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Thread: mike.havens: Bust-out bets

  1. #1
    mike.havens
    Guest

    mike.havens: Bust-out bets

    A casino has a side bet that pays something like 2:1 for a 3 or 4 card bust, 5:1 for a 5 card, 25:1 for a 6 card, and 250:1 for a 7 or more card bust. I'm not sure of the exact odds sorry. 2 deck, H17, DAS, 50% penetration. I use UBZen. Is there a point where this side bet becomes profitable?

  2. #2
    Dog Hand
    Guest

    Dog Hand: Easy to crush...

    mike.havens,

    Simply bet equal amounts on BJ and the sidebet every round, then keep hitting until you bust... you cannot lose!

    Hope this helps!

    Dog Hand

  3. #3
    mike.havens
    Guest

    mike.havens: Re: Easy to crush...

    Keep hitting until I bust? I don't believe you. Please elaborate.

  4. #4
    NightStalker
    Guest

    NightStalker: Casino will go bankrupt

    > mike.havens,

    > Simply bet equal amounts on BJ and the sidebet every
    > round, then keep hitting until you bust... you cannot
    > lose!

    > Hope this helps!

    > Dog Hand

    if dealer start hitting everything..
    Side bet is probably for dealer's hand, not player's hand..

  5. #5
    Dog Hand
    Guest

    Dog Hand: Second Thoughts...


    mike.havens,

    After pondering your question, it occurred to me that perhaps you meant the sidebet concerned whether or not the DEALER would bust her hand, rather than whether or not the PLAYER would bust his hand.

    I checked the Wizard of Odds website (see link below), and found a sidebet called "Buster Blackjack" that's similar to the one you mentioned. I used the paytable shown on the WoO's website in the following calculations, so 3-card and 4-card busts pay 2:1, 5-card busts pay 4:1, 6-card busts pay 12:1, 7-card busts pay 50:1, and more-than-7-card busts pay 250:1 (these happen once every 120882 hands).

    I ran a 400-million-round CVData sim for a heads-up UBZII player playing three hands against the dealer for a H17 50% pen game. I modified the playing strategy for the player so that he never busts (that is, he stands on ALL stiff hands) and never splits: this way, the only time the dealer will fail to complete her hand is if the player is dealt three simultaneous BJ's: a prospect I considered unlikely enough to ignore in the calculations. Later, I realized that a simpler change would simply be to have the player play one hand, but ALWAYS HIT a soft-21: this too would insure that the dealer would always have to complete her hand.

    The results below show the percentage of each dealer bust at each RC, along with the frequency of the RC's and their raw numbers. The EV's shown are calculated using the WoO's paytable: thus, if your paytable differs from that shown, your EV will also be different.

    In fact, for your case I fervently hope the payoffs ARE different, as if you look below you'll see that, with the WoO's paytable, the sidebet is -EV at all RC's except exactly +39... ouch!

