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Old 11-23-2004, 05:57 PM
mannika mannika is offline
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Join Date: Jul 2004
Location: KTown Ghetto
Posts: 291
Default Re: odds of losing half your bankroll

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Probability of losing half your bankroll is the same as losing 2/3 of the bets.

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If the bankroll is defined as the number of bets multiplied times the bet value, then shouldn't the probability of losing half your bankroll be the same as losing 3/4 of the bets?

If you're only losing 2/3 of the bets, then you have won 1/3, so you're essentially breaking even on all but 1/3 of your bets, which you lose.

However, if you're losing 3/4 of the bets, only 1/4 of that is covered by the ones you win, so that is the correct proportion for solving this problem.
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