Hi,
I've already posted C-D indices for Hi-Lo but the
following were calculated by simulation instead of analytically.
The work behind this simulation leads to the RA-analysis posted at the end.
Let's first post the EV-maximizing indices.
Insurance indices for Hi-Lo (C-D)
Conditions
A = Ace
T = Ten
Z = 8,9
L = 2,3,4,5,6,7
1D = 26/52 (0.5/1)
2D = 52/104 (1/2)
6D = 234/312 (4.5/6)
8D = 312/416 (6/8)
+-----+-----+-----+-----+
| 1D | 2D | 6D | 8D |
+----------+-----+-----+-----+-----+
| Generic | 2 | 2 | 3 | 3 |
| A,A | 0 | 1 | 2 | 3 |
| A,T | 1 | 2 | 3 | 3 |
| A,Z | 0 | 1 | 3 | 3 |
| A,L | 0 | 1 | 3 | 3 |
| T,T | 3 | 3 | 3 | 3 |
| T,Z | 1 | 2 | 3 | 3 |
| T,L | 1 | 2 | 3 | 3 |
| Z,Z | 0 | 2 | 3 | 3 |
| Z,L | 0 | 2 | 3 | 3 |
| L,L | 1 | 2 | 3 | 3 |
+----------+-----+-----+-----+-----+
And now the RISK-AVERSE version:
+-----+-----+-----+-----+
| 1D | 2D | 6D | 8D |
+----------+-----+-----+-----+-----+
| Generic | - | - | 3 | - |
| A,A | - | - | 3 | - |
| A,T | - | - | 3 | - |
| A,Z | - | - | 3 | - |
| A,L | - | - | 3 | - |
| T,T | - | - | 4 | - |
| T,Z | - | - | 3 | - |
| T,L | - | - | 4 | - |
| Z,Z | - | - | 3 | - |
| Z,L | - | - | 3 | - |
| L,L | - | - | 3 | - |
+----------+-----+-----+-----+-----+
Note: As you can see I've only calculated the indices for 6D. I believe they are precise for a 1-12 spread. For the moment I've no intention of running RA-indices for a different set of rules (# of decks, count-systems, etc.).
Enjoy!
Cacarulo
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