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Reply To: This is how online casinos make money

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#721231
Anonymous
Inactive

Lets get the wizard up here to slobber over this

All kidding aside, i took digs at the man, when really all he did was provide players with sound statistical probabilities, unfortunately for everyone if you wanna join me up in the champs lounge, you need advanced technology, and that’s where i come in to pick up the slack, and take over for the wizard.

First i will explain his formula

What you need to remember is that his formula is based on playing only one hand at a time

Keep that in mind, because after i’m done even the simplest mind should be able to make sense of this

Standing = 0.85 (will win 85% of the time)
Splitting = 0.64 (will win 64% of the time)

The wizards formula for one hand play in this situation is this

Standing – (0.85 x 1 = 0.85) – (0.15 x 1 = 0.15) = 0.70

Splitting – (0.64 x 2 x 1 = 1.28) – (0.36 x 2 x 1 = 0.72) = 0.56

Which you have all been saying over and over again, without even questioning the fact that your math could be wrong)

Well, your math is not wrong, those are the correct numbers, as Darko just posted.

But

The correct formula for 2 handed play in this situation is this

Standing – (0.85 x 2 x 1 = 1.7) – (0.15 x 2 x 1 = 0.3) = 1.4

Splitting – (0.64 x 4 x 3 x 2 x 1 = 15.36) – (0.36 x 4 x 3 x 2 x 1 = 8.64) = 6.72

Huge difference

And that my friends is the only correct formula to apply to this situation

It’s called the probability factor

Now you know why they call me the champ