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Reply To: This is how online casinos make money

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#721535
Anonymous
Inactive
NolanA wrote:
The expected return is expected return per hand * bet per hand * num hand. In this case both the expected return per hand after splitting is low, and increasing num hands decreases in further. When comparing expected returns in both situation, hitting is your best option in general circumstances. Surrendering/standing is your best option using a single deck with a 7-7 vs 10 as the odds of drawing a 21 are greatly decreased with only 2 7s left in the deck.

There are possible reasons for multi-hand play, which are listed below.

1. A reduced variance (with same overall initial bet size) — This is important, if you care about variance, as many pros do. But we aren’t talking about variance

2. A slight benefit from “depth charging” — Recall that this is counting cards in one hand and altering strategy in the second. If you are playing 4 decks with online rules (unknown shuffle, often shuffle after each hand), then the benefit will be negligible.

Why do you think just about every pro who plays multi-hand doesn’t split 10s in general circumstances (excluding a few special card-counting situations) while playing multi-hand?

One situation would be playing through a large wagering requirement and wanting to minimize deviation from expected return. The reduced variance from multi-hand increases chance of falling near expected return when overall bet size is the same. However, it does not change house edge.

One possible advantage would be counting cards in a single deck. If you played 5 hands and knew the cards played in the first 4 hands, you could increase bet on the 5th and have a slight benefit. If you were playing at casino with live dealers that had known shuffle points, the benefit would be greater.

How many times have I said house edge is the same when bet size and wagering are the same. If you double wagering by playing more hands simultaneously or more single-hands sequentially, then loss from house edge doubles.

If you could change how many seats you were playing after seeing the dealer 6, then it would be to your advantage to sitting at all possible seats. Unfortunately you can not do this. It would not be to your advantage to split however, and reduce your expected return per hand drastically.

The dealer has a ~10% chance of drawing a 21, regardless of whether you stand or split. He will not beat you 0 times. If he gets 21, you will almost certainly lose the several (or all) hands. REMEMBER THAT LOSSES COUNT EVEN IF YOU DON’T LOSE ALL HANDS SIMULTANEOUSLY.

Actually the dealer has a better chance of getting 21 than you do on each hand, when you split. It’s 10% for the dealer and ~1/13 for the player (only if you draw an Ace).

My odds are correct. It is ridiculous to think that odds and strategy differences change drastically for two-handed play. What happens if you are in a B&M casino and someone is sitting next to you? Do odds and strategy change drastically then to? And if he moves away, then odds and strategy return to the default?

I like the fact that you take the time to explain each situation and fight for your team, it’s admirable

But i must point out some mathematical errors to you

The dealer does not have a better chance of hitting 21 with a 6 than i do with my 10’s, i don’t need just an ace, i can get a combination of other cards, 2-9, 3-8, 4-7, etc

So the dealer drawing to 21 advantage does not exist, since i have a better chance of getting a 21 total with my hands.

According to howard, the odds just changed, what are we, at the track ?

And i know michael is the marketeer for the wizard, so that explains that

This is never going to end, michael can try to discredit me all he wants, since he doesn’t seem to be good for anything else, but that doesn’t change the facts.

This is not a communist dictatorship here, agree with the wizard or else