Re: Blackjack Strategy
[ QUOTE ]
oh I know but the thing is this strategy seems much better then a regular $1 betting system or however I used to play because I never used to win..
[/ QUOTE ]
Casino games have 4 common attributes:
1) house advantage
2) very fast 'rounds' (so the house advantage can 'bite' many times per hour).
3) easy to learn (so idiots can pick it up quickly, idiots being their target market)
4) very high variance.
To discuss the last point further. High variance means, in English, that the results are highly erratic, ie. fluctuate wildly. Gamblers remember their wins but forget their losses, and get hooked. A very low variance game, eg. where hand after hand you get back 95% of what you bet, would be very boring and very unprofitable for casinos. No one would get hooked. ALL casino games are high variance around a house advantage mean.
Even among all the casinos' high variance games, BJ is especially variable (whereas Poker is among the lowest varianced of games)
For the same +$10 EV/hour, a poker game might have a standard deviation of $50 to $75 (variance of $3600 say), whereas BJ will have a std dev of $600 (variance of $360,000, ie. 100 times worse). This has a huge effect on human perceptions. In fact, with BJ, it pretty much destroys human abilities to judge. To explain:
When I have run BJ simulators (which I have done a LOT of), wanting to get an EV of certain betting systems and bet spreads, I wouldn't even glance at the simulation results until the simulator had run over 100 million hands. Even runs of a few 10's of million hands would show noticeable fluctuations due to 'small' sample size. Bear in mind that it takes about 5 years for a full-time BJ professional to clock up just 1 million hands.
What I am saying here is that your personal BJ experience, over weeks and even months, bears absolutely no resemblence to statistically likely EV. Your results will be utterly and totally dominated by luck, rather than statistical likelihood. Therefore you simply cannot judge whether one betting system is better than another betting system, unless you use both of them for at least 5 years each (and preferably about 50 years each).
Poker, OTOH, will usefully approach EV within a few months of play.
Your current level of BJ experience is statistically worthless. Either play for another 5 to 10 years then get back to us, or program your betting system into a BJ Simulator and run a few 10's of millions of hands and tell us the results (hint: you will prove the house advantage as you are varying your bets independently of any useful variable, ie. you are not counting, etc).
Your statement is as silly, statistically speaking, as saying you've flipped a coin 3 times and seen that heads come up twice as often as tails, and so your Head betting strategy "seems much better".
|