Risk of Ruin is a well defined term in statistics. It's the probability
of losing an entire given starting bankroll with indefinite play on a
certain game, with nothing going into or out of that bankroll other than
the game's wins and losses. If the game puts you at a disadvantage (EV <
1) then RoR is certain with unlimited play.
But for what might be called "Short term risk of ruin" Optimum Video
Poker also calculated Risk of Ruin before a royal (RoRBR). This is never
certainty since it's possible to get a royal on your first play.
OpVP uses the famous Sorokin formula to calculate these values precisely.
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Posted by: Dan <dan@optimumplay.com>
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