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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.