Sumary of special online bonuses

Simulations with your win rate/std deviation+bankroll requirements


If you are a Pokertracker user (if you aren't, email me to get it for free), you will find your win rate in the "General info" tab. To know the standard devation of you win rate for 100 hands, go to the "Session Notes" tab then "More Detail". These two numbers are given in big bets for one hundred hands (for no limit/pot limit games, a big bet is defined as twice a big blind).
Before you fetch these figures, go to "Preferences" to make sure you only select the games/limits you want so that you get a homogeneous sample of hands.

(1)=Used to calculate an estimation of your "true" win rate (=long run win rate) given your performance on a sample of n1 hands.
(2)=Used to calculate your probability of going broke and your minimal bankroll requirement.
(3)=Used to calculate the probability of your winning at least a given amount after n2 hands.
(1) (2) (3)
Number of hands played (n1) X Number of hands used by pokertracker to calculate your win rate and its standard deviation.
Win rate (BB/100h) X X X
Standard deviation on played hands (BB/100h) X X X
Desired size for your true win rate confidence interval (%) X
Your bankroll (BB) X Money that you allow yourself for poker. If you lose it, you have to stop playing poker.
Maximum risk of ruin required (%) X The maximum probability that you would accept for the event "i lose all my bankroll".
Number of hands you plan on playing (n2) X For instance, the number of hands you think you will play next month.
Minimum profit required after n2 hands (BB) X For instance, rent + food + various expenses for a month if you plan on going pro.