Stop-Loss Calculator
Analyze optimal stop-loss amounts and their impact on your expected value.
Stop-Loss Analysis
Stop-Loss in Units
Prob. of Hitting Stop-Loss
Expected Session EV (no stop-loss)
EV Cost of Stop-Loss
Expected Hands Before Stop-Loss Hit
Optimal Stop-Loss Comparison
| Stop-Loss ($) | In Units | Prob. Hit | EV Cost |
Formulas:
P(hitting stop-loss) ≈ Φ((-SL - EV) / Session_SD)
EV cost = P(hit) × (remaining_EV after stop-loss point)
Expected hands to hit SL = (SL / bet)² × SD² / (1 + e²) (random walk approx.)
Source: Griffin "Theory of Blackjack"; Malmuth "Gambling Theory"