June 18th, 2014 at 9:51:14 PM
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Hi all,
Actually the question is like this: assuming the bankroll is 5000, and each bet is 100, what is the probability of losing all the bankroll within 2000 bets? i am not sure if the question make sense.
thanks in advance.
Actually the question is like this: assuming the bankroll is 5000, and each bet is 100, what is the probability of losing all the bankroll within 2000 bets? i am not sure if the question make sense.
thanks in advance.
June 18th, 2014 at 10:19:58 PM
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Without another constraint, like total number of hands, it should be 100%, right? BAccarat is -EV, so eventually, you're expected to crash out.
June 18th, 2014 at 10:27:43 PM
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To lose 50 bets in Bacc. presuming "Banker" betting takes on average 4735.9 bets: presuming "Player" bets 4048.6 bets.
Some people need to reimagine their thinking.
June 18th, 2014 at 11:14:12 PM
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yes, a constraint is needed, i forget to provide it :(. Thanks for the notice.
June 21st, 2014 at 2:28:25 PM
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removed
silly
Sally
silly
Sally
I Heart Vi Hart
June 21st, 2014 at 3:14:40 PM
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Quote: ilikevpHi all,
Actually the question is like this: assuming the bankroll is 5000, and each bet is 100, what is the probability of losing all the bankroll within 2000 bets? i am not sure if the question make sense.
thanks in advance.
It is your question, but customarily people ask what is the probability of earning 20%, 100%, or 150% before I go bankrupt. For instance some people figure that the gasoline, hotel, and dinner costs $1000, and they want to know what is the possibility of winning back that $1000 before losing their $5000 bankroll.
Most people don't actually count the number of times they play.
June 22nd, 2014 at 6:26:12 PM
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I get 43.093% if the 2000 hands include ties and you are always betting on the player.