Risk of Ruin calculator

For some reason I could have swore I saw a RoR calculator either here or on WOO. I have looked though and couldn't find one so maybe I am mistaken.

Anyways if anyone could help me with the formula for this one. I just want to know the bankroll I should bring in when I start up full time VP playing. I think I will start on a low variance machine like the 25 cent 99.9996% JoB at Eastside. I am thinking 300 is more than enough but just wanted to make sure with the experts.

Try this:

RoR

Figured I would just use this thread instead of starting a new one:

Ok just had a couple more questions. On RoR do you adjust every time you win(assuming everything you win goes directly back into the bankroll) or is that already factored in to the initial amount.

Also what constitutes a unit? If I am playing nickels would 1 unit be 5 cents or would it be 25 cents since things like the royal are predicated off the 5 coin play?

Thanks again for those who have helped prior and continue to help.

Quote: Perdition

Also what constitutes a unit? If I am playing nickels would 1 unit be 5 cents or would it be 25 cents since things like the royal are predicated off the 5 coin play?

If you are playing five coin nickels then 1 betting unit is 25 cents. What kind of card benefits will you be getting at Eastside playing 9/6/90 Jacks? I think that's important in calculating how big a bankroll you will need to keep your risk of ruin low.

Quote: mickeycrimm

If you are playing five coin nickels then 1 betting unit is 25 cents. What kind of card benefits will you be getting at Eastside playing 9/6/90 Jacks? I think that's important in calculating how big a bankroll you will need to keep your risk of ruin low.

I might have to wait on the 100% JoB until I get my bankroll up a bit now that I have seen the actual numbers. I will probably work on nickels for a while until my bankrolls is in the thousands rather than the hundreds. IIRC Eastside was around 4 dollars=1 point for the higher stuff. 400 points = 1 dollar so about 1600 coin in per 1 dollar. The main reason I wanted to play there was because someone from here said they had some of the best mailers ever from there.

Quote: Perdition

I might have to wait on the 100% JoB until I get my bankroll up a bit now that I have seen the actual numbers.

what actual numbers did you see?
I sure hope the numbers you saw did not come from this

Quote: beachbumbabs

Try this:
RoR

do not try this to use at video poker
it is useless
(not fulfilling or not expected to achieve the intended purpose or desired outcome)

you may need some better tools

try video poker for winners
unless you do not want to be a winner
Good Luck

I found one from the Wizard actually. Makes me feel dumb for asking when I could have searched a bit more and found it. It only covers 3 paytables but has been good as I have been getting more and more used to deuces wild.

Wizard RoR

Still I appreciated all the help and the RoR link from before.

Quote: Perdition

I found one from the Wizard actually. Makes me feel dumb for asking

nothing bad about feeling dumb.
the end result matters

excellent start

what is your desired risk of ruin?
5%, 1% or less.
each level down wants more money to start


I would think actually winning would be more important.
sure, a bankroll can keep you playing through nasty downswings.
what are your chances of showing a net win after playing 10,000 hands (for example)

If you never win and never bust a bankroll
is it all just for fun?
"full time VP playing"

Just do not follow all Stevie Nicks words playing VP
"Now here you go again
You say you want your freedom
Well who am I to keep you down

It's only right that you should
Play the way you feel it

But listen carefully to the sound
Of your loneliness
Like a heartbeat, drives you mad

In the stillness of remembering
What you had, And what you lost
And what you had, And what you lost"