Leggo Poker Every Tool You Need To Win

sh58

Aug
23
2010
august swongs update
Posted in Poker | View Comments (5)
 

this month has been insane, even made me put a question out to MSNL, i'll repost it here too anyway
http://forumserver.twoplustwo.com/56...estion-859228/

the worst thing about poker to me is variance. yes i know its why we can make money at poker but not at chess etc, i understand the theoreticals and i understand it is definitely necessary.

my question is: what % of your hourly would you give up for zero variance

so for example; a pixie gives you a magic hand chart that guarantees half your winrate but absolutely zero variance. you can't exploit it by then playing 56 tables or something, the chart would know, its magic!. you just plod along as usual but have zero variance. if your hourly was $200, its now always $100, instead of +/- $5k/hour.

would you accept.

if not, what % would you accept at.


i'm thinking that both good and bad variance causes me to play alot less hours than i would like. bad leaves me tilted and i usually think it sensible to stop playing. good variance leaves a strong temptation to quit my session and go to the pub or something. i'm sure this rings true for most other regs.

i think there is a theoretical breakeven point just in pure $$EV, but also you might go below that for a more stable stressfree lifestyle.


anyway, heres my lol graph. i'm thankful i'm up for the month, but sad that i didn't just go on holiday after 3 days



Digg this Post! Add Post to del.icio.us Bookmark Post in Technorati Spurl this Post! Google Bookmark this Post!
Comments 5 Email Blog Entry  
Comments
08-23-2010
preflopjitters is offline preflopjitters
preflopjitters's Avatar
I would take the full winrate, but work on how I deal with stress.
08-23-2010
BobboFitos is offline BobboFitos
Interesting question. Ideally the "correct" answer, maximizing EV, would be not willing to sacrifice any winrate. All this, funny enough, is assuming the said individual is a winner in the first place Personally though, I wouldn't think twice about taking 10% off. So my point of marginal indifference is likely around 15%... Which is pretty substantial, if you think about it. (To people that say they'd do it for 50%, though... Really? Certainly there are better things you can be doing with your life if the variance bothers you to that extent!)
08-23-2010
Mr Papagiorgio is offline Mr Papagiorgio
Mr Papagiorgio's Avatar
If you need the money to live on, you have to take any guarantee that provides that. If you’re banking a little security for the future you gotta take the deal again. If you’re past that you can start factoring in ego / achievement etc. and you don't need the deal. --- Maslow's Hierarchy and all---
08-23-2010
Rajmaster is offline Rajmaster
100$ hour everytme..

hell.. if someone decided to stake me to bumhunt 6max over 10 site @ 5/10 and paid me 100$ an hour.. id play for him day in and out.. even if i end up making 50k a month... constant income > *
08-24-2010
Probability is offline Probability
Probability's Avatar
if my hourly was 1k per hour i would take variance free income at $500 every time. at my current hourly i will take the variance.
 
Recent Blog Entries by sh58