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Acceptable ROR

prankster

Posts count: 278

Topics count: 45

Jun 2, 2020, 3:44:25 PM

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Would a professional blackjack player be o.k. playing with a 5% ROR? Thanks!

GMan

Posts count: 213

Topics count: 2

Jun 2, 2020, 5:37:06 PM

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I don't think so!
Most pros go for less than 1%

prankster

Posts count: 278

Topics count: 45

Jun 3, 2020, 12:33:36 AM

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Thanks G-Man.

Automatic Monkey

Posts count: 547

Topics count: 24

Jun 9, 2020, 12:02:17 AM

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That's the one thing where your opinion matters. Kelly's Theorem only defines the risk of ruin, it's up to you whether or not you want to take that risk.

discostu21

Posts count: 73

Topics count: 14

Jul 26, 2020, 5:52:48 PM

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1 in 20 isn't that rare of an occurrence. If your bank is replenishable 5% not horrible. If it's not replenishable, stick with under 1%