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Thread: Surrendering reduces variance

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    Surrendering reduces variance

    Don has mentioned in older posts that if played optimally late surrender decease variance. By sim I noticed that using full surrendering indices also decreases the N0 but not by much. Given the fact that surrendering decreases variance and decrease N0 does it change the magnitude of losing streaks? Assuming you are playing a six deck S17 DAS, LS penetrate 83%. Could the variance be offset by the increase of deck penetration?

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    Quote Originally Posted by seriousplayer View Post
    " ... surrendering decreases variance and decrease N0 does it change the magnitude of losing streaks?"
    Yes it does. The volatility of your results is nicely reduced.

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    Quote Originally Posted by seriousplayer View Post
    Given the fact that surrendering decreases variance and decrease N0 does it change the magnitude of losing streaks?
    Yes.
    Quote Originally Posted by seriousplayer View Post
    Assuming you are playing a six deck S17 DAS, LS penetrate 83%. Could the variance be offset by the increase of deck penetration?
    Once late surrender is a given SCORE tells the tale here which means the decrease in N0 tells the tale. Significant lowering of the ratio of SD to EV will help. If you took the inverse, maximize the ratio of EV to SD, you have the square root of SCORE. SCORE makes the ratio linear rather that exponential which makes the comparison make more intuitive. N-zero is 1,000,000/SCORE. The reduction of n0 is a linear relationship that is the inverse of SCORE times 1,000,000 rounds. Let's look at the difference between Hilo, Hiopt2/ASC and at about the same RoR as Hilo optimally bet Hiopt2/ASC which shows the extremes of balanced counts for betting accuracy. When you talk about losing streaks you are talking about the short term so we will look at 3,000 round trips (Chosen to make -0.5 SD EV ~0) to make the math easy and keep bets the same for both counts. We will assume a normal bell curve for both sets of results. It is an incorrect assumption but a good approximation:

    6deck/1 cut off, S17, DAS, LS, 2x10 to 2x120 playall, 10K BR
    1) Hilo full indices (8.8% RoR): Win rate/100 rounds $66.91, SD/100 rounds $742.62, c-SCORE 81.17, n0 12318, CE $39.33
    Trip EV (3000 rounds) $2007.30, Trip SD (multiply SD/100 by sq root of 30) $4,067.50
    SD/EV 2.0264

    2) Hiopt/ASC full indices (7.0% RoR): Win rate/100rounds $70.66, SD/100 rounds $729.94, c-SCORE 93.69, n0 10675, CE $44.00
    Trip EV (3000 rounds) $2,119.80, Trip SD (multiply SD/100 by sq root of 30) $3,998.05
    SD/EV 1.886

    3)Optimally bet Hiopt2/ASC (8.9% RoR, 2x11 to 2x132 bet spread): Win rate/100rounds $77.62, SD/100 rounds $801.90, c-SCORE 93.69, n0 10674, CE $45.47
    Trip EV (3000 rounds) $2,328.60, Trip SD (multiply SD/100 by sq root of 30) $4,392.19
    SD/EV 1.886

    The results at various SD increments and the percentage for the defined range.
    -3 trip SD:
    Hilo:....... -$10,195.20
    Ho2/ASC: -$9,874.35
    Opt H2/A: -$10,847.97

    -2.5 trip SD:
    Hilo:....... -$8,161.45; (Trip results from -$10,195.20 to -$8,161.45 happens 0.5% of trips)
    Ho2/ASC: -$7,875.33; (Trip results from -$9,874.35 to -$7,875.33 happens 0.5% of trips)
    Opt H2/A: -$8,651.88; (Trip results from -$10,847.97 to -$8,651.88 happens 0.5% of trips)


    -2 trip SD:
    Hilo:....... -$6,127.70; (Trip results from -$8,161.45 to -$6,127.70 happens 1.7% of trips)
    Ho2/ASC: -$5,876.30; (Trip results from -$7,875.33 to -$5,876.30 happens 1.7% of trips)
    Opt H2/A: -$6,455.78; (Trip results from -$8,651.88 to -$6,455.78 happens 1.7% of trips)

