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Thread: Does the house worry about card-counters who are losing?

  1. #14


    1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by aceside View Post
    People are different. Personalities are different too. He probably was not bold in real gambling because I read saying he was a shy guy.
    You really have to stop. You've reached a point where, totally and completely ignorant on a subject, you will write anything just to hear yourself talk. Griffin not totally confident in his own math and theory???!!! Peter was and remains to this day the foremost theoretical mathematician on the game of blackjack the world has ever seen. Your statement is profoundly ignorant.

    And he was NOT a losing player! He played for small stakes and surely played a fine winning game. He simply had no desire to play for higher stakes and, therefore, his wins were modest.

    You would do yourself and this forum a huge favor if you wouldn't speculate in areas about which you know absolutely nothing whatsoever. Why not just be quiet? As the well-known saying goes: "Better to remain silent and be thought a fool than to speak and remove all doubt."

    Don
    Last edited by DSchles; 05-06-2021 at 10:24 AM.

  2. #15


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    Lol...100

  3. #16


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    Not +1….
    +millions !

  4. #17


    1 out of 1 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by aceside View Post
    BTW, what is N0? What is N0 for a 8 deck game as opposed to a 6 deck game?
    N0 (N-Zero) is the number of rounds of play required for your expected result (EV) to equal one standard deviation. Its value depends on all of the rules and conditions of the game you are playing (not just the number of decks) as well as your betting strategy.

  5. #18
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    Quote Originally Posted by Gronbog View Post
    N0 (N-Zero) is the number of rounds of play required for your expected result (EV) to equal one standard deviation. Its value depends on all of the rules and conditions of the game you are playing (not just the number of decks) as well as your betting strategy.
    I recently studied a little more about match play coupons online and found out that you were mostly correct on this issue. The best casino odd for match play coupons is the Baccarat Banker bet, which gives about 49.32% expected return. I used a lot of match play coupon on blackjack because that casino allowed me to keep them when surrendering.

  6. #19
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    Quote Originally Posted by DSchles View Post
    As the well-known saying goes: "Better to remain silent and bethought a fool than to speak and remove all doubt."
    I will refrain from posting baseless claims and I will take a break.

  7. #20


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    Quote Originally Posted by aceside View Post
    I recently studied a little more about match play coupons online and found out that you were mostly correct on this issue. The best casino odd for match play coupons is the Baccarat Banker bet, which gives about 49.32% expected return.
    I never said that nor did Grosjean. You can do much better on match play than that.
    Quote Originally Posted by aceside View Post
    I will refrain from posting baseless claims and I will take a break.
    Said immediately after posting a baseless claim.

  8. #21
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    Quote Originally Posted by Gronbog View Post
    I never said that nor did Grosjean. You can do much better on match play than that.
    The Wizard of Odds said that the best casino odd for match play coupons is the Baccarat Banker bet, which gives about 49.32% expected return. Of course this is for even money payout and for non card counters. For card counters, this issue becomes more complicated, but blackjack probably is not the best.

  9. #22


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    Re-read Grosjean. While it's possible that Baccarat is the best option available to you at your casino, there are still much better bets for match play even for "even money" bets. You're right that blackjack is rarely the best option.

  10. #23


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    Quote Originally Posted by aceside View Post
    I used a lot of match play coupon on blackjack because that casino allowed me to keep them when surrendering.
    Whoa! That’s a huge edge, assuming you surrender any and all losing hands. Did you attack it like that? Even with that edge, you may have been better off with something higher variance like a single roulette number.

  11. #24
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    Quote Originally Posted by Gronbog View Post
    N0 (N-Zero) is the number of rounds of play required for your expected result (EV) to equal one standard deviation. Its value depends on all of the rules and conditions of the game you are playing (not just the number of decks) as well as your betting strategy.
    I find the N0 value does not make any sense, at lease in the following two cases. If the blackjack rules are the same Hit-17, No DAS, and No Surrender, and a player uses the basic strategy to bet flat one unit, consider the following two cases:

    For 6-deck, EV=-0.787%, variance=1.308, SD=1.1437, N0=Variance/EV^2=21,116.
    For 8-deck, EV=-0.812%, variance=1.309, SD=1.1441, N0=Variance/EV^2=19,853.

    Does this mean that in the 8-deck case, you need to play fewer hands to reach you goal of one SD? Perhaps you mean that the N0 index is only useful when EV>0? Or when the player is counting cards?

  12. #25
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    Quote Originally Posted by Optimus Prime View Post
    Whoa! That’s a huge edge, assuming you surrender any and all losing hands. Did you attack it like that? Even with that edge, you may have been better off with something higher variance like a single roulette number.
    I was backed off for using these coupons on blackjack. It was not wise.

  13. #26


    2 out of 2 members found this post helpful. Did you find this post helpful? Yes | No
    Quote Originally Posted by aceside View Post
    I find the N0 value does not make any sense, at lease in the following two cases. If the blackjack rules are the same Hit-17, No DAS, and No Surrender, and a player uses the basic strategy to bet flat one unit, consider the following two cases:

    For 6-deck, EV=-0.787%, variance=1.308, SD=1.1437, N0=Variance/EV^2=21,116.
    For 8-deck, EV=-0.812%, variance=1.309, SD=1.1441, N0=Variance/EV^2=19,853.

    Does this mean that in the 8-deck case, you need to play fewer hands to reach you goal of one SD? Perhaps you mean that the N0 index is only useful when EV>0? Or when the player is counting cards?
    Like the Kelly Criterion and SCORE, N0 only has meaning for positive-expectation games. Playing BS and flat betting, you have no "goal" other than to play as slowly as you can to avoid ultimately going broke.

    Don

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