unit bankroll 2% edge?
March 30th, 2018 at 3:29:31 AM
permalink
If you have a 2% edge in a blackjack game, how many units should your bankroll be if u want a 5% risk of ruin? how about a 1% risk of ruin?
Also If you have a 3.5% edge in blackjack how many units should bankroll be for 5% risk of ruin? and 1% risk of ruin?
Also If you have a 3.5% edge in blackjack how many units should bankroll be for 5% risk of ruin? and 1% risk of ruin?
March 30th, 2018 at 4:28:38 AM
permalink
Variance in BJ is like 1.3.
0.02 / 1.3 = 1.53% that’s for full kelly or 13.5% ROR.
Half kelly is 1.8225% ROR, and your bet would be half of 1.53% of BR or 0.765%.
0.02 / 1.3 = 1.53% that’s for full kelly or 13.5% ROR.
Half kelly is 1.8225% ROR, and your bet would be half of 1.53% of BR or 0.765%.
March 30th, 2018 at 5:08:27 AM
permalink
Ok thanks so that would work out to approximately 130 units then. At 2 percent edge I believe
March 30th, 2018 at 8:48:02 AM
permalink
Thank you RS. Caveat, Unless the edge is at an ONLINE casino.
Is this at an online casino?
Is this at an online casino?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 1st, 2018 at 6:12:03 PM
permalink
nope not online, the edge is actually playing as the banker, in a game with some rules that are not favorable such as 6:5 blackjack, no double down after splitting, and the players play bad too.
