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Old 04-07-08, 02:03 AM
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Join Date: Oct 2004
Location: Florida Coast
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Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
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So, I decided to set up a little Kelly Criterion calculation in Excel. I went the conservative route with all of my numbers:

For my bankroll, I didn't use all of it, but have it based on my 2008 HU SNG winnings plus a bit (less than that total I have online).

For my ROI, I used my 2008 number, and included that ridiculous run of turbos I played that knock down my non-turbo ROI a few percent.

Both my bankroll and ROI update automatically, so everything is recalculated after every match I play.

Then, rather than going with the straight KC number, I rounded it down (this coincidently will match ROI for HU play), and set high and low tolerances for where I think I'd be comfortable playing. I'm pretty sure going straight KC (losing half my roll 1/3 of the time) is would be too much variance for me to stomach, so I picked 20% KC and 50% KC for my low and high limits, intending to play within that Buy In range.

Now here's the funny thing, and I couldn't make this up if I tried. The numbers it spit out for me:

Low - $199.81
High - $499.53

Well, isn't that ironic?

Going by the letter of the law, my next match should be a $200 one and if I win that, I should immediately move to $500 (the numbers will adjust up slightly). Of course, that doesn't count the juice, which needs to be counted.

Funny thought how it came out basically saying I should be at the crossroads I feel like I'm at.
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