teamswindler
teamswindler
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May 6th, 2013 at 6:27:45 PM permalink
out of 1000 times, how many times would a player come out ahead if he played both sides (player and banker) for one unit? The losing side always stays at one unit and the winning side increases only 4 times betting in this order 1,3,2,4 then back to 1. Please note there is no commission on either side; the only caveat is that when the banker pulls a three card 7 then its a push for the bank side not a win.

Theoretically , the gambler should come out even each time unless one side has a run of at least 3. A run of 10 should gross the winning side a total of 10 units against the gross loss of 4 units to the losing side thus netting a positive 6. For longer runs the net would be more. I believe the only losses would be each time one of the sides only wins twice in a row.

Is there a fallacy to playing this way in the long term?
teamswindler
teamswindler
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May 6th, 2013 at 6:28:37 PM permalink
I meant a run of 4 should gross 10 units
sodawater
sodawater
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May 6th, 2013 at 6:36:34 PM permalink
this game you describe is negative expectation for both the player and the banker, and hence you should lose.
Beethoven9th
Beethoven9th
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May 6th, 2013 at 6:37:26 PM permalink
Quote: teamswindler

Is there a fallacy to playing this way in the long term?


Huh??
Fighting BS one post at a time!
rdw4potus
rdw4potus
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May 6th, 2013 at 6:54:19 PM permalink
Quote: teamswindler


Is there a fallacy to playing this way in the long term?



Yes. You aren't doing anything that changes the house edge in any way, so there's still a negative expectation to the game.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Paigowdan
Paigowdan
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May 6th, 2013 at 7:14:58 PM permalink
Same as playing pass and don't pass on craps, it avails you nothing, and reduces the action to pushing almost all the time. Don't play this way...it's UnAmerican!
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
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