Bankroll units and session limits as a planning habit
Sizing play in units rather than currency turns a vague intention into a number you can check against. The unit is a bookkeeping device, not a strategy.
Working notes on the odds behind card and table games
Entries filed under bankroll, newest first.
Sizing play in units rather than currency turns a vague intention into a number you can check against. The unit is a bookkeeping device, not a strategy.
Expected value describes the long-run average; variance describes how far a short session can sit from it. Most arguments about luck are really arguments about the second one.
Filed under: Odds and probability, Bankroll — permalink