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Old 12-23-2005, 02:25 PM
BillC BillC is offline
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Join Date: Sep 2002
Posts: 43
Default Re: Heads Up SNG standard D

bankroll=-ln(r)v/(2E) where v=variance, E=expectation, and r=risk of ruin.
You bankroll is your total wealth (including future earnings) minus expenses, not your "gambling bank", or "what you can afford to lose"
You can Kelly bet by changing buy-ins, moving up or down according to bankroll.

Btw E=.6 is um, optimistic.
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