     
    3-card 4-card 5-card 6-card 7-card >7-card EV % of RC
    2 2 4 12 50 250 Payoff:1
    TOT 17.248% 9.061% 2.053% 0.248% 0.018% 0.001% -6.45% 100.00% 1,200,000,000
    >39 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% -100.0% 0.00% 12
    39 50.000% 0.000% 0.000% 0.000% 0.000% 0.000% 50.00% 0.00% 18
    38 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% -100.0% 0.00% 27
    37 15.789% 15.789% 0.000% 0.000% 0.000% 0.000% -5.26% 0.00% 57
    36 17.857% 10.714% 0.000% 0.000% 0.000% 0.000% -14.29% 0.00% 84
    35 16.129% 8.602% 0.000% 0.000% 0.000% 0.000% -25.81% 0.00% 279
    34 16.312% 7.092% 0.709% 0.000% 0.000% 0.000% -26.24% 0.00% 423
    33 17.483% 6.643% 0.699% 0.350% 0.000% 0.000% -19.58% 0.00% 858
    32 13.948% 4.721% 1.717% 0.000% 0.000% 0.000% -35.41% 0.00% 1,398
    31 19.766% 6.316% 1.170% 0.117% 0.000% 0.000% -14.39% 0.00% 2,565
    30 18.578% 6.122% 0.844% 0.141% 0.000% 0.000% -19.85% 0.00% 4,263
    29 18.517% 8.487% 1.414% 0.086% 0.043% 0.000% -8.62% 0.00% 6,999
    28 19.369% 7.534% 1.247% 0.153% 0.025% 0.000% -9.77% 0.00% 11,787
    27 18.213% 7.292% 1.373% 0.205% 0.032% 0.000% -12.34% 0.00% 19,008
    26 18.387% 7.224% 1.493% 0.190% 0.030% 0.000% -11.69% 0.00% 29,940
    25 18.459% 7.047% 1.530% 0.173% 0.006% 0.000% -13.26% 0.00% 48,447
    24 18.560% 7.555% 1.377% 0.144% 0.020% 0.000% -11.87% 0.01% 74,934
    23 18.511% 7.367% 1.566% 0.167% 0.011% 0.000% -11.82% 0.01% 113,007
    22 18.407% 7.644% 1.550% 0.156% 0.019% 0.002% -10.66% 0.01% 172,989
    21 18.230% 7.453% 1.516% 0.193% 0.011% 0.001% -12.03% 0.02% 254,877
    20 18.273% 7.870% 1.555% 0.197% 0.014% 0.001% -10.29% 0.03% 373,890
    19 18.400% 7.812% 1.553% 0.193% 0.014% 0.000% -10.38% 0.04% 539,889
    18 18.355% 7.882% 1.631% 0.188% 0.014% 0.000% -9.98% 0.06% 769,560
    17 18.299% 7.973% 1.637% 0.194% 0.012% 0.001% -9.57% 0.09% 1,075,515
    16 18.358% 8.039% 1.660% 0.194% 0.012% 0.001% -9.20% 0.12% 1,490,439
    15 18.235% 8.097% 1.707% 0.196% 0.014% 0.001% -8.96% 0.17% 2,030,547
    14 18.334% 8.180% 1.722% 0.202% 0.015% 0.001% -8.26% 0.23% 2,734,410
    13 18.273% 8.231% 1.745% 0.200% 0.013% 0.000% -8.35% 0.30% 3,637,831
    12 18.298% 8.275% 1.746% 0.212% 0.015% 0.001% -7.88% 0.40% 4,759,408
    11 18.229% 8.337% 1.780% 0.204% 0.016% 0.001% -7.76% 0.51% 6,154,458
    10 18.211% 8.388% 1.785% 0.211% 0.015% 0.001% -7.52% 0.66% 7,867,001
    9 18.134% 8.455% 1.806% 0.211% 0.016% 0.001% -7.40% 0.83% 9,910,342
    8 18.090% 8.547% 1.823% 0.220% 0.016% 0.001% -7.07% 1.03% 12,350,827
    7 18.028% 8.575% 1.832% 0.220% 0.016% 0.001% -7.15% 1.26% 15,166,446
    6 17.989% 8.625% 1.849% 0.222% 0.016% 0.001% -7.03% 1.54% 18,423,024
    5 17.920% 8.691% 1.889% 0.223% 0.016% 0.001% -6.85% 1.84% 22,082,731
    4 17.878% 8.745% 1.895% 0.224% 0.016% 0.001% -6.63% 2.18% 26,116,104
    3 17.791% 8.777% 1.913% 0.226% 0.016% 0.001% -6.78% 2.54% 30,472,208
    2 17.750% 8.819% 1.935% 0.232% 0.017% 0.001% -6.57% 2.92% 35,064,666
    1 17.692% 8.864% 1.952% 0.235% 0.017% 0.001% -6.48% 3.31% 39,706,010
    0 17.621% 8.903% 1.967% 0.236% 0.016% 0.001% -6.45% 3.69% 44,273,741
    -1 17.551% 8.962% 1.992% 0.239% 0.017% 0.001% -6.36% 4.04% 48,474,874
    -2 17.468% 8.988% 2.009% 0.240% 0.017% 0.001% -6.38% 4.35% 52,190,858
    -3 17.410% 9.042% 2.026% 0.244% 0.018% 0.001% -6.27% 4.58% 54,997,370
    -4 17.335% 9.066% 2.044% 0.247% 0.018% 0.001% -6.23% 4.73% 56,797,434
    -5 17.244% 9.116% 2.064% 0.252% 0.018% 0.001% -6.20% 4.78% 57,361,581
    -6 17.277% 9.060% 2.047% 0.246% 0.018% 0.001% -6.43% 22.31% 267,691,750
    -7 17.089% 9.185% 2.102% 0.255% 0.019% 0.001% -6.21% 4.54% 54,480,678
