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Stanford Wong
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Jun 4, 2011, 6:51:04 AM
pls help to find the result : EV +0.004, var = 1.22 / for 1 spot bet amount = 1 unit x 3 spots =3 units BR= 2500 & 3000 units respectively ROR= ? ?
i get ROR < 0.01% for 3000 units
thx U
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Jun 4, 2011, 7:41:38 AM
If you were to play only one hand at full Kelly, you would bet: (0.004 x 3000) / 1.22 = 9.836 units.
Playing on three hands would permit 9.836 x 1.71 (from BJA3, p.26) for a total of 16.82 units or 3 hands of 5.61 units.
Now remember, this is for full Kelly. Since you are only playing one unit or 1/5.61 Kelly, your RoR goes from 13.53% to about 0.0013%