In calculating my RoR I used Standard Deviation as 1.7 (I play Turbo 6-man Single Table Tournaments). I've found this number on various poker tools websites, such as
ev++.
However, after playing around 100 games, my HEM2 lists Std Dev at 5.37 big blinds. That is way off and changes the Risk of Ruin drastically.
For instance, if you have 100 buy-ins for a limit you beat with 10% ROI and a Std Dev of 5.37, that translates into a whooping
50% RoR! Impossible right?
Whereas using 1.7 as Std Dev in the same computation, results in a
0.0987% RoR!
Whats flawed here?