Re: Probability of 100BB Downswing
[ QUOTE ]
Not the bankroll fluctuations, but the bankroll itself.
[/ QUOTE ]
That's actually what I meant. I am not sure it is, though. Doesn't brownian motion assume equal step sizes?
If so, this is clearly not a good model for your bankroll. For example, what if the question was a 25BB downswing rather than 100? Clearly the long term normal approximation will fail, right?
I may be misunderstanding you though....
|