Hey there everyone!
I have spent years analyzing roulette statistics and they are very easy to generate (just throw up random numbers from 0-36) but now that I am moving into blackjack, the actual statistics are a mystery to me.
We all know that the HE is not the culprit for loss streaks, heck even with a PLAYER advantage of 1%, we will still see streaks against us that will put us in a deep hole (either direct or successive); our problem is of course negative variance.
So, I am a programmer and I can create a blackjack session simulator to analyze the worst streaks of losses and their probability and I guess that's what I need to do if I want to learn this information?
My main issue of concern is how streaks of loss in blackjack compare with roulette; are they better? Worse? Equal?
For instance, it is commonly accepted that 25 EC's in a row is a benchmark that might be seen once in a person's lifetime (once in tens of millions of coup attempts) and each coup attempt has its own probability, from 1 on down the list to the 25th.
Does anyone have any advice or knowledge about these sorts of things?
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