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Whenever this calculation comes up I always think someone is trying to assess the potential of the Martingale System which we all know eventually fails.
Try this: Given a certain amount of hands played let the number of expected winning hands be "x" and the number of expected losing hands be "y".
Therefore, not counting ties, the chance of losing a hand is y/(x+y) expressed as a percentage.
To calculate the chance of losing 8 hands in a row you need to decimalise the percentage and raise it to the power of 8 and then express the answer as a fraction.
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