#14
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Some numbers I played with for Kelly bankrolls shortstacked ...
Those who were winning with the shortstack strategy claimed win rates between 3 and 5 PTBB/100 hands. With a standard deviation of between 18 and 21PTBB.
We'll go in the middle then, and say 4PTBB/100 hands, and an SD of 20. Thus, for a full Kelly bankroll (13% ROR) .. (20)^2/4= 100 PTBBs or about $50 at your typical $25NL Party game. Now that's at 13% ROR which is a little swingy for most people ... if we double that stake, we can reduce ROR down to 1.69% (.13x.13) Thus, $100 should give us 20 buy-ins of about $5 with a ROR of less than 2%. So ... yah, what everyone has been saying. 15-20 buy-ins should do you fine. If you are a winning player. I've recently experimented shortstacking PL. After 3000 hands, ten-tabling, I'm dead even ... but it is interesting. Best, Zim |
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