[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 483: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4783: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4785: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4786: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4787: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3888)
Kelly Criterion? - Live Poker Forums

Advanced search

Kelly Criterion?

The all important concept of not going broke.

Moderators: k3nt, LPF Police Department

Postby RedBarracuda » Tue Mar 25, 2008 7:35 pm

Image
(6:35:48 PM) giantgrwth: I once beat up an attempted murderer, 25% true story
(6:35:59 PM) hard2tel45s: boxing?
(6:36:06 PM) giantgrwth: Yea
(6:36:14 PM) hard2tel45s: sweet
(6:36:30 PM) giantgrwth: He was my best friend too, lol
(6:36:48 PM) hard2tel45s: well u were in the crazy bin bro
User avatar
RedBarracuda
Enthusiast (Online)
 
Posts: 3298
Joined: Fri Mar 02, 2007 4:38 pm
Location: Croatia

Postby black_knight6 » Tue Mar 25, 2008 9:03 pm

User avatar
black_knight6
Semi Pro (Online)
 
Posts: 10012
Joined: Thu Jul 21, 2005 11:51 am
Location: Victoria BC

Postby k3nt » Thu Mar 27, 2008 5:17 pm

User avatar
k3nt
Enthusiast (Online)
 
Posts: 6710
Joined: Tue Nov 16, 2004 12:27 pm

Postby black_knight6 » Thu Mar 27, 2008 5:51 pm

User avatar
black_knight6
Semi Pro (Online)
 
Posts: 10012
Joined: Thu Jul 21, 2005 11:51 am
Location: Victoria BC

Postby tommyhawk » Thu Mar 27, 2008 9:19 pm

User avatar
tommyhawk
 
Posts: 1349
Joined: Tue Nov 09, 2004 5:21 am
Location: $20 NL

Postby WiseMen » Fri Mar 28, 2008 1:18 pm

HI,

Could u please post all the formulas in order?

I mean

1. Move-up formula =
bankroll needed = 0.5 * CL * (DIFF SD^2)/(DIFF WR)


2. bankroll formula =
bankroll needed = (comfort level x standard deviation^2) / WR
comfort level = (bankroll needed x WR) / standard deviation^2


ARE THEY RIGHT?
I MEAN WHATS THE DIFERENCE BETWEEN THE ABOVE TWO, AND WHICH ONE TO USE, WHERE?
SEEMS TO ME THAT THE SECOND ONE IS THE MOVING-UP FORMULA AS WELL.


3. long-term formula = (SD/WR)^2


ETC
ETC


First time poster, long time lurker.
User avatar
WiseMen
 
Posts: 3
Joined: Fri Mar 28, 2008 1:15 pm

Postby WiseMen » Fri Mar 28, 2008 1:19 pm

oopps, srry
User avatar
WiseMen
 
Posts: 3
Joined: Fri Mar 28, 2008 1:15 pm

Postby nigassma » Fri Mar 28, 2008 3:08 pm

User avatar
nigassma
 
Posts: 4
Joined: Fri Mar 21, 2008 12:25 pm

Postby black_knight6 » Fri Mar 28, 2008 3:42 pm

Wise:

You basically only need the "Bankroll Formula" and, if you report your SD and WR in ptbb, then your BR answer will be in ptbb (so double that number to get real $$).

My #s are:

Comfort: 4
SD: 50 (conservatively rounded up)
WR: 5 (this is conservatively low given RB)


So, this works out to giving me the 40x rule.

100NL = 4k
200NL = 8k
1000NL = 40k, etc.

As for moving up...taking shots when you have 60-70BI of your current level (take 6-10BI, which is 3-5BI of your next level) is a good idea if you want to be somewhat on the aggressive side (given a CL of 4).

As your CL decreases...so does your BR req.

Basically, the BR required for a given CL with SD 50 WR 5 is CL*10.
So, CL 2 = 20BI
CL 3 = 30BI
CL4 = 40BI

Drop the WR by half, and you double the BR req.

So, CL 4 WR2.5ptbb SD50ptbb and you need an 80BI BR.
User avatar
black_knight6
Semi Pro (Online)
 
Posts: 10012
Joined: Thu Jul 21, 2005 11:51 am
Location: Victoria BC

Postby WiseMen » Fri Mar 28, 2008 4:08 pm

User avatar
WiseMen
 
Posts: 3
Joined: Fri Mar 28, 2008 1:15 pm

Previous

Return to Bankroll Management

Who is online

Users browsing this forum: No registered users and 3 guests

cron