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Calculate odds of winning/losing streak in BJ
| May 11th, 2011 at 8:53:10 AM permalink | |
| Rychurd Member since: May 11, 2011 Threads: 1 Posts: 1 | Hi, I read on Wizard of Odds about a blacklisted casino where someone played around 81 hands and lost 61 units. This was calculated at odds of 123 trillion to one. Assuming I know the house edge is there a formulae (I would use Excel to calculate) that could work out the odds of winning or losing streaks? Variables, I guess would be: House Edge Number of hands played Total Amount won/lost. Thanks R |
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