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#1
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Re: Beware of StatKing!
Grst post homer!
But I have a few questions.. I use pokercharts to track my play and now i wonder which number I'm going to use for the Standard Devation Is it: 1. Return Standard Devation (Standard devation from the mean return over the specifed dates) or is it: Win Rate Standard Devation (Standard devation from the mean win rate over the specifed dates) I don't understand what the diffrence between them are? |
#2
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Re: Beware of StatKing!
Can someone post the formula in Excel for the Risk of Ruin {r = exp(-2uB/sigma^2)} as well?
Thanks! |
#3
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Re: Beware of StatKing!
Copy and paste Homer's cells B1-B4 to C1-C4. Type a number in for the bankroll in C1, instead of the equation that is there now. Then click in C4 and enter:
=exp(-2*C3*C1/C2^2) C4 is the risk of ruin, and now you can vary the other 3 numbers. |
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