Differential betting system

Discussion in 'Risk Management' started by virtualmoney, Mar 23, 2011.

  1. MGJ


    Write a simulation, including an adjustable input parameter called "rate of human errors" since people, unlike computers, occasionally make mistakes.

    How does it perform in simulation? What's the mean and the variance of ($profit / $wagered)? Can your psyche tolerate the bankroll fluctuations?

    Then, if you are comfortable, go forth and bet with real money.