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							<channel><title>New Posts For Thread: Blackjack variance / maths</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths</link><description>Hi, hoping for help with a question.If a blackjack game is set up with a 99.53% return to player, what is the probability that after 5,000 playing basic strategy, the player has a return that is&lt; 100%&lt; 99%&lt; 98%&lt; 97%&lt; 96%&lt; 95%&lt; 94%&lt; 93%&lt; 92%Any though</description><item><title>Do you have basic programming skills?  If so, this is really easy to do a Monte Carlo simulation for (i.e. create the conditions for the game then simulate it X number of times).</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=548138845#548138845</link><description>Do you have basic programming skills?  If so, this is really easy to do a Monte Carlo simulation for (i.e. create the conditions for the game then simulate it X number of times).</description><pubDate>Sat, 19 Mar 2016 23:57:27 -0500</pubDate></item><item><title>I found a copy of Epstein and sure enough there is a whole chapter devoted to Blackjack.Far too difficult for me but I noted this; "Blackjack has a memory (the interdependence of the cards) and a conscience (inferior play will inevitably be penalized</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=548034379#548034379</link><description>I found a copy of Epstein and sure enough there is a whole chapter devoted to Blackjack.Far too difficult for me but I noted this; "Blackjack has a memory (the interdependence of the cards) and a conscience (inferior play will inevitably be penalized</description><pubDate>Wed, 09 Mar 2016 13:39:25 -0600</pubDate></item><item><title>Theory Of Gambling And Statistical Logic - Epstein is what you need.</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=548017497#548017497</link><description>Theory Of Gambling And Statistical Logic - Epstein is what you need.</description><pubDate>Mon, 07 Mar 2016 04:34:59 -0600</pubDate></item><item><title>I was cheated that other time - and got the money back. I'm trying to claim a RTP of 93.2% over 5000 hands is outside the normal parameters for variance.</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=547857223#547857223</link><description>I was cheated that other time - and got the money back. I'm trying to claim a RTP of 93.2% over 5000 hands is outside the normal parameters for variance.</description><pubDate>Fri, 19 Feb 2016 15:28:08 -0600</pubDate></item><item><title>Presumably you are trying to claim that you have been cheated (again)?  Doubt that you are going to get very far unless something egregious happened like you lost 4000 of the 5000 hands.</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=547853815#547853815</link><description>Presumably you are trying to claim that you have been cheated (again)?  Doubt that you are going to get very far unless something egregious happened like you lost 4000 of the 5000 hands.</description><pubDate>Fri, 19 Feb 2016 11:16:40 -0600</pubDate></item><item><title>The odds on greater than 100% return is 1 in (1/0.9953)^5000, which is a very large number. The odds on the other outcomes are very large also.</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=547849715#547849715</link><description>The odds on greater than 100% return is 1 in (1/0.9953)^5000, which is a very large number. The odds on the other outcomes are very large also.</description><pubDate>Fri, 19 Feb 2016 00:20:28 -0600</pubDate></item><item><title>no .. none whatsoever</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=547825089#547825089</link><description>no .. none whatsoever</description><pubDate>Tue, 16 Feb 2016 14:22:15 -0600</pubDate></item><item><title>Any thoughts on this?</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=547819331#547819331</link><description>Any thoughts on this?</description><pubDate>Tue, 16 Feb 2016 03:18:46 -0600</pubDate></item><item><title>Hi, hoping for help with a question.If a blackjack game is set up with a 99.53% return to player, what is the probability that after 5,000 playing basic strategy, the player has a return that is&lt; 100%&lt; 99%&lt; 98%&lt; 97%&lt; 96%&lt; 95%&lt; 94%&lt; 93%&lt; 92%Any though</title><link>https://community.betfair.com/general_betting/go/thread/view/94082/30653257/blackjack-variance-maths?post_id=547813631#547813631</link><description>Hi, hoping for help with a question.If a blackjack game is set up with a 99.53% return to player, what is the probability that after 5,000 playing basic strategy, the player has a return that is&lt; 100%&lt; 99%&lt; 98%&lt; 97%&lt; 96%&lt; 95%&lt; 94%&lt; 93%&lt; 92%Any though</description><pubDate>Mon, 15 Feb 2016 10:14:08 -0600</pubDate></item></channel></rss>
