Re: Solving for standard deviation
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My problem is that I'm solving for the standard deviation of one HAND, but then trying to use that to find the standard deviation of a hundred WAGERS
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Yes, and that's what cannot be done (if I understand your use of those terms). So can't you incorporate all of this extra uncertainty (# hands, wager size, etc.) into your simulation engine? If so, you can estimate all kinds of things regarding the risk per ROUND of betting.
alThor
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