Drawdown survival — what a normal losing streak looks like

Drawdown survival — what a normal losing streak looks like

Most bettors who quit do not quit because their edge died. They quit during a losing run the math said was coming. This session puts real numbers on what "normal" looks like, shows how deep the hole gets at different Kelly fractions, and gives you the test that separates a drawdown from a dead edge.

What this session covers

The drawdown profile of a genuinely winning bettor: how long streaks run, how deep the peak-to-trough hole gets, and how much of that depends on stake fraction rather than skill. Then the diagnostic — CLV holding while results lag means variance; CLV degrading means the edge is gone. Then the survival protocol.

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Drawdown survival — what a normal losing streak looks like | Sharp Academy