General Gambling Questions For Me

[Lama]

Supose im organizing a tournement 4v1 each player of equal skill 4 player agaisnt 1 they can consult each other openly before deciding what to do, and the winner take all what would be the odds the lone player win ? the 4 player win colectively by eleminating the lone player.

[Donk4Life]

Which is easier to beat, horses or sports?

Would the size of the vig influence your answer?

[The4Aces]

I am not sure if this is exactly the right place to post this thread, but I am going to post it here anyways in hopes that you respond.

I would like your explanation/opinion of the “Monty Hall” problem. I am going to try to give a scenario that is represents the problem that has more to deal with gambling than the donkey/cars.

For example: If i have 3 briefcases. In one briefcase there is $1,000,000 and in the other 2 cases there is $0. I know which case has $1,000,000, but I do not care if you win the money or not.

I give you the option to choose a case. In this example you choose case #1. I then revile that case #3 is empty. I then give you the option to switch to case #2.

Is it +EV to switch to case #2? and if so why?

Most people would probably say that it doesn't matter if you switch or not. However there is a lot of math out there saying it is +EV to switch. Can you please give your opinion/ analysis of this problem?

[jogger08152]

In my state, casino gambling is not legal. However, charities can and frequently do sponsor legal "casino nights". One of the games offered at these is a variant of blackjack.

The cards are dealt from a 6-deck shoe and the dealer deals through about 4 decks before reshuffling. There are certain advantages for the players: the dealers are quite bad and may make errors in paying/collecting chips (they may also flash their hole card, though I'm not sure I could take advantage of this), and the house is very unlikely to notice either basic strategy or counting. Thus, the player can press every advantage without worrying about heat from the pit.

The downside is that the rules stipulate that in the event of a push on 17, the dealer wins.

Given a simple high low count such as you described in Sklansky Talks Blackjack, and given perfect play as dictated by basic strategy modified by the count, is it possible to beat this game? Would particularly favorable rules make it beatable? Or is this out of theoretical reach regardless of the rest of the rules?

[ebepse]

Ignoring the online gambling legislation, how many people would enter the 2007 main event if it was suddenly changed to winner take all?
assuming they all knew of this before they got their seat.

[yellowsub]

[ QUOTE ]
In my state, casino gambling is not legal. However, charities can and frequently do sponsor legal "casino nights". One of the games offered at these is a variant of blackjack.

The cards are dealt from a 6-deck shoe and the dealer deals through about 4 decks before reshuffling. There are certain advantages for the players: the dealers are quite bad and may make errors in paying/collecting chips (they may also flash their hole card, though I'm not sure I could take advantage of this), and the house is very unlikely to notice either basic strategy or counting. Thus, the player can press every advantage without worrying about heat from the pit.

The downside is that the rules stipulate that in the event of a push on 17, the dealer wins.

Given a simple high low count such as you described in Sklansky Talks Blackjack, and given perfect play as dictated by basic strategy modified by the count, is it possible to beat this game? Would particularly favorable rules make it beatable? Or is this out of theoretical reach regardless of the rest of the rules?

[/ QUOTE ]

you want to beat a charity blackjack game

sick sick sick

[jogger08152]

Of course I do. If I like the charity, I can always donate later. I certainly don't favor every charity that sponsors a casino night.

[JaredL]

David,

Say you're an NFL coach. Your team and the opposing team is evenly matched. On the first play of the game you gain four yards, and thus have a 2nd and 6 at let's say your own 24 yard line. On your second play, you somehow know that with probability 1/2 you will gain x yards and with probability 1/2 you will gain 0. What is the value of x for which you would be indifferent between that gamble and getting 6 yards (and hence a first down) for sure?

[djames]

Deleted because I don't really care.

[Sevenfold]

David,

WSOP main event.

First hand folded around to the SB and you in the BB.

Drunk goes all in and flashes you his cards.

How much of a favorite would you have to be to call?