Hey Folks,
I've been in the process of creating a new strategy. It is based off of the RPC-lite strategy as described on Norm Wattenberger's QFIT.com site. One of the key ways it differs from the RPC is that you true count per WHOLE DECK. I've created myself a set of indices and have determined what I think is a good compromise betting ramp. My question is: What would be the best way to determine an optimal wong-out point?
How is this for a first guess: Find the point where your negative EV is comparable to a known wong-out point in another strategy. If you consider the Hi-Lo's wong-out point of -1 true, find its average EV at that point (according to CVCX it is -1.6% at -1 TC) then I determined that a similar negative EV would occur at a RPC TC of -2. Is this a reasonable way to approach this or am I missing something?
I've been in the process of creating a new strategy. It is based off of the RPC-lite strategy as described on Norm Wattenberger's QFIT.com site. One of the key ways it differs from the RPC is that you true count per WHOLE DECK. I've created myself a set of indices and have determined what I think is a good compromise betting ramp. My question is: What would be the best way to determine an optimal wong-out point?
How is this for a first guess: Find the point where your negative EV is comparable to a known wong-out point in another strategy. If you consider the Hi-Lo's wong-out point of -1 true, find its average EV at that point (according to CVCX it is -1.6% at -1 TC) then I determined that a similar negative EV would occur at a RPC TC of -2. Is this a reasonable way to approach this or am I missing something?