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Old 06-15-2013, 04:06 PM   #13
NiSash1337
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Join Date: Dec 2010
Location: Germany
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Re: Simulated risk of ruin in $1500 WSOP events

Quote:
Originally Posted by TT_fold View Post
While this is very interesting in theory, we can't enter $1.5k WSOPs year-round nor make them our sole form of income. So I'm all for taking shots and keeping a larger % of myself even if it gives me a high theoretical risk of ruin since there are only a finite number of $1.5k's each summer. Then I can just bust my ass a little harder at online stuff if I do poorly.

I guess things would be different if I weren't so overrolled for online play, or if mid-high stakes MTTs required a bigger roll. Like, I only need a $50k roll to play a $80-$100 ABI at small field online MTTs/low-midstakes cash games. But then I step into the live arena and I'm technically not rolled for even the lowest of WSOP tourneys.
gl with that 50k Roll, pretty sure your risk of Ruin is much much higher than you expect.

@op

Great work, did you do it with Excel or did you code something yourself? Would you make this public ? That would be awesome!

Last edited by NiSash1337; 06-15-2013 at 04:11 PM.
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