Hello, looking at the strategy engine for Atlantic City rules (http://www.blackjackinfo.com/bjbse.php?numdecks=8+decks&soft17=s17&dbl=all&das=yes&surr=ls&peek=yes), I see a "house edge" of 0.39%. I have a few questions about this number:
1. Where does this figure come from?
2. What is it a percentage of? Basic bet or overall average bet? (I calculate that following this table with double/split equal to original bet results in overall average wager of 1.076 times the basic bet)
The main problem is that I can't reproduce it; in my own simulation I'm seeing a house edge of about $0.178 on a $5 basic bet, or a 3.328% house edge. You can see my simulation code (in perl) here: (Dead link: http://vectro.org/blackjack.pl)
Thanks for your advice. The output of one such simulation follows:
1. Where does this figure come from?
2. What is it a percentage of? Basic bet or overall average bet? (I calculate that following this table with double/split equal to original bet results in overall average wager of 1.076 times the basic bet)
The main problem is that I can't reproduce it; in my own simulation I'm seeing a house edge of about $0.178 on a $5 basic bet, or a 3.328% house edge. You can see my simulation code (in perl) here: (Dead link: http://vectro.org/blackjack.pl)
Thanks for your advice. The output of one such simulation follows:
Outcome statistics (200000 games, final outcome $-35677.50):
Mean: -0.17838750 (expected -0.0209 or -0.0185) Average Bet/Hand: 5.36
Standard Deviation: Sample: 5.89394 Population: 5.89395
Worst game: -30.00 Best game: 35.00
Expected mean and stddev for various number of trials:
10 trials: Mean $ -1.78 Stddev: 18.6383
99%-confidence: $ -49.79 to $ 46.22
100 trials: Mean $ -17.84 Stddev: 58.9395
99%-confidence: $ -169.66 to $ 133.98
500 trials: Mean $ -89.19 Stddev: 131.7928
99%-confidence: $ -428.67 to $ 250.28
1000 trials: Mean $ -178.39 Stddev: 186.3832
99%-confidence: $ -658.47 to $ 301.70
5000 trials: Mean $ -891.94 Stddev: 416.7654
99%-confidence: $ -1965.44 to $ 181.57
Mean: -0.17838750 (expected -0.0209 or -0.0185) Average Bet/Hand: 5.36
Standard Deviation: Sample: 5.89394 Population: 5.89395
Worst game: -30.00 Best game: 35.00
Expected mean and stddev for various number of trials:
10 trials: Mean $ -1.78 Stddev: 18.6383
99%-confidence: $ -49.79 to $ 46.22
100 trials: Mean $ -17.84 Stddev: 58.9395
99%-confidence: $ -169.66 to $ 133.98
500 trials: Mean $ -89.19 Stddev: 131.7928
99%-confidence: $ -428.67 to $ 250.28
1000 trials: Mean $ -178.39 Stddev: 186.3832
99%-confidence: $ -658.47 to $ 301.70
5000 trials: Mean $ -891.94 Stddev: 416.7654
99%-confidence: $ -1965.44 to $ 181.57