![]() |
|
#9
|
|||
|
|||
|
Increasing the bet size, and increasing the risk of ruin INCREASES EV. The reason? You often bust out before the WR is completed, which means less wagering on a -EV game.
Example: Say you have a 100+100 bonus, with a $1400 WR, which has to be played on a 3% house advantage game which either doubles you up on you lose, so it doubles you 48.5% of the time. Bet small, with say 0% risk of ruin, your EV is $100 - $42 [loss due to the game] = $58 EV Bet $200, $400, then $800, and you will cash out $1600: 0.485*0.485*0.485 = 11.4% of the time 1600 * 11.4% = $182.53. or $82.53 EV Thus, in this case, you gain $24.53 EV by betting big. Note that the last $800 bet here didn't increase EV at all, since then we'd have busted with the WR completed. It was just for mathematical simplicity. |
|
|