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  1. Las Vegas, the once friendly city

    In earlier days, Las Vegas, even its cab drivers, were remarkably friendly and helpful. The beginning of the change was a quarter of a century back, not recent. I remember talking to casino workers, 25 years ago, about how the friendliness of the city had dissipated. Nothing to dissipate now. A resort city must be, primarily, about fun. FUN. Not gouging you for every dollar you have. Atlantic City, in one casino, has put its future profits on "gentlemen's bars." This is a good fit with the current ...
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    Musings
  2. Risk, Ruin, and Trip-Stake Wipeout by Bryce Carlson

    There's hardly anything more discouraging than traveling hundreds or thousands of miles to a prime casino destination, spending hundreds or thousands of dollars on airfare, food and lodging, only to have your entire trip stake wiped out by a bad run of cards because you didn't adequately anticipate your true playing cash needs. That really hurts. Big-time.

    Now, of course, no matter how carefully or conservatively you calculate your trip stake, once in a great while a sustained run ...

    Updated 05-11-2013 at 02:37 PM by Bryce Carlson

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  3. Small error and the wonders of technology..

    In my re-derivation of the Patrick Sileo result ROR = e^(-2Bank/EKB) in my version of the Optimal Betting Spread proof found here

    http://www.blackjackforumonline.com/...ng_Spreads.pdf , some tinkering with my WolframAlpha App on my Ipad I discovered a pleasing error.

    The offending expression was that equation (75) was that the quantity Y = e^2 + O(1/sqrt(n0)). I was playing with the expression (75) using Mathematica online, and it actually gave me the expansion
    ...
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  4. Signs that you are counting cards

    Bill Zender’s excellent books talk to advantage play from the casino perspective. This is important to our side as we need to know how the casino side thinks. It is more important to know how the casino identifies an advantage player than it is to know how to accurately identify an advantage player. As many casino execs have read Bill’s books or attended his presentations, his work is valuable to us. Fortunately, a brief discussion by Bill on card counter identification is available online at: http://casinosurveillancenews.com/tr...nter-detection
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    Blackjack General
  5. Partly agreeing with Blackjack Avenger Part 2:

    Quote Originally Posted by brh View Post
    Quote Originally Posted by brh View Post
    Thanks Gramazeka, I need these results for another thread:

    I am interested in the case where the Kelly bettor sets their goal at Infinity.

    1. Prob [Bank reaches "b", before loosing "a"](k) = [1-a^(1-2/k)]/[b^(1-2/k) - a^(1-2/k)]

    If lim b-> infinity (k<2),
    Prob [Inf,a](k) = [1-a^(1-2/k)]/[ 0 - a^(1-2/k) ]

    = - [1-a^(1-2/k)]/[ a^(1-2/k) ]

    = 1 - a^(2/k-1)
    ...
    Tags: kellyresizingror Add / Edit Tags
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