Recent content by ThodorisK

I got it now. The risk of ruin formulas for kelly betting which seemingly ignore variance, do not really ignore it, since variance is already included within the "k" factor, since: (kelly bet) = (kelly bet if variance was 1) / (variance), or (kelly bet)= ((payoff)(probability to win a...

Any of them with 4 decks?

Read chapter 2.1 and 2.2 only. I cannot find any calculator in the link you gave me for kelly betting. I Think they all refer to flat betting.

(Dead link: http://74.6.239.67/search/cache?ei=U...icp=1&.intl=us) Check the formulas for risk of ruin for kelly betting (go down to the "Drawdown formulae" chapter of the above link) It says that variance and edge do not affect the risk of ruin probability to lose a times (where 0<a<1) your...

I would be in London now, but I am banned from Napoleons and Palm Beach. So, since my bankroll is small, the reason I am not in a London casino right now is accomodation costs. Any counter who wants to host me at his home for 5 pounds a day, and I am there. We can also team up and count twice as...

These swings in so little time are within 1 sd? :eek: I dont believe that even if you all agree with it.

What higher maths are you on about? I just counted his fall in number of bets.

Amount lost / average bet = No of bets lost. i.e. that's the size of the fall in No of bets. What are you talking about?

6800/50= 136 bets in 100 hours? It's enough to make you run away from this casino as it is quite probable you were cheated. Anyway, check out these calculators: http://www.card-counting.com/blackjack-calculators.htm

Take a look at this article: (Dead link: http://www.blackjackforumonline.com/...truecount.html) Now that I am thinking about it, it seems that a (or the only?) reason (that the player's edge is less for more decks than for less decks for any particular true count, athough the true count is the...

The house edge for the rules of Coral, Willhill, Expect, VC, and I think Bluesquare (live dealer online casinos) for 8 decks, is 0.65%. However for one deck the house edge is only 0.11%. (I calculated this from the calculator...

The halves is easy and accurate enough. That's the one I am using. I think in the other more accureate systems you have to count aces separetely and use unbalanced counts, things that piss me off. If you definitelly do not want to ever bet on unfavourable situations because of the error of...

So, kc, it is better to use that calculator than counting with the halves system and use the basic strategy modifications according to the true count, right? (however these modifications are based on the hi-low system and not the halves, lol). Any idea how much extra edge I gain by using this...

Hitting 16 vs 6 is not so strange. You must hit at less than -13 TC. And if you know the exact composition, you should hit in cases when the TC is e.g. -12. But ... this should happen at a low money bet of his, and not a high money bet. How much had he wagered at this bet? Can someone see...

So this guy is saying that he has a super edge just because he decides bet size and modifies basic strategy according to the exact composition of the remaining cards. http://www.bewersdorff-online.de/black-jack/ This calculator does what this guy claims he can do. Is this edge that much...