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What kin of sample size should I have to guage how successful I would be at these long term....
My goal is to have highest $/hr...
as of now im 6 tabling and here i my stats ...
<TABLE class=sortTable id=t1 borderColor=black border=1><TBODY id=tablerows><TR class=sortTable id="MurOnDubs#pokerstars& E180-180 S2.5-5 G=H NoLim Spd=N NormalFormat No Rebuy Expenses"><TD class=sortTable align=middle>MurOnDubs<INPUT onclick=showpreferences(); type=image height=14 width=28 src="http://www.sharkscope.com/images/shark3.gif" mce_src="http://www.sharkscope.com/images/shark3.gif"> </TD><TD class=sortTable align=middle>250</TD><TD class=sortTable title="The Av. Profit is the Average Profit Per Game after rake has been subtracted." align=right>$8 </TD><TD class=sortTable title="The Av. Stake is the average tournament buy-in amount." align=right>$4 </TD><TD class=sortTable title="The Av. ROI is the Average of each game's Return On Investment. It is the average of each (Payout-(Stake+Rake))/(Stake+Rake). This is not the same as total ROI which is (Total Payouts-(Total Rake+Total Stakes))/(Total Stakes+Total Rake)." align=middle>179%</TD><TD class=sortTable title="The Total Profit is the net profit for this player (and includes rake)." align=right>$1,964 </TD></TR></TBODY></TABLE>
should i be adding tables.... or wait til i get to say... 1K sample size
thanks! -
you need a larger sample size but it seems as if your playing well, keep up the good work.
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how large of a sample size should i be looking at? 1K?
i honestly dont think im on a heater or running above expectation... 6 tabling these... its easy to pay attention to everyone.. and the play is so bad, i feel that my ROI can be sustained well over 100% -
lol, nice brag but you're running wayyyyyyyyyyyy above expectation-prepare to lose
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yes im talkin about 180s obv
how far above expectation am i running?
what is a solid ROI expected to be sustained over say a 2K sample size?
thanks! more importantly .... how many should i be multitabling to produce the highest dollar per hour?
thanks to anyone who can answer these -
It's basically impossible to know how good/bad you are with just the stats you posted. You're obv running above expection, but how far above is anyone's guess. As already mentioned, 250 games is a pretty small sample, and while you're doing very well so far, you might not be much better than breakeven over a few thousand of these (not saying you are/aren't, just making a point).
Originally Posted by murondubs
yes im talkin about 180s obv
how far above expectation am i running?
what is a solid ROI expected to be sustained over say a 2K sample size?
thanks! more importantly .... how many should i be multitabling to produce the highest dollar per hour?
thanks to anyone who can answer these
Nevertheless, with the way things are going so far I'd advocate increasing the # of tables you're playing -- but only if you feel comfortable doing that. Your ROI will likely decrease, but your hourly rate will increase (note: your hourly rate will probably decrease in the short run since you're running so well right now... but it will undoubtedly increase over the long run if you're comfortably playing more tables).
As far as "what is a solid ROI over a 2k sample"... I'd shoot for something like 50%. To give you some perspective, the best guys that have put in that kind of sample in these games can achieve 80-100% ROIs. So 50% is pretty decent.
If I were you, I'd practice increasing the # of tables you're playing until you're confident playing 12 at a time and know that you're not hurting your ROI all that much. Once you reach that point, just keep working on your game and adding more tables :)
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