    -1.5 trip SD:
    Hilo:....... -$4,093.95; (Trip results from -$6,127.70 to -$4,093.95 happens 4.4% of trips)
    Ho2/ASC: -$3,877.28; (Trip results from -$5,876.30 to -$3,877.28 happens 4.4% of trips)
    Opt H2/A: -$4,259.69; (Trip results from -$6,455.78 to -$4,259.69 happens 4.4% of trips)

    -1 trip SD:
    Hilo:....... -$2,060.20; (Trip results from -$4,093.95 to -$2,060.20 happens 9.2% of trips)
    Ho2/ASC: -$1,878.25; (Trip results from -$3,877.28 to -$1,878.25 happens 9.2% of trips)
    Opt H2/A: -$2,063.59; (Trip results from -$4,259.69 to -$2,062.59 happens 9.2% of trips)

    -0.5 trip SD:
    Hilo:........ -$26.45; (Trip results from -$2,060.20 to -$26.45 happens 15.0% of trips)
    Ho2/ASC: $120.78; (Trip results from -$1,878.25 to +$120.78 happens 15.0% of trips)
    Opt H2/A: $132.51; (Trip results from -$2,063.59 to +$132.51 happens 15.0% of trips)

    0 trip SD:
    Hilo:....... $2,007.30; (Trip results from -$26.45 to +$2,007.30 happens 19.1% of trips)
    Ho2/ASC: $2,119.80; (Trip results from $120.78 to $2,117.80 happens 19.1% of trips)
    Opt H2/A: $2,328.60; (Trip results from $132.51 to $2,328.60 happens 19.1% of trips)

    +0.5 trip SD:
    Hilo:....... $4,041.05; (Trip results from $2,007.05 to $4,041.05 happens 19.1% of trips)
    Ho2/ASC: $4,118.25; (Trip results from $2,119.80 to $4,118.25 happens 19.1% of trips)
    Opt H2/A: $4,524.70; (Trip results from $2,328.60 to $4,524.70 happens 19.1% of trips)

    +1.0 trip SD:
    Hilo:....... $6,074.80; (Trip results from $4,041.05 to $6,074.80 happens 15.0% of trips)
    Ho2/ASC: $6,117.85; (Trip results from $4,118.25 to $6,117.85 happens 15.0% of trips)
    Opt H2/A: $6,720.79; (Trip results from $4,524.70 to $6,720.79 happens 15.0% of trips)

    +1.5 trip SD:
    Hilo:....... $8,108.55; (Trip results from $6,074.80 to $8,108.55 happens 9.2% of trips)
    Ho2/ASC: $8,116.88; (Trip results from $6,117.85 to $8,116.88 happens 9.2% of trips)
    Opt H2/A: $8,916.89; (Trip results from $6,720.79 to $8,916.89 happens 9.2% of trips)

    +2.0 trip SD:
    Hilo:....... $10,142.30; (Trip results from $8,108.55 to $10,142.30 happens 4.4% of trips)
    Ho2/ASC: $10,115.90; (Trip results from $8,116.88 to $10,115.90 happens 4.4% of trips)
    Opt H2/A: $11,112.98; (Trip results from $8,916.89 to $11,112.98 happens 4.4% of trips)

    +2.5 trip SD:
    Hilo:....... $12,176.05; (Trip results from $10,142.30 to $12,176.05 happens 1.7% of trips)
    Ho2/ASC: $12,114.93; (Trip results from $10,115.90 to $12,114.93 happens 1.7% of trips)
    Opt H2/A: $13,309.08; (Trip results from $11,112.98 to $13,309.08 happens 1.7% of trips)

    +3.0 trip SD:
    Hilo:....... $14,209.80; (Trip results from $12,176.05 to $14,209.80 happens 0.5% of trips)
    Ho2/ASC: $14,113.95; (Trip results from $12,114.93 to $14,113.95 happens 0.5% of trips)
    Opt H2/A: $15,505.17; (Trip results from $13,309.08 to $15,505.17 happens 0.5% of trips)

