Poker: The Complete Guide To Poker – Learn Strategies To Dominate Poker And Texas Hold’em

Figuring out your Win Rate:
There’s an easy way to compute your
win/loss rate. Simply divide the money
you won/lost by the number of hours you
put in!
This calculation will give you the
average amount of money you lost for
every hour played per session. In

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statistical terms, this is called the mean.
If you like playing different games then
it’s best to keep records on a game-to-
game basis.
Knowing about your win rate on an
hourly basis is extremely helpful but
sometimes the mean can be misguiding
especially if your winnings have been
fluctuating. For instance, in poker, two
players might be winning at an average
of $15/hour. One of these players might
hold greater aggression and might be
winning large amounts of money on
some days while losing on the rest. This
means 
that 
he 
won’t 
have 
any
consistency that would make mean a
wrong measure of the player’s success

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rate.
I won’t go too deep into the mathematics
side of things and would keep it simple
as much as possible. Standard deviation
is the best way to counter such situations
where a player lacks consistency. Think
of standard deviation as if it was an
adjective used to describe the hourly
win rate. But before you go on learning
this nifty technique, ask yourself whether
you truly need it. If your winnings do not
swing wildly then simple average would
be a good enough technique for you.
Either way, learning this technique
wouldn’t do any harm. Every player has
a certain risk threshold that he is always
willing to take. If you monitor your

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standard deviations and the average
winning rate you calculated earlier, you
can easily work your way up and reduce
your fluctuations drastically. This will
give you the consistency any poker
player strives for.