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Assume a player has an average buy in of 50 dollars
Assume that he has logged 3k games
Assume that his ROI over that sample is 10%
Assume he plays on a very weak site
How close is this player to his true roi?
+/- 2 or 3 percent?
Or is the sample size not big enough to make an accurate guess and he could just be a donkey running well? -
Almost no chance you are off by 3% over 3k stts.
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If you go to the FAQ in the STT strategy section of 2+2...under 'variance and sample sizes' or something there is a ROI simulator which will basically answer all your questions. You just have to plug in the numbers for your finish distributions and sample size and it will tell you the % chance your actual roi is >X, what your biggest downswing will be in that that number of games on average etc. Its rly good.
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