Quote Originally Posted by DSchles View Post
What method did you use for calculating the e.v. of any holding at any Hi-Lo TC? Representative decks?

Don
Unfortunately I don't think this can be done exactly in a convenient amount of time, so I do Monte Carlo simulation. For each hand of the simulation, I start with a full shoe and then randomly remove the appropriate number of high or low cards to hit the desired hi-lo count.

This process slows down the simulation, but even so, I find that the EVs converge pretty quickly and I think that they are off by only maybe ~0.01 after a couple seconds. Usually that's enough to see a clear difference between decisions. The simulation is run for 10 seconds though just to make sure. You can see the numbers change around as the simulation runs so you can get a feel for how fast they're converging.