cost of ror

  • blackjack avenger

    cost of ror

    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.

  • PierceNation

     

    Quote: blackjack avenger said:
    t with a ror. Well, greatly minimize.

    1/4 Kelly?

  • Lowrider

     

    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.

  • blackjack avenger

    walk before running

    Quote: PierceNation said:
    1/4 Kelly?

    It’s a start

  • blackjack avenger

    its your money

    Quote: Lowrider said:
    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.

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

    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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