islandman4life
islandman4life
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May 21st, 2016 at 8:19:56 PM permalink
What's the probability of this streak, such as b,p,b,p,b,p,b
I plan on using martingale which if banker lose I switch to player
I have $32 bankroll and playing for $1.
1
1
2
4
8
16
What are my chances of getting to $100 with that method ?
I was betting only on player but I realize it's too risky and I notice that both banker and player goes on 3+ streaks.
Any advice needed I apologize for my previous comments I made.

I can also play for 50cents which gives me 7 chances
50
50
1
2
4
8
16
Last edited by: islandman4life on May 21, 2016
OnceDear
OnceDear
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May 22nd, 2016 at 12:07:07 AM permalink
IM4l.

Just Learn this formula: Oncedear's rule of thumb.

Probability of success < (Starting Bankroll)/(Ending Bankroll)

It's close enough for what you are thinking of doing. It also answers most of your questions so far.

Probability of success < (Starting Bankroll)/(Ending Bankroll)

So for your example

Probability of success < 32/100 = 32%

Probability of going home broke > 100%-32%=68%

Then learn STREAKS MEAN NOTHING !!!

Then learn MARTINGALE IS JUST A FUN WAY OF LOSING QUICKLY.


* I ignore house edge which will always make your probability of success worse.

The formula applies whether you bet on Streaks of Player, Streaks of Banker, Streaks of PBPBPB, Streaks in Blackjack, Streaks on roulette Red/Black, Odd/Even or Streaks of Bacon.
It works almost as well if you flat bet, but is better with Marty.

It's 6l00dy simple. It's 6l00dy universal. ( It's 6l00dy inaccurate but it is close enough)

If you post back another question that could be answered by the above formula, I will block you.

If you ask if the same formula would apply to BPBP instead of PBPB, I will block you.

If you ask any question about the formula, I will block you.

If you ask whether the formula applies if you first wait until you see a streak of BBBB, I will will make an effigy of you, Tear it limb from limb with a rusty knife, burn it and p155 on the ashes.

Then I will block you.
Last edited by: OnceDear on May 22, 2016
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
odiousgambit
odiousgambit
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May 22nd, 2016 at 2:40:25 AM permalink
Poor OnceDear is getting Kentry-ed

I'm coining that as a verb: to Kentry someone is to ask a question, show no evidence of comprehension of the answer, then keep asking more questions to demonstrate that lack of comprehension - along with a retreat into a comfort zone built around a set of fallacies

I'm not going to block the OP myself though, I've decided I need a Kentry around to marvel at. Such person may or may not be a troll just pretending to be afflicted with Invincible Ignorance - if they do a good enough job of it that's something to marvel at too.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
OnceDear
OnceDear
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May 22nd, 2016 at 3:52:11 AM permalink
Quote: odiousgambit

Poor OnceDear is getting Kentry-ed

I'm coining that as a verb: to Kentry someone is to ask a question, show no evidence of comprehension of the answer, then keep asking more questions to demonstrate that lack of comprehension - along with a retreat into a comfort zone built around a set of fallacies

I'm not going to block the OP myself though, I've decided I need a Kentry around to marvel at. Such person may or may not be a troll just pretending to be afflicted with Invincible Ignorance - if they do a good enough job of it that's something to marvel at too.


Lol. Agreed on all points.

I've been Joeled and Rushed too.
Verb: to Joel ( synonym = to Rush )
To demonstrate that a BS* system works by stating (unsupported) results that defy gravity as a way of disheartening the enlightened.
Alternative meaning
To demonstrate one's exemption from the laws of physics.

Quote from 'Casinos Curse' : "Let them win today: Tomorrow their souls are ours"
Quote from Abraham Lincoln "90% of quotes on the internet are fake"

*BS <> Basic Strategy.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
islandman4life
islandman4life
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May 22nd, 2016 at 5:39:05 AM permalink
Quote: odiousgambit

Poor OnceDear is getting Kentry-ed

I'm coining that as a verb: to Kentry someone is to ask a question, show no evidence of comprehension of the answer, then keep asking more questions to demonstrate that lack of comprehension - along with a retreat into a comfort zone built around a set of fallacies

I'm not going to block the OP myself though, I've decided I need a Kentry around to marvel at. Such person may or may not be a troll just pretending to be afflicted with Invincible Ignorance - if they do a good enough job of it that's something to marvel at too.


