Lucky Red Casino
  1. blackjack avenger

    blackjack avenger Well-Known Member

    One does not just lose their current bank, they lose the income the bank could have generated.

    This unnecessary risk cost can easily be avoided.

    Don't play with a ror. Well, greatly minimize.
     
  2. PierceNation

    PierceNation Well-Known Member

    1/4 Kelly? :rolleyes:
     
  3. Lowrider

    Lowrider Well-Known Member

    I must plead ignorant to the Kelly methodology...I see no justification for it...I simply try to play with a good old simple .5 % OR LESS ROR. Which basically gives me a 1 in 200 chance of blowing my bankroll....I can live with that.
     
  4. blackjack avenger

    blackjack avenger Well-Known Member

    walk before running

    It's a start:grin:
     
  5. blackjack avenger

    blackjack avenger Well-Known Member

    its your money

    If you resize on wins & losses then your using fractional kelly. Which is my inane mantra:grin::laugh:

    Why play with an ror?

    How long to replace bank? This will give you an idea of ror cost. The EV you would lose from not playing
     

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