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Basic Bankroll Management Math: An Instructive Example

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  1. #16
    daviddem's Avatar
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    Aug 2009
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    ^nit
    Right on, I am a happy $100,000,000 rich nit and I won't have to live under a bridge for the rest of my miserable existence when the deuce rolls because I gambled for an extra $100,000,000 which I wouldn't even know what the f* to do with.

    How can you all be here barking about proper bankroll management and even think of taking this stupid bet? Do you know what are the odds of a break even player loosing his 25BI roll due to variance? I don't know on top of my head, but I am damn sure it's far less than 2.8%.

    Here you go: you have 0.000003% chance of loosing 25 coin flips in a row. That's about one chance in 33 millions.
    Last edited by daviddem; 11-19-2010 at 09:04 AM.
    Virginity is like a bubble: one prick and it's all gone
    Ignoranus (n): A person who is stupid AND an assh*le

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