VpKing77 wrote: "I think he is talking about a quarter game. Obviously you can lose $3700 on a dollar JOB easily if you don't hit a royal in a cycle."
Even at quarters, the approximate Kelly bankroll for 9/6Jacks+0.5% would be almost $61,000. It's possible he meant 9/6Jacks+1%, at quarters the approximate Kelly bankroll would be about $4900. He really didn't define long term bankroll well, did he mean the Kelly bankroll, or the 10% ROR bankroll, or the 1% ROR bankroll, or what? There are different kinds of "long term bankroll" so you have to define what system you are using.
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Posted by: nightoftheiguana2000@yahoo.com
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