dihaig
dihaig
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June 6th, 2011 at 12:00:04 PM permalink
Does anyone know which bet has the least variance....betting only banker or betting banker, player back and forth every time. Thanks for any help.
miplet
miplet 
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June 6th, 2011 at 12:19:33 PM permalink
From https://wizardofodds.com/houseedge Banker has a Standard Deviation of .93 and Player .95
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dihaig
dihaig
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June 6th, 2011 at 12:35:06 PM permalink
I was trying to figure out if going back and forth would lower the Standard Deviation below .93. Thanks
foster
foster
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June 23rd, 2011 at 12:43:21 AM permalink
does this mean if we bet on BANK that it is 93% more likely to be a PLAYER outcome?
FleaStiff
FleaStiff
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June 23rd, 2011 at 3:55:28 AM permalink
Quote: foster

does this mean if we bet on BANK that it is 93% more likely to be a PLAYER outcome?

No.
EvenBob
EvenBob
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June 23rd, 2011 at 10:35:47 PM permalink
Quote: foster

does this mean if we bet on BANK that it is 93% more likely to be a PLAYER outcome?



Yes, in Superman's Bizarro World, where everything is the reverse of the way it is here.
"It's not called gambling if the math is on your side."
HKrandom
HKrandom
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June 26th, 2011 at 12:37:02 AM permalink
The payout on the banker bet is smaller and the probability to win it is slightly higher so it would make sense that the variance on the bet is smaller. Switching between both will give you an SD between .93 and .95
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