BlackjackCardCountingSoftware

CVCX Online Calculators - Risk

Risk of Ruin Given No Goal but a Time Constraint (Trip Ruin)

This is the trip ruin formula in Blackjack Attack page 132. Risk is still calculated, but for a specified number of hands. The risk is lower than with the calculator with no time constraint since you have a quit point.
  
  Bankroll in Units
  Win rate per 100 hands
  Std. Dev. per 100 hands
  Hands Played

Definitions

  • End Result/Goal in units: This is the number of units that you wish to finish with including the bankroll that you started with.
  • Bankroll in units: The number of units that you start with.
  • Win rate per 100 hands: The units that you win over 100 hands. You can get this from the CVCX Online Main Viewer.
  • Std. Dev. per 100 hands: You can get this from the CVCX Online Main Viewer.
  • Hands: Total number of hands played. Does not include skipped hands.
  • Probability of reaching goal: The percentage of times that you will reach the specified goal at any time under the requested conditions.

Other CVCX Online Calculators

 

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