    What you have to do for each system is see the likelihood of the losses and their magnitude and the likelihood of what would surround it and their amount won or lost. With the same bets you can see a small difference in ranges and small shift in each range into the positive except for the rare largest wins which are slightly higher ranges for Hilo. It will make a small difference in swings but not enough for you to notice much. By going to optimal bets at about the same RoR for Ho2/ASC the wins are larger but so are the losses but to a lesser degree. For both Hiopt/ASC approaches the trip win percentage is about 70%. For Hilo the trip win percentage is about 68%. If you take the gain from switching as reduced RoR the losses are always less for Hopt2/ASC compared to Hilo. If you bet optimally the swings are greater but negative swings are corrected for faster. Without going beyond traditional counts swing control is modest. Small changes in likelihood to win or lose and modest changes in amounts won or lost. As you can see the biggest change for amount of win or loss is optimally bet Hiopt2/ASC. But if you are losing your hands losses will be greater than Hilo so the answer for that is it will make losing streaks have a higher magnitude but recovery will be more likely to come sooner and it should take less time. Also you are more likely to be posting large wins before the losing streak happened. The increased likelihood of a losing streak being surrounded by large wins can ease the pain when they happen.

    Most people including me often misuse the term variance. I will address swings which I think is what you are referring to rather than variance. Deeper pen will cause larger swings. That includes downswings.
    Last edited by Three; 09-20-2016 at 08:10 AM.

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    Control shift F5

  5. #5
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    Quote Originally Posted by Tthree View Post
    Yes.

    Once late surrender is a given SCORE tells the tale here which means the decrease in N0 tells the tale. Significant lowering of the ratio of SD to EV will help. If you took the inverse, maximize the ratio of EV to SD, you have the square root of SCORE. SCORE makes the ratio linear rather that exponential which makes the comparison make more intuitive. N-zero is 1,000,000/SCORE. The reduction of n0 is a linear relationship that is the inverse of SCORE times 1,000,000 rounds. Let's look at the difference between Hilo, Hiopt2/ASC and at about the same RoR as Hilo optimally bet Hiopt2/ASC which shows the extremes of balanced counts for betting accuracy. When you talk about losing streaks you are talking about the short term so we will look at 3,000 round trips (Chosen to make -0.5 SD EV ~0) to make the math easy and keep bets the same for both counts. We will assume a normal bell curve for both sets of results. It is an incorrect assumption but a good approximation:

    6deck/1 cut off, S17, DAS, LS, 2x10 to 2x120 playall, 10K BR
    1) Hilo full indices (8.8% RoR): Win rate/100 rounds $66.91, SD/100 rounds $742.62, c-SCORE 81.17, n0 12318, CE $39.33
    Trip EV (3000 rounds) $2007.30, Trip SD (multiply SD/100 by sq root of 30) $4,067.50
    SD/EV 2.0264

    2) Hiopt/ASC full indices (7.0% RoR): Win rate/100rounds $70.66, SD/100 rounds $729.94, c-SCORE 93.69, n0 10675, CE $44.00
    Trip EV (3000 rounds) $2,119.80, Trip SD (multiply SD/100 by sq root of 30) $3,998.05
    SD/EV 1.886

    3)Optimally bet Hiopt2/ASC (8.9% RoR, 2x11 to 2x132 bet spread): Win rate/100rounds $77.62, SD/100 rounds $801.90, c-SCORE 93.69, n0 10674, CE $45.47
    Trip EV (3000 rounds) $2,328.60, Trip SD (multiply SD/100 by sq root of 30) $4,392.19
    SD/EV 1.886

    The results at various SD increments and the percentage for the defined range.
    -3 trip SD:
    Hilo:....... -$10,195.20
    Ho2/ASC: -$9,874.35
    Opt H2/A: -$10,847.97

    -2.5 trip SD:
    Hilo:....... -$8,161.45; (Trip results from -$10,195.20 to -$8,161.45 happens 0.5% of trips)
    Ho2/ASC: -$7,875.33; (Trip results from -$9,874.35 to -$7,875.33 happens 0.5% of trips)
    Opt H2/A: -$8,651.88; (Trip results from -$10,847.97 to -$8,651.88 happens 0.5% of trips)


