I have learned to control variance at halves. Involves combination of high win rate coordinated with reducing $win per session and reducing by a further % reduction in $loss rate. Results really are...
To put in simple terms the proportion issue of losing streaks proportion exceeding winning streak - the sum total of wins exceeds the sum total of losses - translates to higher bets on winning...
That's just not true. Not even a valuable generalization. Most casinos would accept a 100 unit winner without even running tape on your play if the unit was $5. Even at $25 unit ($2500 win) it's...
Discipline may be the most important talent that a successful AP has. There have been tons of people with incredible talent who had some level of deficiency in their discipline, and it ruined them....
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) ,...
I was just rereading the thread and came across your question, which I had failed to respond to previously. So, the 0.52 would correspond to the 0.48, and then 0.43 would become 0.48, if we exclude...
I agree I’m rude. Apologies! I have been seeking some clarification on these things, but nobody really cared, so I guess you are my answer. On these online calculators, the following is how they...
Perhaps, before reaching definitive conclusions such as "This is incorrect", it's good to consider what is known as the benefit of the doubt.
For example, you could write: "I'm not sure about that...