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Thread: Blackjack Terms you are confused about?

  1. #27
    Random number herder Norm's Avatar
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    Variance per TC is only useful in creating optimal bets. It must be simmed.
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

  2. #28


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    Quote Originally Posted by Norm View Post
    Variance per TC is only useful in creating optimal bets. It must be simmed.
    Let us consider a typical 6-deck game of TC probability of 27%/10%/5%/3%/2% at the TC of 0/1/2/3/4/5 respectively. What is the variance as the function of TC?

  3. #29
    Random number herder Norm's Avatar
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    There is no function. It must be simmed and is non-linear. Also, player advantage by TC is not linear and must be simmed. 0/0.5/1.0/1.5/2.0/2.5% is just a very rough back of the envelope estimate.
    "I don't think outside the box; I think of what I can do with the box." - Henri Matisse

  4. #30


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    Quote Originally Posted by Norm View Post
    There is no function. It must be simmed and is non-linear. Also, player advantage by TC is not linear and must be simmed. 0/0.5/1.0/1.5/2.0/2.5% is just a very rough back of the envelope estimate.
    Very nice of you. This help me get some feeling about variance.

  5. #31


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    Quote Originally Posted by aceside View Post
    Very nice of you. This help me get some feeling about variance.
    One can only wonder what you're going to do with the chapter 10 charts of BJA3.

    Don

  6. #32


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    Quote Originally Posted by DSchles View Post
    One can only wonder what you're going to do with the chapter 10 charts of BJA3.

    Don
    I will read it and will come up more questions for you for sure. Thank you.

  7. #33


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    Quote Originally Posted by aceside View Post
    I will read it and will come up more questions for you for sure. Thank you.
    You need to read the intro to the chapter first to get a more clear picture, especially all the terms and the full descriptions.

  8. #34


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    Quote Originally Posted by BoSox View Post
    You need to read the intro to the chapter first to get a more clear picture, especially all the terms and the full descriptions.
    Reading is important but I really hope to have a buddy to collaborate with me.

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