    -2 trip SD:
    Hilo:....... -$6,127.70; (Trip results from -$8,161.45 to -$6,127.70 happens 1.7% of trips)
    Ho2/ASC: -$5,876.30; (Trip results from -$7,875.33 to -$5,876.30 happens 1.7% of trips)
    Opt H2/A: -$6,455.78; (Trip results from -$8,651.88 to -$6,455.78 happens 1.7% of trips)

    -1.5 trip SD:
    Hilo:....... -$4,093.95; (Trip results from -$6,127.70 to -$4,093.95 happens 4.4% of trips)
    Ho2/ASC: -$3,877.28; (Trip results from -$5,876.30 to -$3,877.28 happens 4.4% of trips)
    Opt H2/A: -$4,259.69; (Trip results from -$6,455.78 to -$4,259.69 happens 4.4% of trips)

    -1 trip SD:
    Hilo:....... -$2,060.20; (Trip results from -$4,093.95 to -$2,060.20 happens 9.2% of trips)
    Ho2/ASC: -$1,878.25; (Trip results from -$3,877.28 to -$1,878.25 happens 9.2% of trips)
    Opt H2/A: -$2,063.59; (Trip results from -$4,259.69 to -$2,062.59 happens 9.2% of trips)

    -0.5 trip SD:
    Hilo:........ -$26.45; (Trip results from -$2,060.20 to -$26.45 happens 15.0% of trips)
    Ho2/ASC: $120.78; (Trip results from -$1,878.25 to +$120.78 happens 15.0% of trips)
    Opt H2/A: $132.51; (Trip results from -$2,063.59 to +$132.51 happens 15.0% of trips)

    0 trip SD:
    Hilo:....... $2,007.30; (Trip results from -$26.45 to +$2,007.30 happens 19.1% of trips)
    Ho2/ASC: $2,119.80; (Trip results from $120.78 to $2,117.80 happens 19.1% of trips)
    Opt H2/A: $2,328.60; (Trip results from $132.51 to $2,328.60 happens 19.1% of trips)

    +0.5 trip SD:
    Hilo:....... $4,041.05; (Trip results from $2,007.05 to $4,041.05 happens 19.1% of trips)
    Ho2/ASC: $4,118.25; (Trip results from $2,119.80 to $4,118.25 happens 19.1% of trips)
    Opt H2/A: $4,524.70; (Trip results from $2,328.60 to $4,524.70 happens 19.1% of trips)

    +1.0 trip SD:
    Hilo:....... $6,074.80; (Trip results from $4,041.05 to $6,074.80 happens 15.0% of trips)
    Ho2/ASC: $6,117.85; (Trip results from $4,118.25 to $6,117.85 happens 15.0% of trips)
    Opt H2/A: $6,720.79; (Trip results from $4,524.70 to $6,720.79 happens 15.0% of trips)

    +1.5 trip SD:
    Hilo:....... $8,108.55; (Trip results from $6,074.80 to $8,108.55 happens 9.2% of trips)
    Ho2/ASC: $8,116.88; (Trip results from $6,117.85 to $8,116.88 happens 9.2% of trips)
    Opt H2/A: $8,916.89; (Trip results from $6,720.79 to $8,916.89 happens 9.2% of trips)

    +2.0 trip SD:
    Hilo:....... $10,142.30; (Trip results from $8,108.55 to $10,142.30 happens 4.4% of trips)
    Ho2/ASC: $10,115.90; (Trip results from $8,116.88 to $10,115.90 happens 4.4% of trips)
    Opt H2/A: $11,112.98; (Trip results from $8,916.89 to $11,112.98 happens 4.4% of trips)

    +2.5 trip SD:
    Hilo:....... $12,176.05; (Trip results from $10,142.30 to $12,176.05 happens 1.7% of trips)
    Ho2/ASC: $12,114.93; (Trip results from $10,115.90 to $12,114.93 happens 1.7% of trips)
    Opt H2/A: $13,309.08; (Trip results from $11,112.98 to $13,309.08 happens 1.7% of trips)

    +3.0 trip SD:
    Hilo:....... $14,209.80; (Trip results from $12,176.05 to $14,209.80 happens 0.5% of trips)
    Ho2/ASC: $14,113.95; (Trip results from $12,114.93 to $14,113.95 happens 0.5% of trips)
    Opt H2/A: $15,505.17; (Trip results from $13,309.08 to $15,505.17 happens 0.5% of trips)

