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Old 09-12-2007, 06:18 PM
El_Hombre_Grande El_Hombre_Grande is offline
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Join Date: Oct 2005
Location: On another hopeless bluff.
Posts: 1,091
Default Re: Please change the FAQ on bankroll requirements.

Many of the posters here are responding as though anecdotal rumor trumps math. It doesn't. Undoubtedly Pzhon is correct. The real answer is a) bankroll requirements assume that you are a winning player (a dubious assumption for most) and b) the amount of a sufficient bankroll depends on a number of interrelated factors: your proven winrate, standard deviation, and tolerance for risk.

I would agree that the FAQ could be more much more "correct" by explaining this analysis. But I think it would be a shame also if a newbie couldn't leave the FAQ with a reasonably solid and useful answer as opposed to a "it depends." If all its going to do is theorize, its not really a useful FAQ. 20 is in some sense "wrong," as Pzhon points out, but its not nearly as "wrong" as many of the ideas that can float around in a newbie's head.
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