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Thread: Using Data From CVData to Derive Risk of Ruin

  1. #1


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    Using Data From CVData to Derive Risk of Ruin

    I use both CVCX and CVData.

    I know that CVCX will give me my risk of ruin for various betting levels, etc.

    Here is my quandary. I want to use a betting ramp that does not seem to be supported in CVCX. (Betting one hand at certain counts, two hands and higher counts.) CVCX supports either *one* hand or *two* hands, but not a combination.

    On the flip side, CVData supports the betting ramp I want to test, but risk of ruin is not reported.

    Am I missing something? OR, is there a way to calculate risk of ruin from the data generated in CVData?

    Thanks.

  2. #2
    Random number herder Norm's Avatar
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    1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    On the results screen, click the RoR icon or select Tools-RoR Calculator from the menu.
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

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    Okay, I feel pretty stupid for not being cognizant of that RoR icon. BUT.... thank you. Exactly what I need.

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    Okay....I do have a follow-up question:

    Bankroll is in UNITS. But Win rate per 100 hands is in dollars?..... The "results page" for CVData has a WinRate that is clearly specified in dollars. May I "assume" that this number is used in the Risk of Ruin Calculator, where the "Win rate per 100 hands" is one of the variables. Or should my "Win rate / 100 hands" be converted to units?

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    Random number herder Norm's Avatar
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    Just click on Load and it will bring in the correct numbers.
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

  6. #6


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    Quote Originally Posted by Norm View Post
    Just click on Load and it will bring in the correct numbers.
    Yes, that indeed works. I note that everything (on the screen I am using) gets converted to units. So the WinRate is indeed converted to the unit size, defined on the Betting Strategy Set-up page

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