3cp playing 2 hands
- Thread starter KingHenry
- Start date
Jack_Black
Well-Known Member
what is your bankroll size, and the percentage risk of ruin you're willing to take?
well..
ive been using the following table from a previous post:
.1% - 300 units
.3% - 250 units
.5% - 230 units
1% - 200 units
3% - 150 units
5% - 128 units
10% - 95 units
so for my bankroll of $10k and taking on the assumption of 1% ror, I've been using $50 units. Just to make sure, when units are used for 3cp, that described the ante bet, not the total ante and play bet, correct?
either way, do you know the percent of the unit that is appropriate to bet for each of 2 hands for optimal return vs. risk (like how its ~72% of the bet for 2 hands in blackjack)? Also, since compared to blackjack you remove the problem of using high cards, is this optimal percent just based on the correlation between the 2 hands of win/lose vs. dealer hand to arrive at the optimal percent?
ive been using the following table from a previous post:
.1% - 300 units
.3% - 250 units
.5% - 230 units
1% - 200 units
3% - 150 units
5% - 128 units
10% - 95 units
so for my bankroll of $10k and taking on the assumption of 1% ror, I've been using $50 units. Just to make sure, when units are used for 3cp, that described the ante bet, not the total ante and play bet, correct?
either way, do you know the percent of the unit that is appropriate to bet for each of 2 hands for optimal return vs. risk (like how its ~72% of the bet for 2 hands in blackjack)? Also, since compared to blackjack you remove the problem of using high cards, is this optimal percent just based on the correlation between the 2 hands of win/lose vs. dealer hand to arrive at the optimal percent?
Jack_Black
Well-Known Member
A few things.
PM me as to where they are allowing 2 hands to be played.
Yes, a unit size refers to what you are placing in the ante circle, not ante and play.
Are you referring to Kelly betting? If so, that would be 13.53% of your BR, continuously adjusted after each bet. But I know of no one who uses this formula. Most people use a fraction of Kelly that puts their ROR in the range of 1-5%.
Ironically, I am on vacation for the week, but still checking in on the site! I don't have access to "The Book" right now which goes into further detail and better considerations for ROR, bet sizing and the like, specifically for 3cp. Perhaps another site member with "The Book" can aid the OP?
Weird variance!? How about absolutely crazy variance!?!? It kinda doesn't make it worth playing IMO.
PM me as to where they are allowing 2 hands to be played.
Yes, a unit size refers to what you are placing in the ante circle, not ante and play.
Are you referring to Kelly betting? If so, that would be 13.53% of your BR, continuously adjusted after each bet. But I know of no one who uses this formula. Most people use a fraction of Kelly that puts their ROR in the range of 1-5%.
Ironically, I am on vacation for the week, but still checking in on the site! I don't have access to "The Book" right now which goes into further detail and better considerations for ROR, bet sizing and the like, specifically for 3cp. Perhaps another site member with "The Book" can aid the OP?
Weird variance!? How about absolutely crazy variance!?!? It kinda doesn't make it worth playing IMO.
NightStalker
Well-Known Member
That's way too low..
Ill say 1000units on perfect read. In my sim, I've seen losing streak as big as 6000 units..moo321 said: