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Honest Al
09 Oct 12 22:17
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Date Joined: 26 Dec 00
| Topic/replies: 116 | Blogger: Honest Al's blog
On a Punto-Banco game what is the probabilty of winning 50 units on a game
where say 250 hands were dealt? (probable score 138 bank / 24 tie / 88 player wins)

For arguments sake let's assume that the player is playing the bank every time
at level stakes with a house edge of 1.06%.

Any ideas?

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Replies: 9
By:
lee h2
When: 10 Oct 12 10:48
Hello

phil ivey, how u doing...lol!
By:
dave1357
When: 10 Oct 12 15:02
Its an immaterial probability - "unlikely" things happen all the time because there are many attempts at these unlikely things, so obviously some of them are going to happen.

If you sit down with 10 bets and decide to play until you lose the ten or win 50, you will do this about 8% of the time (assuming a .4938 probability of winning).  The average length of this game would be 409 coups.
By:
Honest.Al.2
When: 10 Oct 12 17:50
I have heard that the players in question may have been 'edge sorting' which is
technically not cheating, but taking advantage of non-perfect playing cards.
By:
dave1357
When: 10 Oct 12 18:18
you can't touch the cards in punto banco and the player has no decisions so can't see that this is correct
By:
Honest.Al.2
When: 10 Oct 12 18:46
Dave,

We are a bit short on the info at the moment, but have a look at the following article:

http://www.worldgameprotection.com/the-catwalk/ptz/BOSVIEW/When-it-Comes-to-High-Rollers-Watch-Your-Backs/

The Asian companion was involved with sort teams that played in Las Vegas last year.
By:
dave1357
When: 10 Oct 12 20:47
yeah right - any casino that fell for that absolutely deserves what they get.
By:
Pandoras
When: 04 Oct 14 23:56
This case is now in the High Court
.
http://www.dailymail.co.uk/news/article-2779751/Top-poker-player-accused-cheating-casino-7-7million-claims-never-break-rules-integrity-matters-winning.html
By:
bongo
When: 09 Oct 14 12:41
The casino won:

.
http://www.theguardian.com/sport/2014/oct/08/top-poker-player-phil-ivey-loses-court-battle-7-million-winnings

It goes to show that if you're going to beat the casino, you shouldn't be greedy and just take enough so that they don't get too suspicious and you get paid on the day
By:
page-413
When: 11 Oct 14 14:44
11% approx
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