Thread: Risk of Ruin
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  #4  
Old 07-25-2005, 10:37 AM
fnord_too fnord_too is offline
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Join Date: May 2004
Location: Norfolk, VA
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Default Re: Risk of Ruin

I selected 4, but none of the options are really correct for me. My risk of ruin is pretty near zero, since I will drop down if my bankroll drops, and I carry a large bankroll for what I play. You cannot know your RoR exactly. It is impossible to know your exact expectation or standard deviation in Poker. You cannot solve explicityly that like you can in craps, say. Maybe 5 was a more apropriate choice, because I am always looking at EV and bankroll and adjusting accordingly. Basically, what I am saying, is that trying to get an exact figure is futile and silly since estimation error is so high. (As the old saying goes: "Measure with a micrometer, mark with chalk, cut with an axe.")
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