This software is provided as is for educational purposes, and not intended for business use.
This calculator is the implementation of the blog post Bet sizing using risk-of-ruin indicator.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) | |
| Risk of Ruin |