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Poker Video: Misc/Other by bellatrix (Micro/Small Stakes)

Q4.

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Wanna also pimp the series "Tolerance" here on Deucescracked!

Hi bella,

Even though I've read/heard about topics mentioned in this episode, this is the first time it's all gelled together into a cohesive message.

Seeing that improving our win rate provides the best protection from variance in the long run is a big motivator "to work on my game and [...] never give up" as RVTSteve puts it. I'll be thinking of you when I open Q7o on the button from now on.

Thank you!

Time Link to 00:46:08

http://www.deucescracked.com/articles/373-thoughts-about-winrates-and-variance

For those who don't feel like typing the link.

Great video bellatrix!

Bella, do you know how accurate the Excel/gnumeric/standard spreadsheet function "normdist" is?

I hear what you're saying about lack of an analytical solution to the Gaussian, but don't know how inaccurate the spreadsheets are.

Hi bella,

Even though I've read/heard about topics mentioned in this episode, this is the first time it's all gelled together into a cohesive message.

Seeing that improving our win rate provides the best protection from variance in the long run is a big motivator "to work on my game and [...] never give up" as RVTSteve puts it. I'll be thinking of you when I open Q7o on the button from now on.

Thank you!

Wait, I never told you to be a lagtard?!?!?

Bella, do you know how accurate the Excel/gnumeric/standard spreadsheet function "normdist" is?

I hear what you're saying about lack of an analytical solution to the Gaussian, but don't know how inaccurate the spreadsheets are.

No, I don't know it's accuracy. I usually just google stuff for the error function. There used to be books filled with pages and pages of numbers, lol. I assume Excel should be good until at least the 6th significant digit, but I'm such a trusting person

The homework strangely resembles one of my Probability 101 exams, except with random examples replaced by poker ones.

Fortunately, I am not getting billed for tuition.

easy for business students, thx.

Time Link to 00:27:10

Hi,

I like your comment about the science, it made me laugh. I am a scientist (protein crystallography) and always dismiss 3 sigma results at work, I am looking for 5 sigma and above. But if I am 1 sigma above expectation over 20k hands, then this is obviously my poker skills, not to be dismissed!! :-)

Thanks for the good video.

Thanks for the great series, but where can I find the solutions to the homework?

Thanks for the great series, but where can I find the solutions to the homework?

As soon as you send me something to bellatrix@deucescracked.com , I will send you the solution. It doesn't matter what you send in or not. There is no grading, it is more for you to find out if you are right or not, sort of self study. So far there have only been 2-3 people that have consistently sent in things after the second chapter, so it is very lax and no pressure. Just if you want to go that extra mile...

Ok I wanted to go it on my own but this chapter I sort of found myself zoning out and not getting why I need to know this stuff so I will grab your series. Are you still available to answer questions/homweork and will you be in forseeable future?

I am also unsure now, if I go thtough chapters and understand them well /easily (like chapter1) is it still worth watching the vid for that chapter? (Cause I plan not to at the moment)

Time Link to 00:19:41

Did you read Thaleb's books ?

The black Swan actually made me realize that when I play poker I am choosing certainty over the chaos that the real world is

Ok I wanted to go it on my own but this chapter I sort of found myself zoning out and not getting why I need to know this stuff so I will grab your series. Are you still available to answer questions/homweork and will you be in forseeable future?

I am also unsure now, if I go thtough chapters and understand them well /easily (like chapter1) is it still worth watching the vid for that chapter? (Cause I plan not to at the moment)

The chapters are pretty much independent of each other.
I never saw all Harry Potter movies, but could follow the last one just fine, because I read all the books.

I am always here to answer questions and homeworks. In fact, I know that a lot of people drop out throughout the course or that a lot of people work through it very slowly. That is fine, it's not a race.

Did you read Thaleb's books ?

The black Swan actually made me realize that when I play poker I am choosing certainty over the chaos that the real world is

Yep, I read Taleb's book "The black swan" and I read excerpts of "Fooled by Randomness". I liked them very much. Sometimes I do feel like he emphasizes the stock market as THE economic beacon, which it isn't, but I do like his approach.

And you're right. Fortunately in the sense that the cards do come out, we can expect orderly "predictable" results. We all have to deal with tilt and opponent tilt might represent some sort of variance, but not the cards, phew.