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Thread: Average bet for winning versus loosing hands

  1. #1


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    Average bet for winning versus loosing hands

    I was looking at my cv data, downloaded into spreadsheets. It looks like using data downloaded into spreadsheet, when I look at the average bet per winning hand over about 40k hands and the average bet per loosing hand I don't see what I was expecting for difference. My Av bet per winning hand was 68.65 and loosing hand was 68.29. Using a a 25/50/100/200/400 ramp with 25 being TC less than 1 and the remaining levels as indicated for through 4 and above using HILO ill18/fab 4 H17/RAS/DAS/Surr/. I was surprised I didn't see a higher differntation between average bets on winning hand versus loosing hands, even though it was only a small amount of data. It does look like I have a higher win per win than I do a lose per loss, which is to say that when I won, I won $80.82 and when I lost I lost $68.65.

    I'm assuming that the numbers are so close due to small sample size. Anyone out there with Don or Norm brain power that can comment on whether you would expect to see a higher average bet on winning hands when looking at data retrospectively and what that differntial might look like. Or does the money come not from predicitng a higher percentage of winning hands when betting up but from placing a higher bet when there is a greater likelyhood of a successful double or blackjack? Meaning that we aren't winning a hgher percentage of hands in high counts, we are winning a higher amount when we win? .

    Be kind in your comments.
    Oneoff


    I'm not a bad player... I just play cover on every hand!

  2. #2


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    I'll be kind in my comments except for one: spell it "losing" not "loosing."

    "Or does the money come not from predicting a higher percentage of winning hands when betting up but from placing a higher bet when there is a greater likelyhood [likelihood] of a successful double or blackjack?"

    The latter. In a shoe game, excluding ties, which I assume you did, you don't win more resolved hands than you lose until the TC = +5. Since that doesn't happen more than 2.5% of the time, you can expect that your average wager on a losing hand isn't going to look much different from that of a winning hand. But, when you win, those hands include naturals, doubles, and splits, and so the average win will be higher than the average loss.

    Clear?

    Don

  3. #3


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    Ok, clear. Thanks Don, there was a reason I wanted your brain power.

    I will take care to use spell check next time, so I won't come off like such a LOOSER [SIC]. LOL.
    Last edited by Oneoffthecount; 05-14-2015 at 02:37 PM.
    Oneoff


    I'm not a bad player... I just play cover on every hand!

  4. #4
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    Quote Originally Posted by DSchles View Post
    I'll be kind in my comments except for one: spell it "losing" not "loosing."
    Don
    What if you are losing REALLY big? During those times I think it's ok, to say "looooosing".

  5. #5


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    Nope, if you're really losing big, you're LOSING!

    Don

  6. #6
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    Quote Originally Posted by DSchles View Post
    Nope, if you're really losing big, you're LOSING!

    Don
    Very good Don.

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    Hey your bet ramp is exactly what mine is. We're bet ramp twins!

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    ... " dealer sez " you are obviously counting! " i replied " How else am i gonna win ,as i place my max bets after about 40 cards are dealt and the rc is about 6 ! " Don't you wish you had that kind of dealer working at the casino you are playing?

  9. #9
    Senior Member bigplayer's Avatar
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    Love those lose slots

  10. #10


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    Quote Originally Posted by Tthree View Post
    a much more clear a concise manner
    I think that is "clear and concise manner" LOL
    Luck is nothing more than probability taken personally!

  11. #11


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    "I think that is "clear and concise manner" LOL "

    But his way was more concise!

    Don

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    Senior Member Tarzan's Avatar
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    This is going to sound dorky but I was a spelling bee champion sort of guy back in school and I've always taken pride in using proper spelling and punctuation although I will often use local slang. A couple of years back DonS corrected me on a misspelling. I was alarmed and it bothered me to have made a mistake but at the same time I was thrilled that one of my blackjack heroes acknowledged me at all or was looking at something I'd written, negative or not! I was thinking back to years before that when I sent Arnold Snyder an email talking about the trajectory I was taking and what I was doing with DHM/Gordon groupings but never heard anything back, so however negative, I was thrilled about DonS correcting my spelling!!!Hahaha
    Last edited by Tarzan; 05-19-2015 at 05:04 AM.

  13. #13


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    Thanks, Tarzan. And, look at you now: you've surpassed us all! :-)

    Don

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