Question concerning ROR

[rogue1]

Here is how I understand it: If I'm playing at a 5% ROR I have a 5% chance of losing all my money and a 95% chance that I'll double my BR before that occurs. Is that correct? Thanks.

 

[Sonny]

Here is how I understand it: If I'm playing at a 5% ROR I have a 5% chance of losing all my money and a 95% chance that I'll double my BR before that occurs. Is that correct? Thanks.

Pretty much. I would just add a few things:

“If I'm playing at a 5% ROR and I never resize my bets I have a 5% chance of losing all my money and a 95% chance that my bankroll will grow indefinitely.”

You don’t have to stop if you double your bankroll. If you don’t go broke then you can keep playing (and winning) forever.

-Sonny-