Re: Effect of proportional betting on trip risk

From Stanford Wong's BJ21

Posted by T-Hopper on 20 Mar 1998, 10:30 p.m., in response to Effect of proportional betting on trip risk, posted by Kim Lee on 18 Mar 1998, 3:56 p.m.

I really think you are on to something important, but you should set up your equation with resizing to a separately defined bank, which in real life would generally be larger than the trip bankroll. You would then have a very general formula for risk of ruin over any period of time or indefinitely, with resizing based on any bankroll size, and any number of units available for play.