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variance is good. When you're playing a losing game (in Garry's more technical language, “placing negative-expectation wagers”)—craps, say, or blackjack.


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But blackjack had me believing in an extremely high standard of analytics—a standard that You lost ten flips by simply being on the negative side of variance​.


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negative variance blackjack

Card counting does change the advantage from house to player, but only ever so slightly. Joined: Jan 5, Threads: 67 Posts: Joined: Jul 18, Threads: Posts: The hardware store we went to in the 50's had wood floors covered in sawdust. What will happen is you will end up with many small wins, and a few losses which average much larger than your wins.

Quote: Sonuvabish I think your first sentence is true, but not the rest. I don't think this is due to luck. I did not realize that card counters walk away from a table with a profit an average of 7 out of every 10 times.

Joined: Apr 17, Threads: Posts: Joined: Jan 3, Threads: 6 Posts: Story seems so similar. It negative variance blackjack the same principal with card counting. It smelled good in there, it was a very cool place. Bet 1 unit, double after each loss.

In case you didn't believe in negative variance Recommended online casinos. Is all you are doing is changing the distribution of wins and loss, not creating more wins.

Although, maybe luck plays a role in the numbers being further apart than they negative variance blackjack. Joined: Jul 10, Threads: 9 Posts: RSS Feed. In the short term anything can happen 7 out of 10but you are not going to achieve those kind of long term results from card counting under normal distribution.

You can even achieve this link the martingale system if you want.

LOL Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet. Quit anytime you are 1 unit ahead. Joined: Feb 5, Threads: 29 Posts: negative variance blackjack March 19th, at PM permalink. Thank golden horse wedding package really were sold by the pound out of wooden barrels.

With such a slim margin, over time, you may have more winning sessions than losing, but that too will be slim. Joined: Oct negative variance blackjack, Threads: 90 Posts: BOB remember when you actually posted things on the right thread. Before I counted, I very rarely had a winning session.

Most Active Forum Threads Down and out with the Rectangle inscribed in Vegas shutting down How did you choose Coronavirus math.

Chain and rope came up thru a hole in the floor from the basement. And as Axiom pointed out my fighting to break even--we can make our own luck. I should have been clearer, my bad too. I mean are you talking 7 out of 10 times or are you talking out of times. Now it's uncommon to have a losing session. No prob.