ilikevp
ilikevp
Joined: Feb 10, 2014
  • Threads: 6
  • Posts: 14
June 18th, 2014 at 9:51:14 PM permalink
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.
Venthus
Venthus
Joined: Dec 10, 2012
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June 18th, 2014 at 10:19:58 PM permalink
Without another constraint, like total number of hands, it should be 100%, right? BAccarat is -EV, so eventually, you're expected to crash out.
98Clubs
98Clubs
Joined: Jun 3, 2010
  • Threads: 52
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June 18th, 2014 at 10:27:43 PM permalink
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.
ilikevp
ilikevp
Joined: Feb 10, 2014
  • Threads: 6
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June 18th, 2014 at 11:14:12 PM permalink
yes, a constraint is needed, i forget to provide it :(. Thanks for the notice.
mustangsally
mustangsally
Joined: Mar 29, 2011
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June 21st, 2014 at 2:28:25 PM permalink
removed
silly


Sally
I Heart Vi Hart
pacomartin
pacomartin
Joined: Jan 14, 2010
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June 21st, 2014 at 3:14:40 PM permalink
Quote: ilikevp

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.



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.
ThatDonGuy
ThatDonGuy
Joined: Jun 22, 2011
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June 22nd, 2014 at 6:26:12 PM permalink
I get 43.093% if the 2000 hands include ties and you are always betting on the player.

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