MJ: CVCX SE

[MJ]

> CVCX is trying to create an optimal betting ramp which
> matches all of your input. It has to balance between
> the demands of a set RoR and set min chip size. It is
> not possible to create a ramp that results in exactly
> the requested RoR while requiring the requested min
> chip size. So it makes compromises. Now when you force
> a new min bet that is not a multiple of the min chip
> size; it is getting contradictory demands. It also may
> find that the change forces a substantially different
> min bet in order to remain reasonably close to the
> requested RoR. So there is a large swing in min bet
> size that occurs at some point in penetration and/or
> spread and/or bankroll, etc. That is, the curves are
> no longer smooth but become ratcheted. If you reduce
> the min chip size to 1, the ratcheting will go away.

I still don't see why that should affect the CUSTOM SE for WR. If anything, it should affect optimal SE WR. We aren't even making any changes in the CUSTOM schedule, so why should SE for custom WR be affected? Did you notice how it jumped from $5.69 to $18 when Manually Adj Min Bet is set to $126? Perhaps you misunderstood what I was explaining. Double check CUSTOM SE WR.

MJ

[Norm Wattenberger]

I don't have your sim.

[Norm Wattenberger]

When you click on "Manually adjust min bet," you will see that the Risk of Ruin/Kelly fields disappear. This is because you are overriding the specification of a desired risk by forcing a minimum bet (and by inference max bet since you specified spread.) It is simply not possible to create a ramp for a specified RoR when you are forcing the min bet and max bet. You can specify a desired risk or a desired min bet - but not both. CVCX then attempts to calculate the most optimal bet ramp given the min bet and spread. So, the RoR changes significantly as does the ramp.

CVCX tries to create the best ramp given the input. But since you can input any of the relevant variables; it has to deal with conflicts. You can't specify that a drawing program draws a circle with a circumference three times the radius. At least not without folding space.

[MJ]

Ok, I took one last stab at trying to explain this. Follow link below. Read it very carefully. Your arguments make sense if the SE for OPTIMAL WR skyrockets, but NOT SE for CUSTOM. I may be wrong here, but I doubt it.

MJ

Charts

[Magician]

> Ok, I took one last stab at trying to explain this.
> Follow link below. Read it very carefully. Your
> arguments make sense if the SE for OPTIMAL WR
> skyrockets, but NOT SE for CUSTOM. I may be wrong
> here, but I doubt it.

How can you have a minimum bet of $126 if your minimum chip size $25?

GIGO

[Norm Wattenberger]

MJ, you are posting this stuff on four different forums and two pages on this forum. I cannot follow this. Stick to one forum.

[MJ]