aazz111
aazz111
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Joined: Mar 18, 2021
March 26th, 2021 at 11:29:56 PM permalink
What is the average odds?When the player ev is +0.3 and principal is 10000 What should be the bet amount?
Pitboss123
Pitboss123
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Joined: Nov 11, 2020
April 18th, 2021 at 1:09:32 PM permalink
According to Eliot Jacobsen, EV/100 is 0.09 units and SD/100 is 7.4 units.

Using Bankroll = (ln(RoR)*SD^2)/-2EV, $10k gets you under 1% Risk of Ruin for a $5 bet, or 4% RoR for a $10 bet.
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