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Old 03-25-2005, 01:54 PM
pho75 pho75 is offline
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Join Date: Dec 2004
Posts: 133
Default Re: risk of ruin for maths people

I use this formula:
Bankroll needed = -(SD^2/2*hourly win rate)ln(risk of ruin)

SD=standard deviation

I got it from the excellent article on bankroll consideration from

http://www.bet-the-pot.com/bankroll-...on-page43.html
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