    -8 16.998% 9.234% 2.125% 0.258% 0.019% 0.001% -6.11% 4.27% 51,222,963
    -9 16.931% 9.253% 2.143% 0.260% 0.019% 0.001% -6.16% 3.91% 46,901,763
    -10 16.819% 9.293% 2.159% 0.264% 0.019% 0.001% -6.23% 3.49% 41,930,941
    -11 16.754% 9.334% 2.188% 0.270% 0.019% 0.001% -6.11% 3.03% 36,403,789
    -12 16.605% 9.383% 2.200% 0.270% 0.019% 0.001% -6.30% 2.59% 31,023,546
    -13 16.491% 9.424% 2.233% 0.278% 0.020% 0.001% -6.25% 2.14% 25,711,146
    -14 16.373% 9.468% 2.257% 0.280% 0.021% 0.001% -6.20% 1.74% 20,900,512
    -15 16.259% 9.507% 2.283% 0.287% 0.021% 0.001% -6.27% 1.39% 16,635,835
    -16 16.151% 9.539% 2.304% 0.288% 0.022% 0.001% -6.33% 1.09% 13,077,766
    -17 15.963% 9.600% 2.349% 0.293% 0.022% 0.001% -6.39% 0.84% 10,058,071
    -18 15.843% 9.611% 2.359% 0.305% 0.022% 0.001% -6.53% 0.64% 7,672,363
    -19 15.685% 9.677% 2.398% 0.300% 0.022% 0.001% -6.75% 0.48% 5,767,538
    -20 15.558% 9.723% 2.415% 0.313% 0.021% 0.001% -6.59% 0.36% 4,294,860
    -21 15.392% 9.753% 2.449% 0.315% 0.023% 0.001% -6.71% 0.26% 3,156,690
    -22 15.261% 9.754% 2.460% 0.326% 0.023% 0.001% -7.09% 0.19% 2,294,790
    -23 15.004% 9.827% 2.481% 0.322% 0.021% 0.001% -7.71% 0.14% 1,640,064
    -24 14.963% 9.811% 2.542% 0.313% 0.026% 0.001% -7.22% 0.10% 1,159,989
    -25 14.859% 9.860% 2.551% 0.338% 0.026% 0.000% -7.27% 0.07% 806,820
    -26 14.601% 9.851% 2.595% 0.323% 0.027% 0.001% -7.81% 0.05% 551,535
    -27 14.496% 10.004% 2.565% 0.344% 0.018% 0.002% -7.85% 0.03% 373,893
    -28 14.117% 10.117% 2.648% 0.369% 0.023% 0.001% -7.78% 0.02% 246,894
    -29 13.768% 10.101% 2.680% 0.322% 0.026% 0.000% -9.47% 0.01% 161,088
    -30 13.900% 10.015% 2.667% 0.369% 0.026% 0.000% -8.79% 0.01% 103,251
    -31 14.000% 9.656% 2.772% 0.254% 0.023% 0.000% -10.71% 0.01% 66,021
    -32 13.688% 10.353% 2.643% 0.364% 0.044% 0.000% -7.70% 0.00% 41,205
    -33 12.880% 10.494% 3.003% 0.297% 0.000% 0.000% -11.00% 0.00% 25,272
    -34 13.470% 10.218% 2.794% 0.319% 0.000% 0.000% -10.82% 0.00% 15,033
    -35 13.229% 9.342% 2.932% 0.614% 0.034% 0.000% -7.91% 0.00% 8,799
    -36 11.369% 9.842% 2.602% 0.396% 0.057% 0.000% -15.33% 0.00% 5,304
    -37 12.112% 10.511% 2.903% 0.701% 0.100% 0.000% -3.40% 0.00% 2,997
    -38 14.004% 11.311% 2.154% 0.180% 0.000% 0.000% -10.95% 0.00% 1,671
    -39 14.035% 9.123% 3.509% 0.351% 0.000% 0.000% -8.42% 0.00% 855
    <-39 11.911% 11.634% 3.601% 0.554% 0.000% 0.000% -4.16% 0.00% 1,083
    .

    Hope this helps!

    Dog Hand



  6. #6
    mike havens
    Guest

    mike havens: Re: Second Thoughts...

    Thank-you for all your help. Yes that is the bet I am talking about but I will have to double check to see if the odds are exactly the same.

    Only thing is the dealer has to finish the hand even if the player busts. So the player could still play correct basic or counting strategy rather than standing on stiffs and not splitting etc.

  7. #7
    Dog Hand
    Guest

    Dog Hand: Sorry... it was a joke ;-) *NM*


  8. #8
    Dog Hand
    Guest

    Dog Hand: Third Thoughts...

    mike.havens,

    Only thing is the dealer has to finish the hand even if the player busts. So the player could still play correct basic or counting strategy rather than standing on stiffs and not splitting etc.

    That's good... it makes the sidebet somewhat more valuable than without that proviso. I certainly wasn't advocating using the strategy I employed in the sim. I used it merely to ensure that the dealer did indeed finish her hand, since CVData isn't flexible enough to "know" that the dealer needs to finish her hand even if all the players' hands are already decided.

    Dog Hand

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