December 5th, 2015 at 7:02:13 AM
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Hey Wizard

I have a question that I hope you can answer:

Imagine that you are engaged in a game of two participating, where you decide how much there is betting and there is a 50% chance of winning and 50% chance of losing. Your opponent is forced to bet as much as you each time a game is conducted and the winner gets the pot. It may be tempting to repeat the bet double the one lost the last game until you win, so that you make sure that you get a prize at the end. Explain that this is a good strategy if there is a limit to how much you can bet, but the expected gain from the implementation of this strategy is zero penny if there is a limit to how much you can bet.

Black Jack Probability.

I have a question that I hope you can answer:

Imagine that you are engaged in a game of two participating, where you decide how much there is betting and there is a 50% chance of winning and 50% chance of losing. Your opponent is forced to bet as much as you each time a game is conducted and the winner gets the pot. It may be tempting to repeat the bet double the one lost the last game until you win, so that you make sure that you get a prize at the end. Explain that this is a good strategy if there is a limit to how much you can bet, but the expected gain from the implementation of this strategy is zero penny if there is a limit to how much you can bet.

Black Jack Probability.

December 5th, 2015 at 9:02:23 AM
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I'm afraid that I don't understand the question.

It's not whether you win or lose; it's whether or not you had a good bet.

December 5th, 2015 at 9:10:30 AM
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Quote:WizardI'm afraid that I don't understand the question.

I think he wants to know if he should martingale a 50/50 proposition.

Not sure what that has to do with BJ though.

Expect the worst and you will never be disappointed.
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December 5th, 2015 at 11:01:30 AM
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Quote:GWAEI think he wants to know if he should martingale a 50/50 proposition.

Not sure what that has to do with BJ though.

Obvious. With BlackJack, you win or you don't :o)

If you are enjoying the game, you're already winning.