Re: poker as an investment: the math
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i can use that same formula to determine that my RoR would be ~25% if i started with only $300. just to confirm, this would mean that i have a 1 in 4 chance of losing ~$300 when i start with $1000 (or any amount), correct?
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Yes.
The risk of ruin formula assumes you play forever. time = infinity.
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