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ROR

SCAA71

Posts count: 125

Topics count: 45

Jun 4, 2011, 6:51:04 AM

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ROR

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

GMan

Posts count: 205

Topics count: 1

Jun 4, 2011, 7:41:38 AM

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An easy approach...

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%