The Risk of Ruin (RoR) is a statistical model which tells you the chances you will lose all of your account based upon your win/loss % and how much % of your capital you put at risk per trade.
For instance, if someone bets all their money on a simple coin toss, the risk of ruin is 50%.
New in V2.0! Spin poker in the high limit room. This program does accurate bankroll and risk-of-ruin calculations for a wide variety of video poker games. As such, some math can be done to calculate the risk of ruin based on n length of time playing. You … Analyze a hand, analyze a game's paytable, and practice playing to learn your favorite game's strategy. You need to know your standard deviation, which you can get from a program like Poker Tracker, or compute it yourself.
I play video poker and although there are very precise Risk of Ruin numbers that can be generated by the pay table of the game played, I like to make rough estimates based upon what percentage of the jackpot the loss is. A Video Poker Wizard with 18 different games. Then you keep the appropriate cards and move on. It is because of the covariance between the hands. Most video poker strategy is just presented as a list. The Wizard has a page here: Multi Hand Poker Variance I didn't use theoretical calculations for this, though. Why Risk of Ruin Matters Before we dive in to all this, a quick understanding of why this matters.
You start at the top, work your way down, and stop when you get to the hand that matches what you’re holding in your hand. The (infinite run) Risk of Ruin is always greater then zero for video poker, including positive games, since the variance is always non-zero. But, it may be better to play a … I calculated the standard deviation of the sample ending balance.
In a multiple-bet scenario, risk of ruin accumulates with the number of bets: each repeated play increases the risk, and persistent …
Survivability. You can now see the combined effect on your bankroll of playing up to 5 different games on a trip, as well as the interim results after each individual game. Column G is not in Vegas. In video poker mail forums, the subject of "volatility" often comes up. This program does accurate bankroll and risk-of-ruin calculations for a wide variety of video poker games.
Along with advice on required bankroll size to stay within a reasonable risk of ruin percentage.
How to analyze your risk playing video poker By Henry Tamburin .
New in V2.0! The author of the program is “Dunbar,” a professional gambler who has a strong mathematical background and a Ph.D. in biophysics. Video poker’s risk of ruin formula. You can now see the combined effect on your bankroll of playing up to 5 different games on a trip , as well as the interim results after each individual game.