Inexplicable statistic on CVCX

JohnCrover

Banned
Someone ran a simulation for me on CVCX and the statistics looked good. High hourly, low RoR etc. But then I noticed that CVCX said my chances of reaching 30,000 was only 84 percent if I were to play forever. I don't understand this at all, especially because my RoR was lower than 6 percent
 

DSchles

Well-Known Member
JohnCrover said:
Someone ran a simulation for me on CVCX and the statistics looked good. High hourly, low RoR etc. But then I noticed that CVCX said my chances of reaching 30,000 was only 84 percent if I were to play forever. I don't understand this at all, especially because my RoR was lower than 6 percent
Screen shot?

Don
 

DSchles

Well-Known Member
Seems odd. Not intuitive to me (I don't say that very often!). It's implying that, if you play forever, and you don't go broke, you'll nonetheless have 10% chance of staying below the $30,000 mark. Seems wrong.

Don
 

JohnCrover

Banned
It has to be wrong....how can anyone have billions of dollars worth of EV generated and not have actual value of 30k? It's insane.
Edit: I' so confused. My perception of reality is in question.
 
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