Baccarat question
June 12th, 2012 at 6:28:25 PM
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What are the chances of 8 different 8 deck shoes each opening with a Player or Tie?
June 12th, 2012 at 6:39:54 PM
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The chance of its happening once times eight.
June 12th, 2012 at 7:00:42 PM
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I was thinking that it's either purely the same chance as Player or Tie, 54.1% or it was 54.1% to the 8th power or 0.00738%. Any other thoughts?
June 12th, 2012 at 7:05:28 PM
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Since it is the beginning of each shoe there is no conditional probability to deal with and each shoe is an independent event, just like flipping a coin. Flipping a coin heads 8 times is .5^(8) so let x be the probability of a tie such that the answer= x^8
