Pretty close! They are all probabilities of "at least".Originally Posted by iCountNTrack
I am no real authority either, but luckily I can write basic code for a basic mathematical concept
For a game of blackjack:
A winning streak including pushes (p = 0.4222 + 0.0848 = 0.507) , the probability of a winning streak of 20 in 7000 rounds is 0.00428600 (0.00433)
A winning streak excluding pushes (p = 0.4222) , the probability of a winning streak of 20 in 7000 rounds is 0.00428600 is 0.0001288758 (0.00013)
A losing streak including pushes (p = 0.491 + 0.0848 = 0.5758), the probability of a losing streak of 20 in 7000 rounds is 0.0470625 (0.04643)
A losing streak excluding pushes (p = 0.491), the probability of a losing streak of 20 in 7000 rounds is 0.002329314 (0.00235)
Sincerely,
Cac
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