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  #1  
Old 06-14-2006, 10:11 PM
Jehaim Jehaim is offline
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Default BlackJack Whoring --> 17% change?

Played several casinos with BlackJack bonusses.

I played 6000 (!) bets.

The edge for the casinos was 0.50% at the 'worst' one.

So I should have lost 30 bets.

I lost 145 bets.

Like the casinos had a 2.41% edge.

Is the change of that happening 17%?
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  #2  
Old 06-14-2006, 10:32 PM
Ken_AA Ken_AA is offline
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Default Re: BlackJack Whoring --> 17% change?

sounds ok to me.

Ken
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  #3  
Old 06-14-2006, 10:56 PM
Sharksfan Sharksfan is offline
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Default Re: BlackJack Whoring --> 17% change?

Honestly, 6000 bets isn't alot to judge by, try 100,000 or a million, otherwise the numbers could be off either way.
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  #4  
Old 06-15-2006, 12:27 AM
kyleb kyleb is offline
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Default Re: BlackJack Whoring --> 17% change?

Hoo boy, 6000 bets.
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  #5  
Old 06-15-2006, 02:46 AM
KUJustin KUJustin is offline
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Default Re: BlackJack Whoring --> 17% change?

Not sure what planet you guys are on but 6000 is a pretty hefty sample size especially for something that's pretty close to a coinflip.
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  #6  
Old 06-15-2006, 03:04 AM
godofgamblers godofgamblers is offline
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Default Re: BlackJack Whoring --> 17% change?

Blackjack as a whole is a coinflip. If you don't have a large sample of each individual scenario (6 vs 10, 5 vs 7, 3 vs 4, etc) then you don't come close to hitting the expected values. Besides, 6000 bets is maybe 3-4 casino bonuses, so you can understand the general tone.
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  #7  
Old 06-15-2006, 04:57 AM
Siegmund Siegmund is offline
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Default Re: BlackJack Whoring --> 17% change?

KUJustin is referring to the fact that, flipping a coin, you'd expect to see a standard deviation of about 40 after 6000 trials - so, at first glace, this looks like about a -3 sigma event. By no means impossible, but enough to count as some pretty bad luck.
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  #8  
Old 06-15-2006, 05:18 AM
Smelly Smelly is offline
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Default Re: BlackJack Whoring --> 17% change?

[ QUOTE ]
KUJustin is referring to the fact that, flipping a coin, you'd expect to see a standard deviation of about 40 after 6000 trials - so, at first glace, this looks like about a -3 sigma event. By no means impossible, but enough to count as some pretty bad luck.

[/ QUOTE ]

Only a 0.25% chance of it happening, right?

3 sigmas is 100-99.5= 0.5%, but you have to divide by two because there's times where he will run so well that he'll end up 3 standard deviations ABOVE the average, which of course he'd love.

Is my math right? I'm trying to get good at this stuff.
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  #9  
Old 06-15-2006, 07:55 AM
Thremp Thremp is offline
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Default Re: BlackJack Whoring --> 17% change?

Are you sure the house edge is only .5%. I've seen some BJ games with [censored] rules and misclicks... wrong charts etc. add to that.
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  #10  
Old 06-15-2006, 08:20 AM
kyleb kyleb is offline
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Default Re: BlackJack Whoring --> 17% change?

[ QUOTE ]
Not sure what planet you guys are on but 6000 is a pretty hefty sample size especially for something that's pretty close to a coinflip.

[/ QUOTE ]

A single hand of blackjack is only a coinflip in theory, not in practice.
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