ChumpChange's Blog

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What are the Odds of Losing 6 Hands in a Row? https://www.blackjackinfo.com/odds-blackjack-losing-6-hands-in-a-row/

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The Difference Between Blackjack Heat and Back-Off

From Push to Shove: The Difference Between Blackjack Heat and Back-Off - Blackjack ChampBlackjack Champ
https://www.blackjackchamp.com/casino-news/22832-from-push-to-shove-the-difference-between-blackjack-heat-and-back-off/

What to do during a backoff or when flat-betted - Blackjack - Gambling - Page 1 - Forums - Wizard of Vegas https://wizardofvegas.com/forum/gambling/blackjack/20740-what-to-do-during-a-backoff-or-when-flat-betted/

The taking of Atlantic City https://nypost.com/2011/06/12/the-taking-of-atlantic-city/

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List of good slot machines available at Bovada https://easy.vegas/games/slots/game-list

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Warning about using Bovada https://www.reddit.com/r/sportsbook/comments/7qzjn4/warning_about_using_bovada/

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Is Bovada Legal? – Our Up to Date Bovada Review http://www.legalbettingreview.com/

The difference between Neteller vs. Skrill https://www.yourpokerdream.com/online-poker/e-wallets/difference-neteller-vs-skrill/

New Legislation May Force German Players To Switch To Offshore Sites https://www.yourpokerdream.com/new-legislation-may-force-german-players-make-the-switch-to-offshore-sites/

The best US Online Poker Sites 2019 https://www.yourpokerdream.com/the-best-us-online-poker-sites-2019/

THE HOUSE EDGE WILL EAT UP YOUR POTENTIAL WINS IN CRAPS.

I just tripled the House Advantage from 0.5% in Blackjack to 1.5% to cover the PL, DC, and Place Bets of 6 & 8 on the Craps table.


If you play 100 bets, the square root would be 10 bets; HA would be 1.5 bets.^^^^^^^^^(-11.5, +8.5)
If you play 400 bets, the square root would be 20 bets; HA would be 6 bets.^^^^^^^^^^(-26, +14)
If you play 900 bets, the square root would be 30 bets; HA would be 13.5 bets.^^^^^^^^(-43.5, +16.5)
If you play 1,600 bets, the square root would be 40 bets; HA would be 24 bets.^^^^^^^^(-64, +16)
If you play 2,500 bets, the square root would be 50 bets; HA would be 37.5 bets.^^^^^^^(-87.5, +12.5)
If you play 3,600 bets, the square root would be 60 bets; HA would be 54 bets.^^^^^^^^(-114, +6)
If you play 4,900 bets, the square root would be 70 bets; HA would be 73.5 bets.^^^^^^^(-143.5, -3.5)
If you play 6,400 bets, the square root would be 80 bets; HA would be 96 bets.^^^^^^^^(-176, -16)
If you play 8,100 bets, the square root would be 90 bets; HA would be 121.5 bets.^^^^^^(-211.5, -31.5)
If you play 10,000 bets, the square root would be 100 bets; HA would be 150 bets.^^^^^^(-250, -50)


The more you play at a 1.5% HA, the more it's going to eat up any positive variation you can get until you are totally in the hole. Win early, and win big!
These calculations are for 1 standard deviation. YMMV
Seems like the peak is somewhere around 1,000 bets +/-, with a top upside just above 16 bets at 1 SD.
I should stick to a 25 unit buy-in and try to win 10 units to double my money.
The craps tables are $5/$10 but the BJ tables are $25.
**********************************************************
Craps Simulator - Dice Setting - Gambling - Page 1 - Forums - Wizard of Vegas https://wizardofvegas.com/forum/gambling/dice-setting/33947-craps-simulator/
After 5,000 PL bets, you'll theoretically be down 70 bets and you'll need to be up 2SD (+35 bets x 2) to be above even.

The house edge will eat up your potential wins in Blackjack.

If you play 100 hands, the square root would be 10 hands; HA would be 0.5 hands.^^^^^^^^^(-10.5, +9.5)
If you play 400 hands, the square root would be 20 hands; HA would be 2 hands.^^^^^^^^^^(-22, +18)
If you play 900 hands, the square root would be 30 hands; HA would be 4.5 hands.^^^^^^^^^(-34.5, +25.5)
If you play 1,600 hands, the square root would be 40 hands; HA would be 8 hands.^^^^^^^^^(-48, +32)
If you play 2,500 hands, the square root would be 50 hands; HA would be 12.5 hands.^^^^^^^(-62.5, +37.5) *
If you play 3,600 hands, the square root would be 60 hands; HA would be 18 hands.^^^^^^^^(-78, +42)
If you play 4,900 hands, the square root would be 70 hands; HA would be 24.5 hands.^^^^^^^(-94.5, +45.5)
If you play 6,400 hands, the square root would be 80 hands; HA would be 32 hands.^^^^^^^^(-112, +48)
If you play 8,100 hands, the square root would be 90 hands; HA would be 40.5 hands.^^^^^^^(-130.5, +49.5)

If you play 10,000 hands, the square root would be 100 hands; HA would be 50 hands.^^^^^^^(-150, +50) PEAK
If you play 40,000 hands, the square root would be 200 hands; HA would be 200 hands.^^^^^^(-400, 0)
If you play 90,000 hands, the square root would be 300 hands; HA would be 450 hands.^^^^^^(-750, -150)
If you play 160,000 hands, the square root would be 400 hands; HA would be 800 hands.^^^^^(-1200, -400)
If you play 250,000 hands, the square root would be 500 hands; HA would be 1,250 hands.^^^^(-1750, -750)
If you play 360,000 hands, the square root would be 600 hands; HA would be 1,800 hands.^^^^(-2400, -1200)
If you play 490,000 hands, the square root would be 700 hands; HA would be 2,450 hands.^^^^(-3150, -1750)
If you play 640,000 hands, the square root would be 800 hands; HA would be 3,200 hands.^^^^(-4000, -2400)
If you play 810,000 hands, the square root would be 900 hands; HA would be 4,050 hands.^^^^(-4950, -3150)
If you play 1,000,000 hands, the square root would be 1,000 hands; HA would be 5,000 hands.^^(-6000, -4000)

The more you play at a 0.5% HA, the more it's going to eat up any positive variation you can get until you are totally in the hole. Win early, and win big!

Seems there's a peak somewhere between 10,000 and 40,000 hands. Let me see if I can find it.
If you play 12,100 hands, the square root would be 110 hands; HA would be 60.5 hands.^^^^^^(-170.5, +49.5)
If you play 15,625 hands, the square root would be 125 hands; HA would be 78 hands.^^^^^^^(-203, +47)
If you play 22,500 hands, the square root would be 150 hands; HA would be 112.5 hands.^^^^^(-262.5, +37.5) *
If you play 30,625 hands, the square root would be 175 hands; HA would be 153 hands.^^^^^^(-328, +22)

* If I wanted a win goal of 37.5 hands, I should settle for it somewhere between hands 2,500 and 22,500, and the sooner the better. I could lose 7 times 37.5 units at the latter number of hands.

I'd probably stick to near 400 hand sessions and either lose 25 hands or win 20 hands and quadruple my buy-in.

These calculations are for 1 standard deviation. YMMV
If I play 400 hand sessions and have a 2 standard deviation streak, I could be down 42 hands or up 38 hands, (and get to my 37.5 unit win goal).
If I play 10,000 hand sessions and have a 3 standard deviation streak, I could be down 350 hands or up 250 hands.