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BlackjackGuy123
BlackjackGuy123
Joined: Jul 27, 2017
  • Threads: 4
  • Posts: 164
October 24th, 2018 at 4:35:35 PM permalink
if u r playing with a negative edge they r gonna get u one day its just a question of sooner or later
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
  • Threads: 46
  • Posts: 5283
October 25th, 2018 at 2:02:10 AM permalink
Quote: BlackjackGuy123

if u r playing with a negative edge they r gonna get u one day its just a question of sooner or later

Hey BlackJackguy,
We do not have a 140 character limit here, nor do we have to pay by the letter. Please refrain from so many txt speak abbreviations.
Thanks in advance.
OD.
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
BlackjackGuy123
BlackjackGuy123
Joined: Jul 27, 2017
  • Threads: 4
  • Posts: 164
Thanks for this post from:
ZenKinG
October 25th, 2018 at 3:28:49 AM permalink
Quote: OnceDear

Hey BlackJackguy,
We do not have a 140 character limit here, nor do we have to pay by the letter. Please refrain from so many txt speak abbreviations.
Thanks in advance.
OD.



Don't be so bossy.
BlackjackLover
BlackjackLover
Joined: Oct 2, 2018
  • Threads: 9
  • Posts: 149
October 28th, 2018 at 3:51:55 PM permalink
Quote: Ace2

I get a per bet SD of 1.78 for 5 bets per hand.

So for 230 bets your result of -38% is about 3 SDs to the left of expectations (slightly more). A 3 SD event is about 1 in 370, so though itís certainly a bad streak itís not that rare at all for a regular player. In a weekend in Vegas I probably make 1,000 bets.


I believe that the result was about 3.25 SDs below the expected return. Was I very unlucky or just unlucky?

Quote: Ace2

If you believe in clustering you should probably start betting big now. Lots of wins coming up after so many losses. This is not gamblers fallacy...totally different concept.


It's the gambler's fallacy:
Quote:

if something happens more frequently than normal during a given period, it will happen less frequently in the future


https://en.wikipedia.org/wiki/Gambler%27s_fallacy
Ace2
Ace2
Joined: Oct 2, 2017
  • Threads: 23
  • Posts: 965
October 28th, 2018 at 5:56:09 PM permalink
Irony alert.
Itís all about making that GTA

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