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Old 08-20-2007, 11:49 PM
Python49 Python49 is offline
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Join Date: May 2005
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Default Re: Friend doesn\'t believe risk of ruin calcs are possible, thoughts?

I understand what you mean, but the constant number he's referring to isn't the win rate... unless thats what E is (in which case he didn't know that, he said he didnt even know what it represented) he was saying that even with an assumed win rate of like 7ptbb/100 for example, that it still can't be calculated.

The only important thing as far as what we're debating is if you're a winning player and have an edge, so the actual chosen win rate isn't what we're debating over. It's if you can calculate probability of losing X number of buyins with that win rate and std deviation.
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