Re: Horse bankroll?
[ QUOTE ]
Bankroll = Comfort * Win Rate / (Standard Deviation^2).
[/ QUOTE ]
That was supposed to be either
Bankroll = Comfort * (Standard Deviation^2)/Win Rate
or
Comfort = Bankroll * Win Rate / (Standard Deviation^2).
Sorry to anyone who tried to play NL $1000 on a $0.03 bankroll after using the incorrect formula.
|