Min sample size to smooth out variance?
March 26th, 2025 at 4:02:56 AM
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From this post:
https://wizardofvegas.com/forum/off-topic/general/40000-hedonistic-adaptation-88-min-bet-bores-me-vs-75-bet-a-decade-ago/#post951543
How to determine min sample size needed to smooth out variance?
Ie: max betting ($50/spin) $500 must hits, so not that many spins per must hit
What's the formula?
https://wizardofvegas.com/forum/off-topic/general/40000-hedonistic-adaptation-88-min-bet-bores-me-vs-75-bet-a-decade-ago/#post951543
How to determine min sample size needed to smooth out variance?
Ie: max betting ($50/spin) $500 must hits, so not that many spins per must hit
What's the formula?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 26th, 2025 at 4:07:37 PM
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Quote: 100xOddsFrom this post:
https://wizardofvegas.com/forum/off-topic/general/40000-hedonistic-adaptation-88-min-bet-bores-me-vs-75-bet-a-decade-ago/#post951543
How to determine min sample size needed to smooth out variance?
Ie: max betting ($50/spin) $500 must hits, so not that many spins per must hit
What's the formula?
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The following isn’t really an answer… To determine this, we’d have to know the odds of each occurrence in the game(s) as well as we know VP or keno. Unfortunately, without a PAR (or sometimes even with one!), there isn’t a good way to calculate this outside of trial and error and/or massive data collection for any given game.
ETA: Your basically looking for detailed ROR calculations…
It’s a dog eat dog world.
…Or maybe it’s the other way around!
