https://www.blackjacktheforum.com/sh...ack#post187200
Dynamic Blackjack By Dr Richard Reid
I believe you must be a paid subscriber to access.
https://www.blackjacktheforum.com/sh...ack#post187200
Dynamic Blackjack By Dr Richard Reid
I believe you must be a paid subscriber to access.
Last edited by Stealth; 09-10-2017 at 09:23 PM.
Luck is nothing more than probability taken personally!
My mail- [email protected]
I have e-book by Richard Reid.
"Don't Cast Your Pearls Before Swine" (Jesus)
Risk of ruin is calculation of losing your entire bankroll given a number of hands or with no limit number of hand or quitting point. You are asking a broad question and you didn't give me a goal. So I am assuming you me simple risk of ruin. To compute simple risk of ruin with no limit number of hands and quitting point you need to first know the win rate per 100 hands, standard deviation per 100 hands and your bankroll.
Risk of Ruin = [[1-(win rate per 100 hands/standard deviation per 100 hands)]/[1+(win rate per 100 hands/standard deviation per 100 hands)]]^(bank/standard deviation per 100 hands)
Calculation for trip risk of ruin and the double barrier formula is computed differently. From your post you just asked me what ROR mean and how to calculate it so with no further information I am assuming you mean simple risk of ruin.
When I said goal I mean the number of units you end up with after playing a given number of hands or no limit on number of hands play. With that information you can calculate the risk of ruin for those given number of hands played. After you reach your goal you stop playing.
I did not find CVCX or CVDATA to provide the ability to easily sim and " what if " with two bet ramps so I built my own excel system to allow such.
I wanted the ability to view both bet structures and the sim results for each AND the combined sim results and with the additional ability to play each ramps with one or two hands at each truce count and to wong in or out at each true count with a percentage. IMHO, it simplified the design task.
Results are ramps that appear to rise and fall, very often against the count movements, a nice cover.
Luck is nothing more than probability taken personally!
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