Showing posts with label other people's money. Show all posts
Showing posts with label other people's money. Show all posts

Monday, September 30, 2013

Other people's money

Every now and then I like to take a look at a percentage I call opm; it's short for "other people's money". It can only be calculated on hands where you won. opm is the percentage of your winnings which came from your opponents. The opm percentage has an upper bound of (num_players - 1) / (num_players); at a 9 player table, the upper bound is therefore 8 / 9, or .888888...

In practice, it's quite difficult to achieve an opm percentage of 80 or better, especially if there's a lot of betting going on. The more action there is, the more likely people are to drop out before showdown, which brings down the opm.

Last night, on the penultimate hand of the night, I won a pot worth $22,900 with a king high straight. Fully $18,100 of this was other people's money, so the opm percentage came out to 79.

During current Hold'em session you were dealt 29 hands and saw flop:
 - 2 out of 3 times while in big blind (66%)
 - 3 out of 4 times while in small blind (75%)
 - 16 out of 22 times in other positions (72%)
 - a total of 21 out of 29 (72%)
 Pots won at showdown - 3 of 5 (60%)
 Pots won without showdown - 1

delta: $21,254
cash game no limit hold'em balance: $5,023,170
balance: $7,380,123

Tuesday, August 2, 2011

Other people's money

As impressive as winning a huge pot is, what's more impressive is winning a pot which has a huge amount of other people's money in it. The minimum amount of other people's money in a won pot is half the pot. The maximum amount of other people's money in a won pot can theoretically be as high as 88.88% of the pot; that is, 8 / 9, in the scenario where all players at a nine player table go to showdown, and there are no uncovered bets. Clearly, that never happens.

I just wrote some tools to come up with a sorted list of the amounts of other people's money I've won per pot playing pot limit hold'em. Why did I do this? Because I had a hunch that my biggest pot from last night's session would turn out to contain the largest amount of other people's money I've ever won in a single pot limit hold'em pot. I was almost right :-) My two pair of aces and deuces won a monster pot worth $106,400, of which $71,600 (67%) was other people's money; this made it to #3 on my all time list.

During current Hold'em session you were dealt 103 hands and saw flop:
- 5 out of 10 times while in big blind (50%)
- 9 out of 14 times while in small blind (64%)
- 59 out of 79 times in other positions (74%)
- a total of 73 out of 103 (70%)
Pots won at showdown - 8 of 16 (50%)
Pots won without showdown - 6

delta: $68,304
balance: $1,906,835