CVCX Online Calculators - Risk

Risk of Ruin Given a Goal and No Time Constraint

This is a modification of the Double Barrier risk formula with the number of hands removed. It can be found on Blackjack Attack page 139. Here you quit if you hit a goal, but there is no limit on number of hands.

	End Result in Units/Goal
	Bankroll in Units
	Win rate per 100 hands
	Std. Dev. per 100 hands

Definitions

End Result/Goal in units: This is the number of units that you wish to finish with including the bankroll that you started with.
Bankroll in units: The number of units that you start with.
Win rate per 100 hands: The units that you win over 100 hands. You can get this from the CVCX Online Main Viewer.
Std. Dev. per 100 hands: You can get this from the CVCX Online Main Viewer.
Hands: Total number of hands played. Does not include skipped hands.
Probability of reaching goal: The percentage of times that you will reach the specified goal at any time under the requested conditions.

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