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Dantheman
Dantheman
Joined: Apr 21, 2015
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June 2nd, 2015 at 7:03:36 PM permalink
Lets say chasing streaks of a specific number- lets say 4 streaks, doesnt matter whether player or banker and not counting ties.
My question is am I more likely to have the expected number of these streaks hit by betting say 70 resolved hands played on many tables, rather than just 70 hands on just 1 table?
Or wouldnt it make any difference at all?
Dantheman
Dantheman
Joined: Apr 21, 2015
  • Threads: 19
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June 2nd, 2015 at 7:22:01 PM permalink
The reason I ask is because I have had people tell me it makes a big difference in the short term.
teliot
teliot
Joined: Oct 19, 2009
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June 3rd, 2015 at 8:06:32 AM permalink
Quote: Dantheman

The reason I ask is because I have had people tell me it makes a big difference in the short term.

People will say things. It doesn't matter. Each bet on Banker/Player is -1.06% or -1.24%, no matter what people say. There is no such thing as a streak, there is only what happened in the past and a future that is independent of that past.
End of the world website: www.climatecasino.net
mustangsally
mustangsally
Joined: Mar 29, 2011
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June 3rd, 2015 at 8:43:41 AM permalink
Quote: teliot

People will say things.

sure will
Quote: teliot

There is no such thing as a streak,

every Banker win is a part of a win streak, that length being 1 to <1000 i say
every Banker loss is a part of a lose streak, that length being 1 to <1000 i say

Player bet the same

William Feller talked about streaks - well, he calls them a run
and actually he calls them a recurrent event





There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak

OP
you play Bacc for fun and money
RUN
do not streak!
I Heart Vi Hart
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
  • Threads: 68
  • Posts: 11933
June 3rd, 2015 at 8:55:24 AM permalink
Quote: mustangsally

sure will
every Banker win is a part of a win streak, that length being 1 to <1000 i say
every Banker loss is a part of a lose streak, that length being 1 to <1000 i say

Player bet the same

William Feller talked about streaks - well, he calls them a run
and actually he calls them a recurrent event





There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak

OP
you play Bacc for fun and money
RUN
do not streak!


http://youtu.be/8bjIms6kVdI
DUHHIIIIIIIII HEARD THAT!
mustangsally
mustangsally
Joined: Mar 29, 2011
  • Threads: 25
  • Posts: 2463
June 3rd, 2015 at 8:56:37 AM permalink
Quote: Dantheman

Lets say chasing streaks of a specific number- lets say 4 streaks,

and i know you are really after a pattern like PPPP or BBBB
i would rather chase after these runs of length 4 in a shoe

to start the shoe
PPPPB or BBBBP

or more common
BPPPPB or PBBBBP

or at the end of a shoe
BPPPP or PBBBB


Quote: Dantheman

My question is am I more likely to have the expected number of these streaks hit

no because
the expected number of these streaks = the average number

and that comes from the distribution
like this for my example
run = 4

average # = 2.28
that is from this sample
       group         middle    freq  freq/100
---------------------------------------------
-0.50 <= x < 0.50 0.00 43442 8.69%
0.50 <= x < 1.50 1.00 113426 22.69%
1.50 <= x < 2.50 2.00 139816 27.96%
2.50 <= x < 3.50 3.00 112273 22.45%
3.50 <= x < 4.50 4.00 59490 11.90%
4.50 <= x < 5.50 5.00 22737 4.55%
5.50 <= x < 6.50 6.00 6848 1.37%
6.50 <= x < 7.50 7.00 1500 0.30%
7.50 <= x < 8.50 8.00 411 0.08%
8.50 <= x < 9.50 9.00 56 0.01%
9.50 <= x < 10.50 10.00 1 0.00%

look how many times the were 0 of these events I was chasing
about 50% of the shoes had either 2 or 3 and not 2.28

what happens in the first shoe when 6 hits happen
the average = 2.28

so if there are 0 in the next shoe or 70-80 rounds
the average is now 3
still not 2.28

play for a distribution, i say
averages will kill those that do not know of the dangers they bring

DUE have fun with streaks!
I Heart Vi Hart
mustangsally
mustangsally
Joined: Mar 29, 2011
  • Threads: 25
  • Posts: 2463
June 3rd, 2015 at 8:58:44 AM permalink
Quote: Ibeatyouraces

http://youtu.be/8bjIms6kVdI

thanks for the link
but i DUE not just click on any (ANY) link

it could be offensive or worse

is your tongue tied? mine is
see

There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
I Heart Vi Hart
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
  • Threads: 68
  • Posts: 11933
June 3rd, 2015 at 9:09:13 AM permalink
Quote: mustangsally

thanks for the link
but i DUE not just click on any (ANY) link

it could be offensive or worse

is your tongue tied? mine is
see

There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak


It's not offensive, I promise. Every gambler should watch the entire episode of "Red Man's Greed."
DUHHIIIIIIIII HEARD THAT!
ThatDonGuy
ThatDonGuy
Joined: Jun 22, 2011
  • Threads: 109
  • Posts: 5369
June 3rd, 2015 at 10:50:42 AM permalink
Quote: Dantheman

Lets say chasing streaks of a specific number- lets say 4 streaks, doesnt matter whether player or banker and not counting ties.
My question is am I more likely to have the expected number of these streaks hit by betting say 70 resolved hands played on many tables, rather than just 70 hands on just 1 table?
Or wouldnt it make any difference at all?


You aren't the first one to ask this sort of question.

How far you are into the shoe has very little, if any, effect on the probability of, in your case, 4 player wins before the next bank win, or 4 bank wins before the next player win.

Besides - if you jump from table to table without knowing how far into the shoe your new table has dealt, there is no real comparison between the two; if two tables are exactly 100 cards into a shoe (one where you were at from the beginning, and one at another table to which you go), why should one necessarily be more likely to have a streak come up?
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 42
  • Posts: 2352
June 3rd, 2015 at 8:45:37 PM permalink
Quote: mustangsally

There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak
There is no such thing as a streak

2^3 lines
2^3 words each line
3^3 characters per line (not including ' ' and '\n').
End of the world website: www.climatecasino.net

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