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  #1  
Old 03-30-2004, 02:02 AM
MrFroggyX MrFroggyX is offline
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Join Date: Nov 2003
Location: Sweden
Posts: 211
Default 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?

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  #2  
Old 04-01-2004, 11:46 AM
ZootMurph ZootMurph is offline
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Join Date: Mar 2004
Posts: 151
Default Re: Beware of StatKing!

Can someone post the formula in Excel for the Risk of Ruin {r = exp(-2uB/sigma^2)} as well?

Thanks!
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  #3  
Old 04-01-2004, 12:54 PM
BruceZ BruceZ is offline
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Join Date: Sep 2002
Posts: 1,636
Default 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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