Re: Diff b/t ROI + ROR???
Risk of Ruin
R=EXP(-2HB/S^2)
where:
R=Risk of Ruin
B=Bankroll
S=Standard deviation/tourney (or per hour in ring games)
H=Win rate. Avg profit/tourney (or hourly rate in ring games)
B=-(S^2/2H)LN(R)
is to determine bankroll requirements for a given risk of ruin
Regards
Brad S
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