MJ1 said:SSR,
What do you think of the new CVCX? What is the difference between hands to double and N0? Why are these numbers nearly identical? Shouldn't they be exactly identical? Thanks.
MJ
stainless steel rat said:The main thing is that N0 is the number of hands you need to play to reach your "expectation" (more specifically, to be ahead by 1 standard deviation, or being ahead at least 2/3 of the times you play to N0 hands).
MJ1 said:Thanks SSR, but I thought playing N0 hands gives the player at least a 5/6 chance of being ahead, and a 1/6 chance of being behind. After all, if you play N0 hands you are playing a sufficient number of hands to overcome 1 standard deviation of negative variance. The area to the left of the bell curve after 1 SD is about 16%. Thus, shouldn't the player have around a 5/6 chance of being ahead?
Just curious, why didn't you upgrade your CVCX to the newest version?
MJ
MJ1 said:Where I am getting stuck is I do not even see why N0 and hands to double should even be anywhere close to each other. They are two totally different concepts. Correct me if I am wrong, but one has absolutely nothing to do with the other.
In my first post, I suppose I took it for granted that they should equal without really thinking about what they represent.
MJ
MJ1 said:SSR,
Regarding hands to double, I did the math and it seems like this figure only represents the number of hands required such that the accumulated earnings equal HALF (50%) of the starting BR, not double.
QFIT said:Good catch. Originally I was using the Kelly bank; not full bankroll. I assume you have Kelly set to 0.5, which is why you came up with 50%. The latest update uses the full bankroll in the HTD calculation.
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