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Eternal Risk of Ruin Calculator

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This tool is designed to help you analyze the likelihood of experiencing financial loss, even when you have a favorable expected value, a certain standard deviation, a specific bankroll, and the ability to play indefinitely. It is assumed that the player is engaging in flat betting, and the odds remain consistent for each trial. The core question addressed by this calculator is the likelihood that a player will exhaust their funds rather than continuously increase their bankroll. Below is a breakdown of each parameter.

  • Player Advantage - This refers to the edge the player has on the bet. For instance, in a scenario where the full pay offers a return of 100.762%, the player's advantage can be calculated as 0.00762. Ensure you input the advantage as a decimal instead of a percentage. deuces wild Standard Deviation - This value is the square root of the variance associated with each individual bet. For example, in full pay Deuces Wild, this figure is approximately 5.08.
  • Bankroll - This denotes the maximum number of bets you can afford to make before depleting your funds, assuming you lose every single wager. Essentially, this is your total money available for betting divided by the stake of each bet. For instance, if you start with $5,000 and plan to wager $1.25 per game of video poker, your bankroll can be represented as $5,000/$1.25 = 4,000.
  • Ruin Probability - You don't need to fill this in manually. Once you press calculate, the program will generate an estimated probability of depleting your bankroll. The contrasting outcome is the continuous growth of your funds.
  • Note: This calculator provides merely an ESTIMATE. The larger your bankroll, the more precise this estimate will be. In situations like

, where the worst-case outcome is a loss of just one unit, I find that this calculator might exaggerate the risks of financial ruin. video poker , video keno , and slots Massive prize pools available in slot tournaments

Calculate the Risk of Ruin

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Calculators

Acceptance of both traditional and major cryptocurrencies

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