Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes? - Heads Up SNG and Spin and Gos -- Two Plus Two Poker Forums

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Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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12-01-2011 , 10:56 AM

madfatmonk

newbie

Join Date: Jun 2011 Posts: 26

As the title says it's a simple question. Is Kelly Criterion brmb 2 risky in hu sng micro/small/medium stakes? I personally is in doubt with the system, dunno if i like it 2 a tournament format like sng - where there is so much varience in turbo husng, dunno if its 2 risky.

Please only answer 2 this post if u r an experienced hu sng turbo playr.

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12-01-2011 , 11:16 AM

JSpazz

Carpal \'Tunnel

Join Date: May 2009 Posts: 6,694

[x] fastest br growth
[ ] least stress

so take ur pick. generally if u dont wanna deal w large swings use 1/2 Kelly b4 u reach mid/high stakes

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12-01-2011 , 03:37 PM

genher

veteran

Join Date: May 2007 Posts: 2,931

risk of ruin with Kelly is 0. So the answer to your question is no, it's not risky.

read this excellent thread from the man above me

http://forumserver.twoplustwo.com/18...ah-brm-884641/

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12-01-2011 , 04:11 PM

ohly

Pooh-Bah

Join Date: Jan 2008 Posts: 3,696

depends on how optimistic you approximate your roi imo.

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12-01-2011 , 04:22 PM

PlzDon'tCall

journeyman

Join Date: Oct 2011 Posts: 254

Quote:

Originally Posted by genher

risk of ruin with Kelly is 0. So the answer to your question is no, it's not risky.

read this excellent thread from the man above me

http://forumserver.twoplustwo.com/18...ah-brm-884641/

thats only theoretical (risk of ruin), but ya, kelly and 1/2 kelly are the most optimal.

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12-01-2011 , 08:37 PM

genher

veteran

Join Date: May 2007 Posts: 2,931

Quote:

Originally Posted by PlzDon'tCall

thats only theoretical (risk of ruin).

explain pls?

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12-01-2011 , 09:22 PM

thebreaker27

adept

Join Date: Apr 2011 Posts: 777

Quote:

Originally Posted by PlzDon'tCall

thats only theoretical (risk of ruin), but ya, kelly and 1/2 kelly are the most optimal.

2/3 kelly>1/2 kelly.

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12-01-2011 , 09:54 PM

genher

veteran

Join Date: May 2007 Posts: 2,931

I never understood why going 1/2 or 2/3 and not full kelly

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12-01-2011 , 10:03 PM

mersenneary

Food = Love

Join Date: Sep 2007 Posts: 12,187

Quote:

Originally Posted by genher

explain pls?

they don't offer $0.10 HUSNGs

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12-01-2011 , 10:07 PM

#10

genher

veteran

Join Date: May 2007 Posts: 2,931

if you round it to the closest stake or mix stakes you should be close to risk of ruin = 0. Shouldn't you? Not being a dick ...just asking

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12-01-2011 , 10:11 PM

#11

pheal

adept

Join Date: Nov 2006 Posts: 1,015

Quote:

Originally Posted by mersenneary

they don't offer $0.10 HUSNGs

hahahaha hilarious

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12-01-2011 , 10:44 PM

#12

mersenneary

Food = Love

Join Date: Sep 2007 Posts: 12,187

Quote:

Originally Posted by genher

if you round it to the closest stake or mix stakes you should be close to risk of ruin = 0. Shouldn't you? Not being a dick ...just asking

They assume there's a level for you to keep moving down and that ruin really means $0. But more practically if your $1000 bankroll goes to $20 and you're playing the $1 games on Kelly, you've hit ruin in all meaningful sense of the word to a player with a $1000 bankroll.

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