View Full Version : Question about Risk of Ruin
Stork
03-10-2005, 07:31 PM
So I think I read somewhere that a 300BB bankroll for a player winning 2(or was it 1?)BB/100 is enough to reduce the risk of ruin to 5%. I don't know the forumula for it though, so can someone tell me the risk of ruin if my bankroll is only 100BBs, assuming I'm winning 2.5BB/100?
elitegimp
03-10-2005, 10:48 PM
[ QUOTE ]
So I think I read somewhere that a 300BB bankroll for a player winning 2(or was it 1?)BB/100 is enough to reduce the risk of ruin to 5%. I don't know the forumula for it though, so can someone tell me the risk of ruin if my bankroll is only 100BBs, assuming I'm winning 2.5BB/100?
[/ QUOTE ]
you need to tell us your standard deviation in BB/100 as well (it's somewhere in Pokertracker, and I assume that's where you got your winrate from).
Stork
03-10-2005, 11:17 PM
Hrm, actually I don't have pokertracker, but lets just say standard deviation of 14BB/100, which I think is typical.
gaming_mouse
03-10-2005, 11:37 PM
[ QUOTE ]
Hrm, actually I don't have pokertracker, but lets just say standard deviation of 14BB/100, which I think is typical.
[/ QUOTE ]
BANKROLL = -(sigma^2/2*mu)ln(risk)
100 BB should give you 8% ROR given a win rate of 2.5BB/100
Stork
03-10-2005, 11:53 PM
k, thanks.
vBulletin® v3.8.11, Copyright ©2000-2024, vBulletin Solutions Inc.