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Originally Posted by
BJC
I have a questions for those more experienced. I would prefer to play $5-10 tables as my bankroll is $10K. However, $5 essentially no longer exists I haven't seen one even in off hours for over a year and I rarely see $10 anymore. The only $10 games I see are all 6:5 and that is obviously not worth playing.
Essentially $15 is the lowest you can occasionally find and typically and especially on any busy night on a weekend, your looking at $25 mins and possibly even $50.
How do you adjust to play in these conditions?
For example, I will usually do 1-16 or $10-$160 on a $10 min table. If It's a $15, I keep the same top bet which makes it just over 1-10. If a $25 table, same thing so now I'm playing basically 1-6. I even one time did a $50 min table, and luckily I had a lucky streak, but 1-3 I don't think that is sustainable for S17, DAS, LS, 6 deck
Is this the recommendation to avoid over-betting or should you try to adjust the 1-16 to the higher values?
Hi BJC,
Assuming the rules you're facing are 6D, S17, DOA, DAS, SPA1, SPL3, LS, 4.5/6, and you're playing CAC2 with a 1-16 spread, R52-L18,
the SCORE you should get is 44.31 with an optimal unit (OU) of around $12. Now, if your bankroll is $10K and your minimum bet is $12,
that would mean your Risk of Ruin (RoR) is 13.53% and your Win Rate (WR) equals your SCORE, which is $44.31 per hour.
However, 13.53% is too high. If your bet were lower than $12, your RoR would be lower, but so would your WR.
Conversely, if your minimum bet is $15, your RoR will be higher, as will your WR.
Higher bet, higher RoR and WR. Lower bet, lower RoR and WR. The SCORE remains the same.
The first thing you need to do is reduce that RoR, and this is achieved by increasing your bankroll or reducing your bet.
$10K corresponds to a 13.53% RoR (full Kelly) with an optimal bet of $12. If you increase your $10K to $15K,
your RoR would drop to 4.98% (2/3 Kelly), and with $20K, the RoR would be 1.83% (half Kelly).
The question you need to ask yourself is this: What RoR would I feel comfortable with? Once you've answered that,
you'll see what you need to do with your bankroll, or if you can't modify your bankroll, you'll have to adjust your optimal bet,
although in that case, you'll encounter the limits imposed by the table.
If you're unable to increase your bankroll, you'll need to keep playing at $5/$10 tables until your bankroll grows.
In summary, if your bankroll is $10,000 and your minimum bet is $12, your RoR will be 13.53%.
If your minimum bet is $10, your RoR will be 9.07%, and if it's $5, your RoR will be 0.82%.
With a $15 minimum, your RoR is 20.19%, and with $25, your RoR is 38.28%.
It's your choice.
Hope this helps.
Sincerely,
Cac
Luck is what happens when preparation meets opportunity.
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