FUHGEDABOUDIT
Active Member
I read or heard somewhere that a good card counter should win two out of three sessions. True?
Don't know about that. First 5 years I NEVER had a losing year. The last 2 nothing but downhill. So figure the math? The only thing that matters to me is the bottom line and mine is still a plus! I remember I had one streak of 18 winning sessions in a row. The losing streaks you want to forget. 60 months of + minus 24 months of - = + 36 months = 71.4% of the time a +.FUHGEDABOUDIT said:I read or heard somewhere that a good card counter should win two out of three sessions. True?
no kidding, because 1 losing session usually wipes out about 10 winning sessions....:laugh:InPlay said:Don't know about that. First 5 years I NEVER losing had a year. The last 2 nothing but downhill. So figure the math? The only thing that matters to me is the bottom line and mine is still a plus! I remember I had one streak of 18 winning sessions in a row. The losing streaks you want to forget.
Depends on how long those session are. When I first started I used to play to make a days wages. Short and Sweet. Last 2 years have been longer sessions maybe thats why I am losing? Seems like I am up always at the start then its downhill from there. I used to treat it as a business before.toastblows said:no kidding, because 1 losing session usually wipes out about 10 winning sessions....:laugh:
I would think that's about right. I believe it was Schlesinger who said, but don't quote me on this that a counter should win somewhere between 55% and 65% of his sessions. I guess it also comes down to how you define a session? For myself my solo play has yielded a 66% session win rate which is right on the 2 out of 3 mark and my team play results are at 57%.FUHGEDABOUDIT said:I read or heard somewhere that a good card counter should win two out of three sessions. True?
I was wondering if the BJA formula you referred to on your link above was Formula 1 for goal given a time constraint.QFIT said:Interesting question. I put up an answer at http://www.blackjackincolor.com/blackjackvariance3.htm. Basically, Sonny's numbers are right.
Thanks so much Norm.QFIT said:I would not suggest that anyone attempt to use formula 1 by hand. But this is much simpler than formula 1:
1 - normp((b - t * mu) / (sigma * t ^ 0.5))
where:
mu = win rate
sigma = std. dev.
b = bankroll
t = time
normp = Cumulative normal probability distribution function
I think, like System said it depends greatly on how you define a session.Guynoire said:Many people, either consciously or unconsciously, set win limits on their sessions. This has no overall effect on the results other than limiting the number of hours played but will shift the distribution of winning to losing sessions. Setting win limits will increase the proportion of winning sessions but these winning sessions will typically be smaller than the losing ones.