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Thread: Biggest EV

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    Biggest EV

    What was your biggest EV in one hand or round, or spin (not necessarily Blackjack game)?

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    ~180% on the hand
    Chance favors the prepared mind

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    I just wanted to send a similar answer.

    The EV on one spin of the roulette wheel is always negative (belongs to the disadvantage forum).

    Regarding Blackjack, the EV depends on the conditions, e.g. if you calculate EV after you got your initial two cards, after your first hit card (if any) etc.

    Examples:

    If you get a natural and the dealer shows no Ace or Ten up, your EV is 150% on that hand.

    Probably the EV is even higher when the dealer shows a 5,6,7,8 or 9,
    you doubled on 11 and drew a Ten to 21, because your chance
    of winning that hand is very large (maybe 90%) and when you win,
    it would be 200%, so EV is about 0.9 x 200% = 180% in this case.
    Last edited by PinkChip; 05-21-2012 at 03:04 PM.

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    Quote Originally Posted by PinkChip View Post
    I just wanted to send a similar answer.

    The EV on one spin of the roulette wheel is always negative (belongs to the disadvantage forum).
    This is not true, but beside the point.

    I assume the OP is asking about the ev before you receive the hand.

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    yes , I thought so too mr. munchkin.

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    Quote Originally Posted by MARILLION View Post
    What was your biggest EV in one hand or round, or spin (not necessarily Blackjack game)?
    I can understand why you posted this hear rather than GC. You'd get a lot of grief there!

    For me, a little over 100%.

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    Highest edge that I can remember: 688%, but sadly the bet was relatively small ($50).

  8. #8
    Senior Member bigplayer's Avatar
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    $6,000, dealer paid a losing double down on a $1500 original wager.

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    iCountNTrack
    "~180% on the hand"

    I understand EV like this: EV = advantage x bet size x # of bets
    So bet size is important too.



    RWM
    "I assume the OP is asking about the ev before you receive the hand."

    Yes I don't know what it would be called if calculated after.
    I was interested also in your data, RWM. :-)



    wookets
    "Highest edge that I can remember: 688%, but sadly the bet was relatively small ($50)."

    So you are saying it was 688% x $50= $344; I guess $50 was the max allowed?



    bigplayer
    "$6,000, dealer paid a losing double down on a $1500 original wager."

    But come on, bigplayer, you didn't expected the dealer to make this error, or did you?
    Plus did you expect your double down opportunity on that hand?

    Last edited by MARILLION; 05-21-2012 at 06:44 PM.

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    Quote Originally Posted by MARILLION View Post

    So you are saying it was 688% x $50= $344; I guess $50 was the max allowed?

    $50 was the max. The play definitely did not have the highest EV I've ever encountered (because of the small bet size), just the highest edge.

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    Quote Originally Posted by wookets View Post
    $50 was the max. The play definitely did not have the highest EV I've ever encountered (because of the small bet size), just the highest edge.
    How many bets/hour with this edge were you able to place?

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    for plays that my lowest 'imposed' expected value is $23.69 i've experienced plays that ranged up to an expected value of $72.68

  13. #13
    Senior Member bigplayer's Avatar
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    Quote Originally Posted by MARILLION View Post
    But come on, bigplayer, you didn't expected the dealer to make this error, or did you?
    Plus did you expect your double down opportunity on that hand?
    Doesn't matter, dealer errors are EV just like a coupon or match play. They're straight expectation with $0 variance.

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