Everywhere I search perfect basic strategy gives the house an edge of about 0.5% on each hand. +/-
I've run millions of simulations betting the exact same amount every hand and use 2 different formulas to calculate house edge, I am always returning around 2.5% +/-
So - Do I have a bug in my simulations or is 0.5% house edge for BJ the biggest lie in Vegas???
DL
Quote: djl314Newbie to forum, sorry if this is already posted, I couldn't find it...
Everywhere I search perfect basic strategy gives the house an edge of about 0.5% on each hand. +/-
I've run millions of simulations betting the exact same amount every hand and use 2 different formulas to calculate house edge, I am always returning around 2.5% +/-
So - Do I have a bug in my simulations or is 0.5% house edge for BJ the biggest lie in Vegas???
DL
link to original post
Welcome to the forum.
How are you simulating?
I think a lot of other people have managed to get simulations to return around a 0.5% edge.
simplicity sake I just run # EDGE/GPH = PL / HP
Quote: djl314:) There you go... That's it :) lol
simplicity sake I just run # EDGE/GPH = PL / HP
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I don't think that sounds like the same kind of simulation others are running.
Hi and welcome,Quote: djl314Newbie to forum, sorry if this is already posted, I couldn't find it...
Everywhere I search perfect basic strategy gives the house an edge of about 0.5% on each hand. +/-
I've run millions of simulations betting the exact same amount every hand and use 2 different formulas to calculate house edge, I am always returning around 2.5% +/-
So - Do I have a bug in my simulations or is 0.5% house edge for BJ the biggest lie in Vegas???
DL
link to original post
The house edge and the appropriate basic strategy for Blackjack both depend on the number of decks and the exact rules of the game being simulated. Get either wrong and your calculation or simulation will give the wrong value for edge.
Edge is typically in the range 0.4% to 1% and you can get a rough idea of what difference rule changes make from here...
https://wizardofodds.com/games/blackjack/calculator/
You'll see that with 6:5 payout and a few other tweaks, house edge can be >2%
Without seeing the code for your simulator, I'll say with some confidence, that you have a bug in your code.
Another issue is to ensure your random number generator and shuffling works. This is another area to test.
Best of luck.