Re: Buy in requirements
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I made the assumption that the probability you win every individual game is constant at x% , for x=55%,60%,65% .
If you want to be precise , you should use the formula that includes your standard deviation and win rates to calculate your ror . It's usually the case that you may win x % of your games on average but you don't necessarily win each game x % of the time . There is a subtle difference but one that should be pointed out .
Nycballer , the number of buy ins depends on how comfortable you are with a certain risk of busting . Some players may want a 1% risk while others wouldn't mind a 5% risk .Every player is different , so there isn't one correct number of buy ins for every single player .
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I addressed this issue in my other post in this topic. If you'd like to see the results for other hypothetical players, let me know.
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