Quote:
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Originally Posted by Robert Fischer
I'm sure a better mathematician could demonstrate a simulation with a worst-probable outcome scenario.
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I would be
highly entertained by a program which you could enter inputs for things like hit%(or even a range) and odds, and bankroll size, and then receive a report for a number of things such as:
- Kelly Criterion
- risk of ruin (a probability, perhaps given with times, eg 100trials, 1000trials, 10000trials)
- worst-case probable scenario (fastest way to ruin within probability limits)
- best-case probable scenario
- a 'dice roll' button to simulate either 1 race or an entered number of races at once
- pretty colors
I don't know if you guys ever played 'Oregon Trail' in school?
