blackjack avenger said:
So applying the TC theorem the RC has dropped from 16 to 8. The TC applying the TC theorem is still tc4. It's a positive expectation hand. If you make one bet early on before you leave you are hoping the TC theorem is true. As you make that last bet are you also not hoping the TC theorem is true? Also, in your scenario it's only 1 round in hopefully a rare situation, not going to make or break you.
If you were to apply the put the unseen cards behind the cut card plan you would place a Tc2 bet instead of tc4, again ho hum not much difference for 1 hand.
Has anyone ever let a winning bet ride if the count dropped from TC4 to perhaps tc3 or even tc2? If you have done that then this should be less of an issue.
:joker::whip:
i remember Renzey writes about this sort of stuff in his Blackjack Bluebook II, errhh or at least sort of. where he talks about how multiple deck is sorta sluggish as far as the volatility of the true count. he even goes so far as to say at some point with a TC high enough one could just stop counting all together and bet some appropriate amount the rest of the way through the shoe, that this would end up being some small advantage, sorta thing. and alternatively at some point if the TC was low enough at some point in a shoe that it would be worthwhile abandoning the shoe. well, i hope i'm describing what i read fairly accurately. i think Blackjack Attack touches on this sorta thing as well, when referencing wonging.
whatever, again questions arise. like what would relying on the TC theorem mean as far the optimality of your betting? kind of throws the idea of proportional betting out the window, no?
what about risk of ruin, i know you mentioned how variance would be heightened, so your ROR would take a hit from this sort of stuff, no?
now i'm also remembering how Renzey described such stuff would have high variance. so one wonders, how much higher would the variance be, and if ROR is raised, how much would it be raised.
the other thing you mention is how this would likely be a rare situation, hopefully. just me maybe, but that's interesting, because rarity is a hallmark of advantage, far as i've seen.
but again just me maybe, but the rarity of certain advantages sometimes has me taking pause for thought far as the concern of do i wanna make this play or not, sorta thing. pretty much because of the tag along variance and the extreme of the rarity, sorta thing.
i also remember QFIT writing about how in some sense a novice sort of player who only plays rarely, say on vacations, sorta thing, might be better off just playing basic strategy and flat betting than trying to play a card counting strategy.
whatever, avenger, you seem to be one that has an interest, far as Kelly stuff goes, for sizing and resizing bets, i think perhaps according to damage done to ones bankroll, or health of ones bankroll, sorta thing.
how about resizing bets according to rarity and potential variance, sorta thing?
sometimes it just seems certain situations are just begging to take us on that horrific extreme roller coaster ride.:yikes::whip:
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