    What you have to do for each system is see the likelihood of the losses and their magnitude and the likelihood of what would surround it and their amount won or lost. With the same bets you can see a small difference in ranges and small shift in each range into the positive except for the rare largest wins which are slightly higher ranges for Hilo. It will make a small difference in swings but not enough for you to notice much. By going to optimal bets at about the same RoR for Ho2/ASC the wins are larger but so are the losses but to a lesser degree. For both Hiopt/ASC approaches the trip win percentage is about 70%. For Hilo the trip win percentage is about 68%. If you take the gain from switching as reduced RoR the losses are always less for Hopt2/ASC compared to Hilo. If you bet optimally the swings are greater but negative swings are corrected for faster. Without going beyond traditional counts swing control is modest. Small changes in likelihood to win or lose and modest changes in amounts won or lost. As you can see the biggest change for amount of win or loss is optimally bet Hiopt2/ASC. But if you are losing your hands losses will be greater than Hilo so the answer for that is it will make losing streaks have a higher magnitude but recovery will be more likely to come sooner and it should take less time. Also you are more likely to be posting large wins before the losing streak happened. The increased likelihood of a losing streak being surrounded by large wins can ease the pain when they happen.

    Most people including me often misuse the term variance. I will address swings which I think is what you are referring to rather than variance. Deeper pen will cause larger swings. That includes downswings.
    Is that a yes or a no? J/K, yut da hey T3, people giving you grief about long posts can take that!

  6. #6
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    The post itself isn't that long. It just has some statistics that take up a lot of space. You can see the symmetry of distribution of outcomes and the ranges of outcomes. I think each of the 3 makes it rather obvious what to expect in the way of swings and how they differ. You just have to think about it some. That is why I spent the time and trouble to do it. You can see the value of taking gain as lower risk and the value of taking it all as EV.

    Also Moses should have noticed that c-SCORE didn't change with the more aggressive bet ramp with about the same RoR as Hilo versus the same bets as Hilo optimal bets with a lower RoR. That is because the gain is the same whether you take it as increased EV and/or decreased RoR. I have been telling people that for a long time but some that understand things less would dismiss gain from lowering RoR and just focus on EV gain while not making sure all gain was in the form of EV.

    I hope people took more than a passing glance at the stats because I chose things carefully to make observations easy for answering the question. It was a pretty simple binomial equation problem to come up with 3,000 rounds as the round figure that would have EV - SD/2 close to 0 for all three situations. For Hilo it was closest to 3100 rounds but I wanted all 3 to be close to 0 so rounding the weakest one down made sense. At 3000 rounds the EV of each is close to half of 1*SD. AT n-zero EV equals 1*SD. I should have realized at n0/4 EV equals 1/2 of the SD. I did it the hard way.

    The one thing you get to choose to some degree is the way losing and winning is likely to interact. You can't get rid of losing runs but you can make the really painful ones where losses stack up on each other much more unlikely. And you can choose how fast you are likely to recover. The stats I listed uses sim data to get a good idea of what the short run is likely going to look like. And how longer stretches are likely to recover or continue to go bad. As you can see the third option loses money a little bit faster but recovers a lot faster. Option 3 has the same ratio of SD to EV but has a higher EV compared to option 2. This makes beating the average a lot more lucrative while not costing you much on the rarer occasions when you are actually losing money. Option 2 slightly outperforms option 1 until you get to +2SD at which point option 1 gets a very slight EV range advantage.
    Last edited by Three; 09-20-2016 at 03:58 PM.

  7. #7


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    Quote Originally Posted by Tthree View Post
    Yes.

