Originally Posted by
James989
Hi Don,
A sidebet, ev=+12.68%(player edge), Var = 8.87, Kelly ratio = 1, ROR = 13.53%, so :-
Bankroll(units) = 100 * Var/ev = 100*8.87/12.68 = 70 units
According to my understanding, the probability that I will loss this entire 70 units is 13.53% in the long run.
How many rounds played will consider as "long run" in this example ?
James
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