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Thread: Risk of ruin question

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  1. #1


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    For example,
    my initial bankroll is 2000$ and base unit 10$, after N hands i have 30$ bankroll, but according to my counting system i should bet 80$. Two alternative scenarios:
    1) I underbetting so i bet 30$ instead of 80$
    2) I can have negative bankrool and bet 80$ with my bankrool go -50$ (for example with credit)

    my question is: which of two scenarios does risk of ruin choose and consider? with the second scenario if i win this hand bankroll becomes 110$, with the first scenario bankroll becomes 60$, so after this hand change the possibility of ruin because in second scenario i have a larger bankroll and accordingly lower risk of ruin.

    Thanks

  2. #2


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    Quote Originally Posted by blackjack_player View Post
    Hi,

    does calculator that determine risk of ruin take into consideration the possibility of negative bankroll, for example when i have to play six base unit but i have only four base unit, or does it force you to play only four base unit remained when you should play with six base unit?

    Thanks
    Quote Originally Posted by blackjack_player View Post
    For example,
    my initial bankroll is 2000$ and base unit 10$, after N hands i have 30$ bankroll, but according to my counting system i should bet 80$. Two alternative scenarios:
    1) I underbetting so i bet 30$ instead of 80$
    2) I can have negative bankrool and bet 80$ with my bankrool go -50$ (for example with credit)

    my question is: which of two scenarios does risk of ruin choose and consider? with the second scenario if i win this hand bankroll becomes 110$, with the first scenario bankroll becomes 60$, so after this hand change the possibility of ruin because in second scenario i have a larger bankroll and accordingly lower risk of ruin.

    Thanks
    Sounds like you have only one option if you want to continue play and that is with credit. We do not know who you are borrowing from but regardless of which way you are obtaining credit, I think it is a really bad idea.
    Last edited by BoSox; 12-10-2018 at 07:53 AM.

  3. #3


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    Quote Originally Posted by blackjack_player View Post
    with the second scenario if i win this hand bankroll becomes 110$,
    Really, what happens if you have multiple splits and doubles?

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