Counting and Betting basic stategies.

bjcount

Well-Known Member
#41
sagefr0g said:
i also hope some one can clarify that point. i can just say i've noticed in stuff that talks about risk of ruin that the point about doubling your bankroll is often mentioned. but i don't know how one is supposed to relate that information.
i do remember a poster moo, i believe it was talking about how we should all be careful of what ROR it was we were referring to. like is it life time ROR, or maybe i'm not sure ROR till you double your roll. :confused:
what ever i hope as you do some one clarifies this.
As it pertains to the sim:
per qfit,
Risk of Ruin - The chance that you will lose the bankroll that you have set at the top of the page.

If JJ would add the risk widget to his sims for you, you would see the percentages of reaching your specific goal. JJ if you look at the widgets, set the goal for $2000 which is double his $1000 BR. The percentages should not be high in his favor.

BJC
 
#42
bjcount said:
Howie
Make sure you understand the chart properly.
1) It is set for 100 hands/hr, but when you backcount - Wong out +1 the sim says you are playing only 24.4% of the 100hands/hr. In other words you are playing approx. 25 hands (rounds)/hr. I say rounds because you are now spreading to two hands per round (which would equal 50 hands).
2) The RoR is based on a $5000 BR
3) Your avg bet is just over double at the custom rate vs optimal, but your RoR is 5 times greater.
4) There are 4 players at the table including you would mean there are 5 boxes on the table with bets (your x2)

5) Do they play ENHC where you are?

So understand your risks are much greater then using the optimum schedule.

You should really read some books first before you continue to play for real money.

BJC
Yes ive ordered some books, ive got an old version of casino verite and also the coffee table. My aim is to learn as much as possible in 6 months, in which by that time I should have enough knowlegde, plus a bakroll of $5000 plus..

And yeah I can see what u mean by the optimal.. might even stick to that when the time arises.. Its RoR is faily low, thats what im after
 

Kasi

Well-Known Member
#43
sagefr0g said:
i also hope some one can clarify that point. i can just say i've noticed in stuff that talks about risk of ruin that the point about doubling your bankroll is often mentioned. but i don't know how one is supposed to relate that information.
i do remember a poster moo, i believe it was talking about how we should all be careful of what ROR it was we were referring to. like is it life time ROR, or maybe i'm not sure ROR till you double your roll. :confused:
what ever i hope as you do some one clarifies this.

Well, if your lifetime ROR is 50%, it does mean, if you play "forever", you will lose your orig roll half the time.

It also means that your risk of doubling roll before losing it all is less than that because sometimes, on the way to playing "forever", one will double his roll and yet still lose that doubled amount after playing "forever".

Do a "goal reach" calculator with no time limit and you'll see lol.

With a 50% lifetime ROR, you'll probably have a 1/3 chance of losing it all but a 2/3 chance of doubling it. In other words, if you double it while willing to play "forever", you will stop once you have achieved your goal of doubling orig roll. From that point forward your lifetime ROR is down to 33% from the orig 50% should you choose to continue playing.

At some point, "forever", from a practical point of view will mean that a bunch of hands is ~same as a million more hands than that. It will never reach 50% but it might reach 49.9999999999999% after alot, but a fixed number, of hands.

Throw in a time limit, like what are the chances of doubling roll in the next 10000 hands vs losing it all or some portion of orig roll, and it's a whole different "ROR" definition lol.
 

jack.jackson

Well-Known Member
#44
bjcount said:
As it pertains to the sim:
per qfit,
Risk of Ruin - The chance that you will lose the bankroll that you have set at the top of the page.

If JJ would add the risk widget to his sims for you, you would see the percentages of reaching your specific goal. JJ if you look at the widgets, set the goal for $2000 which is double his $1000 BR. The percentages should not be high in his favor.

BJC
Look's like im learning a little myself. Thank's, I keep that in mind. Actually I was hoping, that frogguy would do that for me:)
 

sagefr0g

Well-Known Member
#45
jack said:
Look's like im learning a little myself. Thank's, I keep that in mind. Actually I was hoping, that frogguy would do that for me:)
i guess by widgets bjcount means for instance the 'risk calculator' or 'goal reach' calculator like Kasi's talking about?:confused:

like ok i went ahead and ran the 'goal reach' calculator trying to use the last sims parameters as below===>>
i'm still a bit lost, lol.:confused::whip:
 

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bjcount

Well-Known Member
#46
sagefr0g said:
i guess by widgets bjcount means for instance the 'risk calculator' or 'goal reach' calculator like Kasi's talking about?:confused:

like ok i went ahead and ran the 'goal reach' calculator trying to use the last sims parameters as below===>>
i'm still a bit lost, lol.:confused::whip:
Your using the calculator, go under customize and ther is a heading called widgets. Choose the different widget you want to see. There are many to choose from, you can see I added Risk, Hours to Gain, actual chart results, expected results, actual results, pen performance.

BJC
 

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bjcount

Well-Known Member
#48
jack said:
Bjcount or sage?

Since your playing two hands: would 50 rounds, be considered 100 hands per hour??
Yes, if your set at 50 hands/hr and not backcounting.

If you are not backcounting, playing 2 hands @ 100 rounds/hr = 200 hands/hr

If your percentage when you backcount is 24% and your playing 2 hands @ 100 rounds/hr then your playing 24x2 hands per round = 48 hands/hr.

BJC
 

StudiodeKadent

Well-Known Member
#49
StudiodeKadent said:
Given the rules you listed (and some of the words you are using) its fair to guess you are Australian right? The rules you list sound like Crown in Melbourne. I'm an Australian myself, Brisbane (where the Treasury Casino has taken more money than I'd like to admit, partly due to inexperience when I gambled there and partly due to its "no surrender/6D CSM/Double on 9-11 only/Dealer takes everything/No resplitting aces" rules).
I hate to resurrect the thread but I made a mistake about the Treasury's rules. The dealer takes original bets only against a blackjack (i.e. additional wagers for splitting and doubling are returned). Of course if you bust your hand then you immediately lose your bet, but thats to be expected.

However, you can only split once.

Total house edge at the Treasury is 0.57% under perfectly-played total-dependent BS.

Crown is more liberal in that you can split up to three hands (i.e. 1 split and 1 resplit), however you cannot resplit aces.
 
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