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Old 12-01-2007, 02:11 AM
pzhon pzhon is offline
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Join Date: Mar 2004
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Default Re: best way to make money on limited bankroll

It depends on your win rates and how well you multitable. These are not things that other people could know about you.

If you want to make a fair comparison of the stake levels, you can try to choose stakes with the same comfort level, where

comfort = bankroll * win rate / (standard deviation ^2).

One interpretation is that if you stay at the same level without withdrawing (or learning), then your risk of ruin is about e^(-2 * comfort) ~ 1/7^comfort.

For example, if you have 300 BB, and your win rate is 2 BB/100, and your standard deviation is 15 BB/100 (reasonable stats for full ring limit), then your comfort level is 300 * 2 / 225 = 2.67. If you play SNGs with 40 buy-ins and your ROI is 20%, and your standard deviation is 1.7 buy-ins (typical for 9 or 10 player SNGs), then your comfort level is 40 * 0.2 / 2.89 = 2.77. So, the risks of playing those games would be comparable.
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