Baccarat Side Bet Counting

I知 an amateur mathematician, very sensitive to numbers. Ssho88 posted a bet spread of $5-440 earlier, but in the above table it痴 actually $24-$458. However, I just calculated this row TC=4 and found bet size = 2.077%/40.8202*50000=$25.44, so it still does not match the table value of $24. I知 also learning about these Kelly and RoR financial terms.

Quote: aceside

I知 amateur mathematician. So, very sensitive to numbers.

Lol

Quote: aceside

I知 an amateur mathematician, very sensitive to numbers. Ssho88 posted a bet spread of $5-440 earlier, but in the above table it痴 actually $24-$458. However, I just calculated this row TC=4 and found bet size = 2.077%/40.8202*50000=$25.44, so it still does not match the table value of $24. I知 also learning about these Kelly and RoR financial terms.
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You can choose to bet $25.44 for TC=4. Will this really make a big difference to your total profit/shoe ?
What are the normal blackjack bet spread ? up to three decimal places?

Quote: aceside

I知 an amateur mathematician, very sensitive to numbers. Ssho88 posted a bet spread of $5-440 earlier, but in the above table it痴 actually $24-$458. However, I just calculated this row TC=4 and found bet size = 2.077%/40.8202*50000=$25.44, so it still does not match the table value of $24. I知 also learning about these Kelly and RoR financial terms.
link to original post

Gambling analysis is 'applied mathematics' not 'pure mathematics.' To understanding gambling, it helps to know elementary economics and to have played hundreds (or thousands) of hands of blackjack. If you had ever played one hand of blackjack in a casino, you would understand that it is not possible to place a bet of $25.44 because you are playing with chips in denominations of $1, $5 and $25 not pennies and dimes. Indeed, no player even counts out chips and bets $458 -they round it off to an approximate number because they don't want to call attention to themselves.

To discuss gambling analysis with experts in this forum, it helps to read on-line articles about topics like Kelly criterion, Risk of Ruin, etc. and to NOT use a brash tone and assert that others don't know what they are talking about just because you yourself are early in the learning process.

Personally, when I chat with giants in the field like mental and ssho88 and Wizard, I try to put as much work into my questions as they are putting into their answers. And to be respectful in my wording.

I will be more reserved from now on. Yes, they definitely have done a lot of work. I ask them because I respect them. Regarding my tone, I would say that I always take a firm stance in anonymous forum posts, like in American politics.