    Once late surrender is a given SCORE tells the tale here which means the decrease in N0 tells the tale. Significant lowering of the ratio of SD to EV will help. If you took the inverse, maximize the ratio of EV to SD, you have the square root of SCORE. SCORE makes the ratio linear rather that exponential which makes the comparison make more intuitive. N-zero is 1,000,000/SCORE. The reduction of n0 is a linear relationship that is the inverse of SCORE times 1,000,000 rounds. Let's look at the difference between Hilo, Hiopt2/ASC and at about the same RoR as Hilo optimally bet Hiopt2/ASC which shows the extremes of balanced counts for betting accuracy. When you talk about losing streaks you are talking about the short term so we will look at 3,000 round trips (Chosen to make -0.5 SD EV ~0) to make the math easy and keep bets the same for both counts. We will assume a normal bell curve for both sets of results. It is an incorrect assumption but a good approximation:

    6deck/1 cut off, S17, DAS, LS, 2x10 to 2x120 playall, 10K BR
    1) Hilo full indices (8.8% RoR): Win rate/100 rounds $66.91, SD/100 rounds $742.62, c-SCORE 81.17, n0 12318, CE $39.33
    Trip EV (3000 rounds) $2007.30, Trip SD (multiply SD/100 by sq root of 30) $4,067.50
    SD/EV 2.0264

    2) Hiopt/ASC full indices (7.0% RoR): Win rate/100rounds $70.66, SD/100 rounds $729.94, c-SCORE 93.69, n0 10675, CE $44.00
    Trip EV (3000 rounds) $2,119.80, Trip SD (multiply SD/100 by sq root of 30) $3,998.05
    SD/EV 1.886

    3)Optimally bet Hiopt2/ASC (8.9% RoR, 2x11 to 2x132 bet spread): Win rate/100rounds $77.62, SD/100 rounds $801.90, c-SCORE 93.69, n0 10674, CE $45.47
    Trip EV (3000 rounds) $2,328.60, Trip SD (multiply SD/100 by sq root of 30) $4,392.19
    SD/EV 1.886

    The results at various SD increments and the percentage for the defined range.
    -3 trip SD:
    Hilo:....... -$10,195.20
    Ho2/ASC: -$9,874.35
    Opt H2/A: -$10,847.97

    -2.5 trip SD:
    Hilo:....... -$8,161.45; (Trip results from -$10,195.20 to -$8,161.45 happens 0.5% of trips)
    Ho2/ASC: -$7,875.33; (Trip results from -$9,874.35 to -$7,875.33 happens 0.5% of trips)
    Opt H2/A: -$8,651.88; (Trip results from -$10,847.97 to -$8,651.88 happens 0.5% of trips)


    -2 trip SD:
    Hilo:....... -$6,127.70; (Trip results from -$8,161.45 to -$6,127.70 happens 1.7% of trips)
    Ho2/ASC: -$5,876.30; (Trip results from -$7,875.33 to -$5,876.30 happens 1.7% of trips)
    Opt H2/A: -$6,455.78; (Trip results from -$8,651.88 to -$6,455.78 happens 1.7% of trips)

    -1.5 trip SD:
    Hilo:....... -$4,093.95; (Trip results from -$6,127.70 to -$4,093.95 happens 4.4% of trips)
    Ho2/ASC: -$3,877.28; (Trip results from -$5,876.30 to -$3,877.28 happens 4.4% of trips)
    Opt H2/A: -$4,259.69; (Trip results from -$6,455.78 to -$4,259.69 happens 4.4% of trips)

    -1 trip SD:
    Hilo:....... -$2,060.20; (Trip results from -$4,093.95 to -$2,060.20 happens 9.2% of trips)
    Ho2/ASC: -$1,878.25; (Trip results from -$3,877.28 to -$1,878.25 happens 9.2% of trips)
    Opt H2/A: -$2,063.59; (Trip results from -$4,259.69 to -$2,062.59 happens 9.2% of trips)

    -0.5 trip SD:
    Hilo:........ -$26.45; (Trip results from -$2,060.20 to -$26.45 happens 15.0% of trips)
    Ho2/ASC: $120.78; (Trip results from -$1,878.25 to +$120.78 happens 15.0% of trips)
    Opt H2/A: $132.51; (Trip results from -$2,063.59 to +$132.51 happens 15.0% of trips)

    0 trip SD:
    Hilo:....... $2,007.30; (Trip results from -$26.45 to +$2,007.30 happens 19.1% of trips)
    Ho2/ASC: $2,119.80; (Trip results from $120.78 to $2,117.80 happens 19.1% of trips)
    Opt H2/A: $2,328.60; (Trip results from $132.51 to $2,328.60 happens 19.1% of trips)

