View Single Post
  #5  
Old 07-17-2007, 03:19 PM
omgwtfnoway omgwtfnoway is offline
Senior Member
 
Join Date: Aug 2006
Location: UCLA
Posts: 390
Default Re: More fun with the HUSNG bankroll simulator

there's an article about kelly criterion in the 2p2 magazine this month. kelly criterion is a way to invest your bankroll for maximum roi.
f*=(bp-q)/b
b = odds paid on the bet (0.913 to 1 for a turbo nltrn on stars)
p = winrate
q = 1 - winrate
f* = the proportion of your bankroll each buyin should represent

unless i screwed the math up (more than likely), a 60% winner has f*=16.2% or 6.2 buyins.
Reply With Quote