Re: Approximate Kelly BR for LHE?.
It depends.
The kelly system allows you to assume any ROR you want. As I understand it, the 300BB guideline for LHE gives you a better than 90% chance.
If you're looking to move up fast and want to assume a high ROR like 13%, then there's nothing wrong with that. Just realize that ruin is a real phenomenon and most gamblers like to avoid it like the plague.
If you can already beat the 15-30, then there is nothing wrong with your plan, as long as you realize that you may have to forgo some marginal +EV situations in an effort to minimize variance.
You won't have to get too lucky if you are a good player. If you can crush the limits you plan on playing, then you will likely not have a problem. But, if you really can't beat the games...
Dov
BTW, If you are good at NL, you may be able to build your roll faster, and with less variance.
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