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How do I size my bets?

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What is the recommended bet size and how do I calculate it accordingly for different game variances? 

Does it make sense if I were to use a game’s standard deviation, establishing the min-max no. of rounds I need for a successful hit and deciding how much % of ruin I can stomach?

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If you are asking for bet amount in different games and payout, then it's depends on you.  You need to select your bet size for being safe a little. Always check the odd and see the longer red streak you expect on that game. Then decide/size the bet amount so that you can cover your expected red streak with green hit. Bigger red streak will ruin your balance and it will come in the long run. 

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