So what is the math to determine the odds of a streak of X or more occurring within Y number of hands (pushes don't break the streak)? Can I refer back to a previous post?
Thanks! Exactly what I was looking for.
Thanks! Exactly what I was looking for.
Muppet, Nynefingers and Sonny.
Thanks for all the input on this. Read, and reread , the posts and watched the video.
I think I get the concept on the independence thing but a bit confusing. I will continue chewing on it.
I got the point on the calculation. Probability somewhere in the 1:1600 - 1:2500 bracket, probably toward the higher side.
That is enough of an answer to resolve my issues, at least as far as this question
Thanks for the education. Much appreciated.
I believe that is why the referenced website shows a lower probability of a particular losing streak within a given hand sample size. I don't know the math to calculate the correct odds given the dependence problem, so I would approach it with a simple simulation.
Close. What are the chances of at least one 10 hand losing streak within a sample of 2000 hands? It isn't 1991x=1.62=162%. The calculation you did gives us the expected number of 10 hand losing streaks in 30 hands. The chance of having a 10 hand losing streak in 30 hands would be
1-(1-x)^21 = 0.0170