Thursday, August 4, 2016

Three times out of ten

Baseball is the only field of endeavor where a man can succeed three times out of ten and be considered a good performer.
 

Ted Williams

http://www.brainyquote.com/quotes/quotes/t/tedwilliam100519.html


Of course, Ted Williams was referring specifically to batting average. His statement may have been true at the time he came up with it, but nowadays it's no longer true. I can think of at least one other endeavor which fits this categorization - MTT 8-game poker. My current rate of making the money in this poker style and flavor is 36.05% (62 for 172). This is actually a winning percentage, at least for me.

It's definitely hard to feel successful with a percentage like this; my winning percentages in other poker style/flavor combos are much gaudier. However, that's not such a bad thing; it keeps me humble :-)

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE      870   130       9    48    1020  279   362        0
MTT   8-Game   4350   650       6    17      84   18    42        0
MTT   NLHE      870   130       6    42     785  192   152     1639


delta: $-5,361
MTT 8-game balance: $296,840
balance: $10,376,971

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