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Reply To: This is how online casinos make money

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#721015
Anonymous
Inactive
NolanA wrote:
Have you heard of a thing called, “house edge”?

That would be true if the 64% favorite remained constant regardless of bet size, but that is not the case here. You have an 80% chance of winning if you bet 1x; and a 61% chance of winning if you bet 2x. A high school algebra student could tell you that, your average gain will be higher if you take the 1x bet.

No, I am saying the the overall expected gain is higher, not just the chance of winning:

2*(0.61-0.33) = 0.56 (“2” because 2x bet)
1*(0.80-0.10) = 0.70 (“1” because 1x bet)

Of course this was included.

You are repeating yourself within the same post. I’ll also repeat myself… That would be true if the 64% favorite remained constant regardless of bet size, but that is not the case here. You have an 80% chance of winning if you bet 1x; and a 61% chance of winning if you bet 2x. A high school algebra student could tell you that, your average gain will be higher if you take the 1x bet.

Strategy tables generally are created by players or analysts, not casinos.

We are not talking about doubling on 1 card hands. We are talking about splitting 10s. If a casino did allow double on 1 card hands, the rule change would favor the player.

That’s why we use sims and math. You can analyze every possible outcome with a computer simulation and mathematically determine the optimal strategy. Of course sims always say to stand on 20, rather than split 10s.

You would likely have been more successful, if you didn’t split 10s. You can win with optimal strategy as well as including small deviations from optimal strategy. I made tens of thousands of dollars last year playing BJ with optimal strategy.

You know what Nolan

You could’ve saved yourself all this aggrevation if you had only read what i said from the start correctly

I specifically said to split and double down on the 10’s, not just split

This is well within the house rules, as i provided the link above, maybe not online, but it is a rule that is beneficial to the player(which we surprisingly agree on)and one that most casinos should honour

So it’s not 2x like you want it to be, it’s 4x like i made very clear