Originally Posted by
Freightman
As an example to my post 24, I used to put in lots of hours when I had my local stores. I played at or close to EV. It didn't phase me that my average dollar loss exceeded my average dollar win. I was comforted by the comments if a well known respected poster, who suggested that was his trend etc. I always had a high win rate, most of it natural, not manipulated. The high win rate compensated for the higher dollar loss than win factor, and I was happy.
Somewhere along the line, I jotted on paper my average win loss dollar amounts against varying win percentage rates, then looked again by evening the average win loss dollar amount, then worked different win percentage rates against lower average dollar losses. The cumulative effects were staggering.
To make a long story short, I worked at incorporating ideas and adopted strategies that would help me do this. The results, still short term, maybe a year, are a reduced dollar win rate, a high percentage win rate, and a greatly reduced dollar loss rate. Effect on overall win is somewhat staggering. I think it important to note that the law of large numbers always applies, and that the traditional accepted percentage hands won, lost or tied, remains unchanged.
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