Game | Speed | Wager | $/h | Sigma(1h) |
---|---|---|---|---|
Craps pass+2x, 1 come 2x odds |
120 rolls | 5 | $4.50 | $125 |
8/5 BP | 400 | 1.25 | $4 | $115 |
7/5 BP | 400 | 1.25 | $10 | $115 |
BJ (0.7%HA) | 80 | 10 | $6 | $100 |
BJ (Hi/Lo, double bet on +2, wong out on -2) | 80 | 10 | -$1.50 | $130 |
1-2NL or 4-8 Limit* | 30 | NA | $12 | $66 |
*poker assumes average player, and $4/hand dropped/toked. Sigma assumption is 15 Big Bets/100 for limit, 60 Big Blinds/100 for no-limit
A useful rule of thumb: Bankroll for n hours =Sqrt(n)*(sigma 1 hour)*factor. This neglects house edge. You could add the expected loss for the session to your bankroll to (approximately) correct for this, but if this is a significant amount of money, you are playing the wrong game!
Risk of Ruin | Factor |
---|---|
31.7% | 1 |
10% | 1.645 |
4.6% | 2 |
0.27% | 3 |
6e-5% | 4 |
Erfc(x/sqrt(2)) | x |