The variance of basic blackjack is something like 2, seems like hold'em should be some small multiple of that, I dunno, maybe 4 or 5, I think that kind of figure has been floated before. Sklansky's twoplustwo.com might have some info. Bob should get Sklansky on his radio show. Once you have the variance, the SD can be approximated as half the average pot times sqrt(variance x hands). Hold'em edges are usually expressed in terms of BigBlinds per hour, like 1-2BB/hour. Also, in hold'em, how you play effects the variance, there are plays that increase the variance and there are plays that decrease it, like "pot control". The igt bot is mostly a hyper-LAG and the best response to that is to call a lot but not raise a lot, that might give you some ideas of how to play. Hyper-LAG itself is a high variance strategy. Ed Miller, the "noted poker authority", used to be on this forum, maybe he has some ideas of how to play the igt bot.
Strategy discussion:
http://www.lvrevealed.com/articles/research/selby.html
http://forumserver.twoplustwo.com/109/heads-up-limit/
--- In vpFREE@yahoogroups.com, "kcace1024" <cy4873@...> wrote:
>
> The best EV game left at one of my local casinos may be the Head Up Texas Hold'em game. How many hands will I need to play to have a good estimate of the house or player edge? I guess the average pot size may be required to figure the variance?
>
> If I assume no edge (breakeven play) what is the equation to get the standard deviation for profit or loss after N hands. Can I use average pot size and treat it like N coin flips or does the variation in pot size affect the result. If I can play this game at breakeven then I can earn freeplay and comps.
>
> I found a robot to play Heads Up on the Kongregate web site. Does anyone know of other robots I can play online for practice? Is there a basic strategy (like in blackjack) for playing robots heads up?
>
> Thanks,
>
> Chris
>
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