Sage said:
Hi Southpaw,
If the win rate per hand is only a function of total hands played, how does all this fit into penetration? In looking for deeper pen are you simply trying to get more hands played? Or is the goal the calculation of TC that yields more opportunities for betting up?
How do win rate per hand and pen interact?
First off, I wouldn't say that win rate is
only a function of the number of hands played. There will be a different average expectation for every hand, depending on how deep that hand is in the shoe. Your average expectation for a hand that is right off the top will
always be negative, unless you have been up to some funny business :joker:
The win rate increases
dramatically as penetration increases. Just look for some of those charts of W.R. v. Pen that IC&T has occasionally posted.
To the best of my knowledge, increased penetration benefits counters for 2 reasons:
(1) Increased frequency of TC's of higher magnitude. The greater the range of TC's that you see, the better. Even though you will see just as many TC's that are large and negative, we have a way of minimizing these by betting the table minimum or leaving the table all together, whereas we bet the farm when we see TC's that are large and positive.
(2) Less significantly, there is the benefit of floating advantage. For example in a 5/6 game, the shoe will have more SD character (on average), than a 4.5/6 game.
Hope this helps,
SP