They also reach N0 a hell of a lot quicker than we could ever wish.Originally Posted by DiceDealer
If all of us could win $300 a day using your system, we wouldn't be here!
Past outcomes normally don't affect future outcomes, but since the cards aren't shuffled after each hand, it's possible to track which cards have been played and calculate the probability of winning.
Last edited by alwayssplitaces; 09-17-2012 at 09:12 PM.
That only applies to events that are truly random, such as a roll of the dice or a flip of the coin. Because you can track the cards that have been dealt results become predictable to an extent. You can determine with accuracy the potential outcome thus reducing randomness. In the instance of progression betting, it's essentially the same as playing a shoe that has 1000 decks and after each hand all the cards are shuffled back together. You are assuming that since you lost X hands in a row that statistically you are "due" to win although that isn't the case. The house edge is a system that can be defined in entropy. Playing one hand for every ten hands that are dealt is only going mean that the entropy takes place over a scale ten times as long.
They don't reach it quicker per se (i.e. in terms of hands played). They just play several times as many hands as we do, multiplied by dozens of times as many tables as we're capable of playing.
I'm guessing (because I can't find a good explanation) that N0 refers to 'getting into the long run', or the point at which variance no longer swamps the average?
"Wait a minute. How do you beat someone to death with their own skull? That doesn't seem physically possible." "That's what Jimmy kept screaming: 'This doesn't seem physically possible!'"
I put quotes around "end" because there really isn't an end to the long run.Sort of; N0 is the number of hands required to overcome 1 standard deviation. Unfortunately, sometimes the 'long run' is longer than that.
Basically, number of hands need to approximately "get there"
I suspect that a casino's N0, when measured in rounds, and at blackjack only, is higher than ours. I believe this is the case because the bet spread a casino encounters is much larger than than what an individual counter plays. The next factor depends entirely on what the average house edge is experienced across all players. This is probably where my argument falls apart. If the casino has a smaller advantage than a counter, that's another way their N0 would be larger.
They play like a team of hundreds of counters maybe thousands. If you measure a round as 1 dealer hand dealt at all open tables a big casinos during a busy time will get in hundreds of hands per round and the way most people play or should I say misplay their edge is much higher than ours.
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