Cash Game

Your Bank Roll

And bankroll (bankrulle) is one of the most important thing for us players. It does not matter if it is casino, Poker, odds or Bingo which we intend to play. Games checkout need not be large, is satisfied by a few hundred Euro (€) to begin with. But do not stick out and play for the entire game checkout directly on the next game, but instead divide up your cash. That way, you have the opportunity to win back your invested money in case you happened to lose your first game. When you win money, it's also very important that all profits go back to your bankroll so that it grows and is alive.

Units, part of your bankroll

And unit (unit) usually equivalent to one hundredth of your bankroll. As a professional player, you use a unit or more for each game. So if you have cash of € 2000 and want to bet on a football game, it costs you the game thus € 20. (and unit)

Optimal service level

The most important thing is to learn how to bet the right amount of money in the right game is that you should hold down the input level relative to the bankroll you have, preferably at low or very low level. Arrogance is your worst enemy that invites you to invest larger and larger sum of money. Hubris means your bankroll will soon be over. How do you know how much money is worth going for a game? Well there is fortunately a simple formula called “Kelly Formula“. The formula was developed by an American mathematician and has for years helped many players worldwide. Read more below.

Kelly's formula

Join now for this important! If you do not understand so please read the text again.

• Example: We assume that the game is to toss a coin, heads or tails. A bookmaker gives us the odds 2,20 Calipers. The probability of tails is 50%, so the true odds are (1/0,5)=2,00. 2,20 is therefore one of the odds. After 200 caste, we are very close to one hundred calipers. Games Checkout will show a profit of 10% net, about 220 insatser. We have published 2effortsser, 20 of them made a profit. To flip a coin with these odds is therefore a very attractive game. Yet we can not bet our entire bankroll on the first roll. A large sum of money on the first roll is a fascinating view. But regardless of the size of our bankroll we can not put the entire sum, for then it 50% risk that we will lose everything at once. While investing half of the game Treasury bet on the come out roll is oversized – two heads in a row and again is our bankroll end. But this game is a unique offering, and we must seize the opportunity now, and not waste it with excessive efforts. So is the golden mean the best way to go, and Kelly's formula can tell us exactly how large a bet equal to the golden mean.

We apply the formula in the previous example

Kelly Formula: B=(SME-1)/(k-1)

We know that p = i / 2, to the probability of tails is 50%. Games organizer odds are 2,20, so a = 2.20. Scale of the operation is therefore B=(i / 2 * 2.20-i)/(2,20-in)=0,083. The ideal operation in the example 100*0,083% of spelkassan. Suppose our bankroll is € 5,000. We now know thanks Kelly's formula that we should invest 8,33% of our game checkout, so that means we will invest € 416.50 per caste (5000*0,083). Kelly's formula invites us to increase the scale of the operation when the bet is favorable and the risk is small. When the risk is greater on the Kelly formula to relax and reduce efforts. One thing you really should watch out for is the so-called progressive systems, where you are increasing our efforts to cover your losses. This way of thinking is the opposite of Kelly's formula. The loss period sooner or later happens will then destroy your entire bankroll.

Your Goals

Who does not dream of the great benefits that make us players financially independent? With a disciplined play, then profits. Game Fund increases and hence the size of operations. Since the fluctuations are large in all gambling, so is the strength of Kelly's formula is that it is capable of prolonged loss suites and you will be persistent in your play. If you can keep track of your games and your results, it is inevitable to keep accounts showing profits and losses. Just as with poker players and all other games of chance many fish when the question of how it goes: “This go around I keep floating”. Black on white is required to prove to yourself and those around you that you really are playing smart and shows profit. An accounting Innehåll datum, game design and operation. It's also good to note your decision that led to the bet, For example, own point of view, playing your objektetet meet requirements spelstrategis, a third-party tips and so on. Once your book contains hundreds of notes so you can easily analyze your game techniques.