LOL says the person who has no degrees.
OnceDear
OnceDear
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May 22nd, 2016 at 6:44:35 AM permalink
Quote: odiousgambit

pretending to be afflicted with Invincible Ignorance



Pretending or truly afflicted? It's often hard to tell.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
GWAE
GWAE
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May 22nd, 2016 at 6:45:12 AM permalink
Quote: islandman4life

LOL says the person who has no degrees.



Lol at thinking having a degree makes someone a smart person.

Apparantly they don't teach simple math at the school whom gave you your degree.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
islandman4life
islandman4life
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May 22nd, 2016 at 7:19:25 AM permalink
Quote: GWAE

Lol at thinking having a degree makes someone a smart person.

Apparently they don't teach simple math at the school whom gave you your degree.


Why do the math yourself when you can get some one else to do it?
That's call the boss on the job right?
I am a programmer and I get people to answer all of my programming questions on stackoverflow.
Life is easy don't make it hard! The internet can answer all of your questions.
I can just come back with a different username if someone blocks me and start posting more questions for you guys to figure out for me,
OnceDear
OnceDear
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May 22nd, 2016 at 7:33:42 AM permalink
Quote: islandman4life

Why do the math yourself when you can get some one else to do it?
That's call the boss on the job right?
I am a programmer and I get people to answer all of my programming questions on stackoverflow.
Life is easy don't make it hard! The internet can answer all of your questions.
I can just come back with a different username if someone blocks me and start posting more questions for you guys to figure out for me,


Blocked x 1
I can ignore one identity, I can ignore many.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
TwoFeathersATL
TwoFeathersATL
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May 22nd, 2016 at 8:20:01 AM permalink
Quote: islandman4life


I can just come back with a different username if someone blocks me and start posting more questions for you guys to figure out for me,



I thought you ALREADY did that ;-)

I seem to be stuck on one of those circular traffic intersections (Roundabouts?) and am having a hard time exiting it......
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
ThatDonGuy
ThatDonGuy
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May 22nd, 2016 at 8:47:49 AM permalink
Quote: islandman4life

I am a programmer and I get people to answer all of my programming questions on stackoverflow.


And I thought I was the only person who did that...

Anyway, Martingale doesn't quite work the way you expect if you include bets such as banker in baccarat that pay less than even money. As a result, calculating probability of success is not as easy as it sounds. EZ-Bacc, where banker bets pay even money but some banker wins are pushes, is easier.

Also, as written, it is very difficult to reach 100, as if you don't win the first bet in the run, the only possible results from that run are break even and lose the whole $32.

Some quick simulating shows that, assuming you are playing normal baccarat, you repeat any tied bet, your progression is 1-2-4-8-16 and then back down to 1, and you stop either when you are 100 ahead or lost the original 31, you will reach +100 about 20% of the time - but since you are, in effect, betting 31 at 100-31 (just over 3-1) odds, winning 20% of the time is a house edge of 4.8%.
Last edited by: ThatDonGuy on May 22, 2016
odiousgambit
odiousgambit
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May 22nd, 2016 at 8:53:26 AM permalink
Quote: islandman4life

I can just come back ... and start posting more questions for you guys to figure out for me,



blocking is not the same as being suspended here - if you mind your manners you will be able to post

if person 1 blocks person 2, that just means they do not automatically see #2's posts

but more importantly, why ask questions when you have demonstrated no comprehension of the former answers? I mean, really, to ask, basically, "how about if I work a progressive betting system this way [or that way] in the face of the gambler's fallacy about finding patterns in random distributions?"
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
odiousgambit
odiousgambit
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May 22nd, 2016 at 9:08:47 AM permalink
Quote: islandman4life

LOL says the person who has no degrees.



btw that seems to be aimed at me. I'm guessing you think that I do not have any degrees and that you would have found my weak spot, shame at lack of prestige.

Wrong on both counts.

I tend to be anti-intellectual [esp phony intellectual] and I write in plain English, throwing in hick colloquialisms plenty too*, so I guess you picked up on that. Missed by a mile.

*ever since the demise of Will Rogers, that has gone completely out of style, I know. Meh.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
beachbumbabs
beachbumbabs
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May 22nd, 2016 at 9:15:33 AM permalink
Quote: islandman4life

Why do the math yourself when you can get some one else to do it?
That's call the boss on the job right?
I am a programmer and I get people to answer all of my programming questions on stackoverflow.
Life is easy don't make it hard! The internet can answer all of your questions.
I can just come back with a different username if someone blocks me and start posting more questions for you guys to figure out for me,



Yeah, you're done here, island man. Suspended for trolling the forum, aggregate of your posts.
If the House lost every hand, they wouldn't deal the game.
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