Automatic Monkey
Banned
Buzzer said:Why is it that so many posters feel the need to be insulting? I believe a forum should be a place to discuss different strategies - without fear of being insulted!
I did note that the senior members at least are respectfull in their responses. That is as it should be.
I'm not a mathmetician but I do have an advanced degree and have taken courses in Calculus and Probabilities & Statistics. I refrain from throwing out unsupported numbers. I've noticed a number of posters throw out percentages which are obiviously opinions and guesses.
In this thread someone stated they did not expect to win until they've played 18,000 hands. Seems to me that if you are playing at an advantage it would begin to show results long before 18,000 hands.
I did run a binomial probability on my results. Even with a 50% chance on each hand (would actually be a 49.67% chance), the probability of my results is 0.00%. If I'm just lucky - I'm damn lucky!
-Buzzer
The sarcasm is due to two facts: 1) Issues like this come up all the time in blackjack fora, really the same issues over and over again and eventually we get a little tired of it. That's our weakness, don't take it personally and 2) Losing your money through gambling has caused tremendous pain to many people, and we don't want to see that happen to anybody. Even playing with an advantage, every advantage player here has experienced devastating swings. Every one of us has felt like giving up. Gambling is hell, which is why most advantage players don't even call it gambling, to differentiate ito from what we do.
The number of 18,000 I gave you is called the N0 (that's a zero) of a particular game with a 1.3% advantage. It is a function of the advantage and the standard deviation of results of a particular game. It doesn't mean it will always take me 18,000 hands to show results, just that it could. After 18,000 hands there is a 1 standard deviation chance of me being ahead. All this tells me is how much money I have to be prepared to lose before I get back ahead.
Think of it like a biased coin flip- suppose I gave you a trick coin that is 1.3% more likely to come up heads than tails, and you were to bet heads on it. Sure, you have an advantage. But are you going to bet every dollar in your pocket on that advantage? If it comes up tails, you have no money to place another bet. Calculating these statistics is just as important as calculating your advantage, because no matter how big your advantage is, if your bet is too big, play long enough and the casino will eventually "get lucky" and take all your money.