"Extreme Progression" Math?

[seriousplayer]

How often in a large sample of blackjack hands would you statistically-speaking expect to see a single long losing streak (disregarding pushes) of 20 hands in a row?

You are asking voodoo questions again. I will give you a voodoo answer. The statistical data that you are looking for is useless!!!! It serve very little purpose. It seem like you have not done much research into the game at all. Take a look at all the useless links posted below. You will be disappointed when you see it.

Martingale Session:

http://www.blackjackincolor.com/useless4.htm

Streaks:
http://www.blackjackincolor.com/useless3.htm

If you are persistently asking voodoo questions I will be persistent to give you a voodoo answer. The approach you are looking at are all unless.

[Martin Gale]

Nobody has answered any thing about how an extreme progression might figure in to the known statistical fact that a player can expect a blackjack about once every 21 hands.

In the chart you pointed too here +

z320Chart.jpg

+notice the bar goes to zero after the 20 hands in a row streak.

Does that not indicate the 21st hand on average being the expected blackjack?

If the extreme progression I am trying too analyze can go beyond that point, cant you see it could mean we are looking at possible long term winning?

The online blackjack site I am talking about that starts with a fraction of a penny bet was also dismissed as impractical to play because winning would be worth less than the electricity used to run a computer, but that is just dumb since remember we are not flat betting the fraction of a penny.

The progression starts from fraction of a penny but goes to several dollars. The average bet actually played could be maybe 50 cents or a dollar or two.

In that case the amount of money won in an hour could be several dollars or maybe much more. Not much for a human player to bother with, yes, but remember again I am talking about setting this up for software robots to play this online casino many hundreds of times per hour.

I do not want to spend the money on developing the software for these robots unless I have some analysis that it might work.

The fact that this kind of answer saying, 'it is not worth the electricity' is what I am getting from all you people still makes me think you guys are not really looking at this the way I am asking, you are all just dismissing it with 'same old voodoo progression' denials, rather than looking at it like maybe there is something here?

Any body got any real thought for me here or are you all incapable of stepping out side the box some times?

And by the way I miss spoke before about the minimum and maximum bet limits on this web site. It starts at a fraction of a penny but goes to about $25,000 at todays exchange rates. So it could be maybe+

.25 cent .5 cent 1 cent 2c 4c 8c 16c 32c 64c $1.50 $3 $6 $12 $25 $50 $125 $250 $500 $1K $2K $4K $8K $16K

That is 23 steps. Extreme Progression but runs past 21st hand expected blackjack at only the $4000 point.

[Mr. White]

"Expected" over a course of hands never ever equates to "due". You're going to plan on risking 16K to lock in a quarter profit?

[Mr. White]

Any body got any real thought for me here or are you all incapable of stepping out side the box some times?

Spend some time at this site. http://theflatearthsociety.org/forum...0#.UuROtp_n_qA

Come on, give it a fair chance. Listen hard to what they have to say. Don't deny yourself a higher understanding because you're afraid to step outside that box...

[Three]

+notice the bar goes to zero after the 20 hands in a row streak.

The win streak bar hits 0 not the losing streak bar.It doesn't matter how long the martingale you will lose it all eventually and the mathe says over time you will lose more than if you flat bet. The length of the martingale only increases your expected overall loss as it increases. It has been proven over and over again. In case you still think your questions hasn't been answered even though it has been many times. Extreme progression ending in a blackjack has no effect on the math.

[Martin Gale]

You're going to plan on risking 16K to lock in a quarter profit?

Look I get what you are saying but NO that is not the point.

First maybe it does not have to go to 16K since the 21st hand might be only at 4K point or there abouts.

Second NO it is not to lock in a .25 cent profit, it is to achieve a few dollars per minute regularly repeating recurring profit. A quarter after a quarter after a quarter after a quarter and you know eventually maybe that **** starts to add up, huh?

If it might add up to $50 or $60 an hour or more, as return on investment for total bankroll at risk of maybe only $4K-$8K it does not look like too bad a deal now, does it?

Maybe comparable to risk and ROI (also risk of ruin) of putting the money in with a blackjack cardcounting team?

Can any one do any thing decent these days any more with only a 4K bankroll?

There are no decent $1 games left anywhere in the country.

Just sayin'

[Norm]

Does that not indicate the 21st hand on average being the expected blackjack?

NO. The probability is nearly the same. This is called the "fallacy of the maturity of chances". See https://en.wikipedia.org/wiki/Gambler's_fallacy

[Bodarc]

Norm

Would you mind defining the symbols in the first equation. The symbol resembling a croquet wicket and the pi looking symbol.

Thanks

[DBJT]

This conversation is fairly ridiculous and I think Martin Gale is never gonna get it (kudos to those of you who are valiantly trying anyway) but an online casino that really accepts any bet size from half a cent to thousands of dollars (??) might be interesting... just to fool around with, for beginners practicing basic strategy, stuff like that.

That is, IF it really exists?

Does anyone know where this actually is? Or, Martin, care to clue us in? Or do you still think it's some secret goldmine and you need to keep it to yourself? LOL

-DBJT

[Norm]

Norm

Would you mind defining the symbols in the first equation. The symbol resembling a croquet wicket and the pi looking symbol.

Thanks

The croquet symbol is set intersection. The capital pi is the product of a sequence.

The little red/blue animate sim on the right-hand side is a clever display of the law of large numbers.

[Bodarc]

Thanks Norm

[Martin Gale]

OK you guys, I get it anyway and will abandon this thread now.

I do not want to reveal where this site is just in case it is a mistake on the part of the site operators that they are allowing such a huge progression spread. It is a site not denominated in US Dollars but it is pretty easy to get funds in and out of it anyway if you know how to do it.

If anyone wants to know where it is send me a private message here with your email and I will consider emailing you the info privately but only for those willing to take it seriously.

For whatever it is worth to you guys, I have been playing this site casually just a few hours so far and over all I am winning about $100 now starting only with $50 and using the sub-penny starting bet.

I have never risked more than about $25 on any one bet so far (.25¢ .5¢ 1¢ 2¢ 4¢ 8¢ 16¢ 32¢ 64¢ $1.50 $3 $6 $12 $24 progression has not failed yet).

Yeah may be it won't last but so far so good. But if I ever hit the wall on this site I will let you guys know, fingers crossed, ha ha.

[21gunsalute]

OK you guys, I get it anyway and will abandon this thread now.

I do not want to reveal where this site is just in case it is a mistake on the part of the site operators that they are allowing such a huge progression spread. It is a site not denominated in US Dollars but it is pretty easy to get funds in and out of it anyway if you know how to do it.

If anyone wants to know where it is send me a private message here with your email and I will consider emailing you the info privately but only for those willing to take it seriously.

For whatever it is worth to you guys, I have been playing this site casually just a few hours so far and over all I am winning about $100 now starting only with $50 and using the sub-penny starting bet.

I have never risked more than about $25 on any one bet so far (.25¢ .5¢ 1¢ 2¢ 4¢ 8¢ 16¢ 32¢ 64¢ $1.50 $3 $6 $12 $24 progression has not failed yet).

Yeah may be it won't last but so far so good. But if I ever hit the wall on this site I will let you guys know, fingers crossed, ha ha.

No, I don't think you do get it. I'm not impressed that your progression hasn't failed yet. Give it enough time and it surely will. How much money have you won and how much have you won relative to your total bets?