Thread: Bankroll Debate
View Single Post
  #15  
Old 10-17-2007, 10:40 PM
jay_shark jay_shark is offline
Senior Member
 
Join Date: Sep 2006
Posts: 2,277
Default Re: Bankroll Debate

A few things you need to do before I give you a detailed response for the first question .

What size mtt are you playing and what is your estimated roi ? The usual answer is at least 100 buy-ins but this is too generic to be right .

2)For a 128 man tourney , you would need at least :

B=-21^2/(2.41*2)ln0.01
B=421 buy-ins

Using an approximate standard deviation of 21 buy-ins and a win rate of about 60% assuming independence . I've also chosen a risk of ruin of about 1% .

So as you can see , your bankroll should be significantly higher in winner take all tournaments .

3)For a 4-man , you would need at least B=25 buy-ins as long as you're willing to move up or down when needed .
Reply With Quote