Math experts please pm me.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Albert Pujols
    SBR MVP
    • 06-01-10
    • 1670

    #1
    Math experts please pm me.
    Thanks.
  • SamsNCharge99
    SBR Aristocracy
    • 10-22-08
    • 41242

    #2
    don't have PMs, but currently a math major at school

    maybe I can help
    Comment
    • Albert Pujols
      SBR MVP
      • 06-01-10
      • 1670

      #3
      Trying to figure out if I was cheated or just had unbelievably bad variance. Lost $893 after playing $7155 worth of $5 blackjack. Perfect basic strategy with surrender.
      Comment
      • Justin7
        SBR Hall of Famer
        • 07-31-06
        • 8577

        #4
        Originally posted by Albert Pujols
        Trying to figure out if I was cheated or just had unbelievably bad variance. Lost $893 after playing $7155 worth of $5 blackjack. Perfect basic strategy with surrender.
        Here is a napkin solution:

        rough volatility per bet in BJ is about 1.3 (?). So you are down 893 / 5 / 1.3, or 137 hands.

        7155 in volume is 1431 hands. a standard deviation is (again, quick solution assuming p = 0.5) is about 38. On the downside is 19.

        137 / 19 is Z - 7.2. Your luck is 7.2 deviations below mean. Is that roughly 1 in 404k?

        I would ask for a hand history and have someone review it.
        Comment
        • Justin7
          SBR Hall of Famer
          • 07-31-06
          • 8577

          #5
          Er, one other thing. A typical game has a house edge of about 0.5%. 7155 in volume, you should lose roughly 360. So your chance side is 893-360, or 533. 533 / 1.3 / 5 / 19 = 4.3. So now we're ... 1 in 1600? Possible, but fishy enough to ask for a hand history.
          Comment
          • Albert Pujols
            SBR MVP
            • 06-01-10
            • 1670

            #6
            Originally posted by Justin7
            Er, one other thing. A typical game has a house edge of about 0.5%. 7155 in volume, you should lose roughly 360. So your chance side is 893-360, or 533. 533 / 1.3 / 5 / 19 = 4.3. So now we're ... 1 in 1600? Possible, but fishy enough to ask for a hand history.
            Expected loss is $36, not $360.
            Comment
            • Flight
              Restricted User
              • 01-28-09
              • 1979

              #7
              You could also look at W-L record and assume a 50% game, figure out the Z score of the record. Although split/double would skew the W-L because you are playing 2 W's or 2 L's.

              Or you could just read what's already been written about the subject.

              An in-depth look at variance in blackjack, including playing multiple hands at once.


              3500 hands, 450 units lost, you are well below .01% (< 1 in 10,000)

              I assume this was not an in-person session.
              Comment
              • Flight
                Restricted User
                • 01-28-09
                • 1979

                #8
                I am of a rare breed though; I see 1 in 10,000 as perfectly reasonable odds of occurring. (ie if this is a website, they probably have hundreds of thousands of sessions per year, so this will happen several times to several players who will almost surely complain. The odds seem so improbable that human psychology comes into play and cause people to say things like "why me?" or "this is impossible!" when it's not impossible; just improbable. You would also expect several players to win $800 over the course of a year)
                Comment
                • Albert Pujols
                  SBR MVP
                  • 06-01-10
                  • 1670

                  #9
                  Originally posted by Flight
                  I am of a rare breed though; I see 1 in 10,000 as perfectly reasonable odds of occurring. (ie if this is a website, they probably have hundreds of thousands of sessions per year, so this will happen several times to several players who will almost surely complain. The odds seem so improbable that human psychology comes into play and cause people to say things like "why me?" or "this is impossible!" when it's not impossible; just improbable. You would also expect several players to win $800 over the course of a year)
                  I don't think so. I'm not one that thinks casinos are rigged. But I knew pretty early on that I wasn't playing a fair game.
                  Comment
                  • Albert Pujols
                    SBR MVP
                    • 06-01-10
                    • 1670

                    #10
                    I had to keep playing because of rollover. I stopped when it became obvious. Now I just want them to give me my deposit back.
                    Comment
                    SBR Contests
                    Collapse
                    Top-Rated US Sportsbooks
                    Collapse
                    Working...