of your current session. Let me use last night's session as an example. I played three sit and gos, and failed to make the money in any of them. However, I bubbled two of the three, and all three lasted a fair number of hands. My shortest sit and go lasted 37 hands, and my longest lasted 53. Using those numbers as bookends, I aggregated my results in all sit and go no limit hold'em tournaments which had a length in that range; here are the counts:

+-------+----------+
| place | count(*) |
+-------+----------+
|     1 |       35 |
|     2 |       48 |
|     3 |       62 |
|     4 |       36 |
|     5 |       11 |
+-------+----------+


If all of those 192 tournaments had been played at the $45,000 buy in level, I would have made a profit of $1,078,500 on them. That proves that I was playing quite well indeed last night, even though I failed to make the money. The real lesson here is that when you play sit and gos, you should pay very little attention to the results of any particular session; instead, you should take the long view and look at your results over extended periods of time.

buy_in entry players hands place winnings

 45000  5000       6    45     3        0
 45000  5000       6    37     4        0
 45000  5000       6    53     3        0


delta: $-150,000
Sit and go no limit hold'em balance: $294,700
balance: $7,385,164