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Risk-of-Ruin Calculator

This calculator is the implementation of the blog post Bet sizing using risk-of-ruin indicator. This software is provided as is for educational purposes, and not intended for business use. To use this calculator, enter the characteristics of the bet as defined in the article and press the Calculate button.

Ruin level (H)

Maximum Number of Bets (N)

Wager fraction (f)

Win probability (p)

Net fractional odds (b)