Re: Calculate your winrate and bankroll requirements with this
Hmm I responded to this already but it hasn't shown up. Apologies if you see this twice.
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Anyone who "maintains a 500BB roll" by cashing out amounts over 500BB has a 100% risk of ruin, in theory: if you play long enough you will always suffer arbitarily large downswings.
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I have played 700K hands never dropping more then 350BB. That is 3 years playing, a couple of hours every day. Of course I can hit 500 tomorrow. But saying it is 100% risk of ruin is only right if we all played forever.
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That's the point: all these risk of ruin calculations are only right if we play forever. I just wanted to be clear on the meaning of these figures.
I've never dropped more than 300BB but I don't play as much as you, or as well as you, so I am sure bigger downswings are to come.
Guy.
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