NOTI wrote " Just off the top of my head, you're talking about 10x Kelly to get a 1% ror. Kelly on $5 jacks plus 1% would be about $25 x 19.5 / 0.5% = $97,500. 10x that would be about a million. "
NOTI where is that "10x Kelly" coming from? $5 Jacks plus 1% (as in cashback) would require just $181K for a 1% RoR. (using the jazbo-Sorokin equation)
--Dunbar
---In vpFREE@yahoogroups.com, <nightoftheiguana2000@...> wrote :
vp_wiz wrote: "However, for 90%-95% of my play these days, I'm playing my bankroll within a 1% ror."
Are you sure? Just off the top of my head, you're talking about 10x Kelly to get a 1% ror. Kelly on $5 jacks plus 1% would be about $25 x 19.5 / 0.5% = $97,500. 10x that would be about a million. You have that kind of bankroll?
Are you sure? Just off the top of my head, you're talking about 10x Kelly to get a 1% ror. Kelly on $5 jacks plus 1% would be about $25 x 19.5 / 0.5% = $97,500. 10x that would be about a million. You have that kind of bankroll?
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Posted by: h_dunbar@hotmail.com
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