Norm,
Below picture shown 10,000,000 rounds simulation results for a BJ games (with THREE HANDS in a round), the f = rounds, x = total win/loss in a ROUND(not a hand).
Can CVDATA(or other softwares) generate results in that format ?
The purpose to group the results in such format is to allow us to calculate TOTAL VARIANCE in a ROUND.
BJ 3 HANDS.jpg
Thanks
James
Yes. But, total variance is automatically calculated, as well as a rather large number of stats by count. And you can combine stats with hundreds of different formulae with the built in CVSpread Excel like software. Try the demo.
"I don't think outside the box; I think of what I can do with the box." - Henri Matisse
Originally Posted by James989
If you bet the same amount on each of x hands, total variance was first given by Griffin and is also found in BJA3, footnote of page 20. If bets are for different amounts, the formula is more complicated, but I have it if you need it.
Don
In real play, should bet same amount on each hand. Please show me the formula for different bet amount, just for knowledge purposes.
So for a specific 3 hands in a round, the total Var = 6.793(as show in my attached image above), Variance per hand = 6.793/3 = 2.264, bet size per hand = 1.301/2.264 * B = 0.58*B ?
Thanks Don
Last edited by James989; 06-21-2020 at 08:28 PM.
I have CVDATA, which part of the results show the 3 hands data that similar to my results shown in previous picture above ?
see attached image.
cvdata.jpg
You chopped off the bottom. Overall standard deviation is shown. Square it. For variance by TC, Click the down arrow next to Won/Lost then select the True Count Won/Lost table. Variance by TC is in the far right column. For the Kelly optimal bets, click Call CVCX, which will be more accurate than the formula as they take into account rational bet sizes..
"I don't think outside the box; I think of what I can do with the box." - Henri Matisse
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Last edited by Norm; 06-22-2020 at 09:06 AM.
"I don't think outside the box; I think of what I can do with the box." - Henri Matisse
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