Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Beginners Questions Poker beginner? Ask your (possibly) naive question here and our community will attempt to help you.

Reply
 
Thread Tools Display Modes
Old 08-07-2008, 09:25 PM   #26
safebet222
enthusiast
 
Join Date: Aug 2008
Posts: 77
Re: bankroll

Dumb question: SnG Standard Deviation is always 1.7 bi?

Thanks
safebet222 is offline   Reply With Quote
Old 08-07-2008, 10:17 PM   #27
elendil200
adept
 
elendil200's Avatar
 
Join Date: Jun 2008
Location: Sydney
Posts: 1,023
Re: bankroll

I like to have 200 Buy ins for any game that I play. I have 4k and still play 10/25c
elendil200 is offline   Reply With Quote
Old 08-07-2008, 10:36 PM   #28
ziggyzaooo
old hand
 
ziggyzaooo's Avatar
 
Join Date: Jun 2008
Posts: 1,936
Re: bankroll

^^ that is just extremely nitty and your limiting your growth potential by alot.
ziggyzaooo is offline   Reply With Quote
Old 12-10-2008, 11:36 PM   #29
DMoogle
Carpal \'Tunnel
 
DMoogle's Avatar
 
Join Date: Mar 2006
Location: Northern VA, USA
Posts: 7,067
Re: bankroll

Question: Using this tool, Does risk of ruin go for the # of hands you input for your standard deviation and winrate? For example, I input my stand deviation and winrate per 100 hands and a RoR of 50%, would the answer mean I have a 50% chance of going broke every 100 hands?
DMoogle is online now   Reply With Quote
Old 12-10-2008, 11:48 PM   #30
basementproject
veteran
 
Join Date: May 2007
Location: lighting your persian rug on fire
Posts: 3,125
Re: bankroll

Quote:
Originally Posted by elendil200 View Post
I like to have 200 Buy ins for any game that I play. I have 4k and still play 10/25c
wow... kids, don't take it this far.
basementproject is offline   Reply With Quote
Old 12-11-2008, 12:02 AM   #31
jay_shark
Pooh-Bah
 
Join Date: Sep 2006
Posts: 3,655
Re: bankroll

Quote:
Originally Posted by DMoogle View Post
Question: Using this tool, Does risk of ruin go for the # of hands you input for your standard deviation and winrate? For example, I input my stand deviation and winrate per 100 hands and a RoR of 50%, would the answer mean I have a 50% chance of going broke every 100 hands?
No.

If your risk of ruin is 50%, then this means that if you were to be playing at the same stakes indefinitely, then your risk of going broke is 50%.

I prefer this calculator.

http://www.castrovalva.com/~la/bank.htm
jay_shark is offline   Reply With Quote
Old 12-11-2008, 12:07 AM   #32
DMoogle
Carpal \'Tunnel
 
DMoogle's Avatar
 
Join Date: Mar 2006
Location: Northern VA, USA
Posts: 7,067
Re: bankroll

Quote:
Originally Posted by jay_shark View Post
No.

If your risk of ruin is 50%, then this means that if you were to be playing at the same stakes indefinitely, then your risk of going broke is 50%.

I prefer this calculator.

http://www.castrovalva.com/~la/bank.htm
It's difficult to grasp this concept, can you explain with some detail why? I thought that if you played forever, then as long as your RoR was >0% then you have a 100% chance of going broke... at some point.
DMoogle is online now   Reply With Quote
Old 12-11-2008, 12:30 AM   #33
shiunsai
journeyman
 
shiunsai's Avatar
 
Join Date: Dec 2008
Location: east coast
Posts: 290
Re: bankroll

wow....reading that was very nice lol.
shiunsai is offline   Reply With Quote
Old 12-11-2008, 12:48 AM   #34
jay_shark
Pooh-Bah
 
Join Date: Sep 2006
Posts: 3,655
Re: bankroll

Quote:
Originally Posted by DMoogle View Post
It's difficult to grasp this concept, can you explain with some detail why? I thought that if you played forever, then as long as your RoR was >0% then you have a 100% chance of going broke... at some point.
Only losing players go broke 100% of the time.

If your risk of ruin (RoR) is 2%, then this means that there is a 98% chance that you can player poker for the rest of your life without having to redeposit. However, the risk formulas only apply if you never change stakes. They do not apply if you routinely change stakes when you hit a rough downswing. In that case, there is less chance that you will go broke.

Your risk of ruin is just the probability that you will bust your roll at some point. It may happen when you're 90 years old, but it's probably unlikely if you've lasted that long.
jay_shark is offline   Reply With Quote
Old 12-11-2008, 02:08 AM   #35
shiunsai
journeyman
 
shiunsai's Avatar
 
Join Date: Dec 2008
Location: east coast
Posts: 290
Re: bankroll

so in other words to avoid ruining just follow bankroll management and lower stakes whn u got ta
shiunsai is offline   Reply With Quote
Old 12-28-2010, 04:38 PM   #36
CheckCheckFold
old hand
 
CheckCheckFold's Avatar
 
Join Date: Sep 2004
Location: Bay Area, CA
Posts: 1,579
Re: bankroll

What's a good estimate of Standard Deviation for PLO200 6 handed?
CheckCheckFold is offline   Reply With Quote
Old 12-28-2010, 04:45 PM   #37
Swarley27
grinder
 
Swarley27's Avatar
 
Join Date: Jul 2010
Location: Grinding 2-7 td
Posts: 456
Re: bankroll

Lol this thread keps getting resurrected in a pretty big way.
Swarley27 is offline   Reply With Quote
Old 07-08-2011, 04:24 AM   #38
999
old hand
 
999's Avatar
 
Join Date: Nov 2010
Location: je pense, donk je suis.
Posts: 1,830
Re: bankroll

Fantastic posts phzon, thanks a lot for your help.
999 is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 09:15 AM.


Powered by vBulletin®
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Copyright 2008-2020, Two Plus Two Interactive