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Risk of Ruin
I've been looking for a formula to calculate risk of ruin in for sports betting, but I can't seem to find one. All I see is the formula for poker. Anybody out there that can help me out?
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#2
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Re: Risk of Ruin
0% if you know what you're doing.
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#3
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Re: Risk of Ruin
Thanks. Big help. Honestly, if you don't have anything intelligent to add, just stay away. All I did was ask a simple question.
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#4
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Re: Risk of Ruin
Well not to be rude but the question itself isn't intelligent.
Maybe that's why you can't find a formula. |
#5
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Re: Risk of Ruin
I'm sure this is a pretty simple equation, but I am 10 years removed from my HS Calc BC class.
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#6
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Re: Risk of Ruin
[ QUOTE ]
Thanks. Big help. Honestly, if you don't have anything intelligent to add, just stay away. All I did was ask a simple question. [/ QUOTE ] He's right |
#7
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Re: Risk of Ruin
[ QUOTE ]
I've been looking for a formula to calculate risk of ruin in for sports betting, but I can't seem to find one. All I see is the formula for poker. Anybody out there that can help me out? [/ QUOTE ] Don't worry about everyone else on the board giving you a hard time. I understand the question completely. What is the risk of ruin for your specific case right? It's not 0%, in fact it's 100% |
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