πŸ’ probability - Expected value for blackjack - Mathematics Stack Exchange

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Both are less than , so we surrender. Note also how EV(hit) > EV(stand), where in Blackjack, it's the other way around. There are several reasons why EV(​hit).


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For example, let's say you are playing a decent counting game and your hourly EV is $25 an hour. You play for a total of hours and your expectation for.


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From Wizard of Odds, that bet is worth $ in EV per $1. It was a $ bet. I never bet that much on a single hand but, was more than happy.


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I know, it depends on Pen, rules, how many players at the table, indexes, bet spread etc. Short answer short question: what is the hourly EV for.


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Both are less than , so we surrender. Note also how EV(hit) > EV(stand), where in Blackjack, it's the other way around. There are several reasons why EV(​hit).


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From Wizard of Odds, that bet is worth $ in EV per $1. It was a $ bet. I never bet that much on a single hand but, was more than happy.


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I know, it depends on Pen, rules, how many players at the table, indexes, bet spread etc. Short answer short question: what is the hourly EV for.


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ev in blackjack

New post lock available on meta sites: Policy Lock. Expected value for blackjack Ask Question. If one becomes a skilled counter, they can place higher bets during stages in which the player has the probabilistic advantage over the casino. Betting a lesser amount each time does not change the odds of winning a single hand, but it does lower the variation of your return. The study of these changing probabilities is what lead to the birth of card counting. In other words, the probability that you end up in the plus gets lower the more bets you make. Number 3, your EV is affected by the initial value of the wager. Sign up using Email and Password. Asked 4 years, 7 months ago. Feedback post: New moderator reinstatement and appeal process revisions. Dec 3 '15 at Josh Josh 11 2 2 bronze badges. Hot Network Questions. This means if you decide to gamble the remaining 1, dollars on your next hand that you're only liable to lose 1, dollars while you could also possibly win 1, dollars. Note that probabilities of winning fluctuate as cards are constantly being dealt, due to ratio of high cards good to low cards bad remaining in the deck fluctuates. Let's assume you've been wagering 10 dollars per hand up to this point and for arguments sake have played a total of 20 hands.

Mathematics Stack Exchange is a question and answer site for people studying math at any level and professionals in related fields. If played correctly, card counters generate a positive EV using strategic betting, and actually ev in blackjack a profit over a long period of time.

Home Questions Tags Users Unanswered. The certainty is that either you or the dealer will have a Blackjack. As you play an infinite amount of hands, you would always lose money because you would win less than 50 percent of the time. This is the equalizer in this game; hence the name Blackjack!

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I assume what you're referring to is the basic strategy for Blackjack having a negative EV in a typically available variant of Blackjack. Eric Just click for source. It only takes a minute to sign up.

Related 0. Featured on Meta. Ev in blackjack Required, but never shown. Post as a guest Name. Number 1, the final 4 cards in this example are dependent ev in blackjack the previous 48 cards played.

By this rationale, wouldn't your highest odds of winning be if you only played one game? In the game of blackjack, the odds of winning each hand are slightly less than 50 percent.

Imagine a standard deck consisting of 52 cards with each card being played in a game of Blackjack with the exception of an Ace of spades, king of diamonds, 10 of clubs, and ev in blackjack jack of hearts. NB: The above is assuming you bet the same amount multiple times, e. You're down dollars. Here's the second rub, a Blackjack pays the player 1.

Unfortunately, you've lost all 20 hands thus best craps odds in tunica. Active 11 months ago.

I mentioned that approach because, if you're goal is to merely make a winning i. Number 2, your EV is affected by the particular rules of the game in this example the fact that a Blackjack results in a 1.

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The composition of the four remaining cards is knowable even if the order isn't. As you play more and more games, although it seems like you would eventually win, if you lose say the 12th game in a row, you will have catastrophic losses which seem like they would balance out your winnings. It would be even better not to play at all, but in that case the chance that you win is of course zero. Here's the first rub, the composition of remaining cards is dependent on the cards that are already dealt. Jonathan Yoder Jonathan Yoder 39 1 1 silver badge 3 3 bronze badges. Please edit and use MathJax to properly format math expressions. You can calculated your EV here simply as. Otherwise, eventually, you will blow up. Question feed. Your initial premise stated an infinite number of hands, but I'm assuming there wouldn't be an infinite number of decks since you can play an infinite amount of hands with only one deck. But there are other strategies, for instance this one , that uses Martingales. In the example I've outlined you can see a few of the basic dynamics of the game in action. Sign up or log in Sign up using Google. The best answers are voted up and rise to the top. Viewed 4k times.