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Instructions
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This tool will calculate the bankroll needed, given your estimated hourly rate
and standard deviation, at a given risk of ruin.
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This will calculate in the units given. For example, if you give your hourly
rate and standard deviation in terms of dollar amounts, then the bankroll
calculated will be in dollar amounts. If you give your hourly rate and
standard deviation in terms of the big bets, then the bankroll calculated will
be in big bets.
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You must enter your hourly rate and standard deviation, then either your
current bankroll or your desired risk of ruin, and the calculator will
calculate the other one.
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Default Risk of Ruin is 5%.
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This assumes you will play at a given limit until you are broke. If you are
willing to step down in limit when you lose, bankroll requirements can be
reduced significantly.
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