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Simplified Random Walk Model for Chouette $ expectation

Posted By: Jake Jacobs
Date: Tuesday, 23 April 2013, at 2:38 a.m.

In Response To: Simplified Random Walk Model for Chouette $ expectation (Phil Simborg)

Phil, during the 1990s I averaged 1000 hours per year playing in chouettes, and estimated that in most we played ten games per hour. The largest sub group was the $10 (later $20) chouette at the Bar Point, and downtown. The second largest was the $3 or $5 chouette at the Pub Club. There were substantial contributions from Hong Kong and Thailand, and of course at tournaments. While the skill level of these games ranged, from the Pub Club (with Big Jim, Harold the Judge, Joe Wollick, etc.) at the bottom, and tournament chouettes at the top, the range was nowhere near as wide as people might guess. The Bar Point games had players like Deeb and Big Jim, but also had Howard Ring, Neil (occasionally), and David Wells among others, so weren't too different from the tournament chouettes with Dougie, Karateman, Jon V, and the rest of the gang.

My hourly average was not +4, it was +2, and year to year it ranged from +1.5 to +2.5. I can't recall my estimated variance, but think it was closer to 15 or 20 points per std. I can recall extended stretches of results that seemed off the charts, e.g. in September, 1996 I went to Thailand for two weeks, expecting to pay for the trip with juicy play. I played in chouettes, and played heads up. The best player in Pattaya in those days played about as well as Stu Katz, albeit with less than 10% of the steam. Several, including one of the heads up players, might have had trouble beating Tim Stodder. I played about 1000 games that trip, and wound up stuck a few points.

Unless you get to play permabox, a chouette, even a confederacy of dunces, will in aggregate play better against you than you think. Some of the worst losses the worst players incur - will be to each other. By and large heads up play against the right opponents will be much more profitable than chouette play.

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