    +0.5 trip SD:
    Hilo:....... $4,041.05; (Trip results from $2,007.05 to $4,041.05 happens 19.1% of trips)
    Ho2/ASC: $4,118.25; (Trip results from $2,119.80 to $4,118.25 happens 19.1% of trips)
    Opt H2/A: $4,524.70; (Trip results from $2,328.60 to $4,524.70 happens 19.1% of trips)

    +1.0 trip SD:
    Hilo:....... $6,074.80; (Trip results from $4,041.05 to $6,074.80 happens 15.0% of trips)
    Ho2/ASC: $6,117.85; (Trip results from $4,118.25 to $6,117.85 happens 15.0% of trips)
    Opt H2/A: $6,720.79; (Trip results from $4,524.70 to $6,720.79 happens 15.0% of trips)

    +1.5 trip SD:
    Hilo:....... $8,108.55; (Trip results from $6,074.80 to $8,108.55 happens 9.2% of trips)
    Ho2/ASC: $8,116.88; (Trip results from $6,117.85 to $8,116.88 happens 9.2% of trips)
    Opt H2/A: $8,916.89; (Trip results from $6,720.79 to $8,916.89 happens 9.2% of trips)

    +2.0 trip SD:
    Hilo:....... $10,142.30; (Trip results from $8,108.55 to $10,142.30 happens 4.4% of trips)
    Ho2/ASC: $10,115.90; (Trip results from $8,116.88 to $10,115.90 happens 4.4% of trips)
    Opt H2/A: $11,112.98; (Trip results from $8,916.89 to $11,112.98 happens 4.4% of trips)

    +2.5 trip SD:
    Hilo:....... $12,176.05; (Trip results from $10,142.30 to $12,176.05 happens 1.7% of trips)
    Ho2/ASC: $12,114.93; (Trip results from $10,115.90 to $12,114.93 happens 1.7% of trips)
    Opt H2/A: $13,309.08; (Trip results from $11,112.98 to $13,309.08 happens 1.7% of trips)

    +3.0 trip SD:
    Hilo:....... $14,209.80; (Trip results from $12,176.05 to $14,209.80 happens 0.5% of trips)
    Ho2/ASC: $14,113.95; (Trip results from $12,114.93 to $14,113.95 happens 0.5% of trips)
    Opt H2/A: $15,505.17; (Trip results from $13,309.08 to $15,505.17 happens 0.5% of trips)

    What you have to do for each system is see the likelihood of the losses and their magnitude and the likelihood of what would surround it and their amount won or lost. With the same bets you can see a small difference in ranges and small shift in each range into the positive except for the rare largest wins which are slightly higher ranges for Hilo. It will make a small difference in swings but not enough for you to notice much. By going to optimal bets at about the same RoR for Ho2/ASC the wins are larger but so are the losses but to a lesser degree. For both Hiopt/ASC approaches the trip win percentage is about 70%. For Hilo the trip win percentage is about 68%. If you take the gain from switching as reduced RoR the losses are always less for Hopt2/ASC compared to Hilo. If you bet optimally the swings are greater but negative swings are corrected for faster. Without going beyond traditional counts swing control is modest. Small changes in likelihood to win or lose and modest changes in amounts won or lost. As you can see the biggest change for amount of win or loss is optimally bet Hiopt2/ASC. But if you are losing your hands losses will be greater than Hilo so the answer for that is it will make losing streaks have a higher magnitude but recovery will be more likely to come sooner and it should take less time. Also you are more likely to be posting large wins before the losing streak happened. The increased likelihood of a losing streak being surrounded by large wins can ease the pain when they happen.

    Most people including me often misuse the term variance. I will address swings which I think is what you are referring to rather than variance. Deeper pen will cause larger swings. That includes downswings.
    How did you calculate the trip result in percentage?

  8. #8
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    Did you find this post helpful? Yes | No
    I assumed a normal bell curve. This link shows the frequencies for each 1/2 SD increment from the mean for a normal bell curve as a bell curve graph with frequencies between the 1/2 SD increment from the mean lines:
    https://n8henrie.com/2012/01/sigmoid...ttractiveness/

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