Learn Blackjack Video Source & Info:
Learn what variance is in blackjack and how we can predict exactly how much we can expect to lose or win on a good or bad day. Knowing the expected variance in play will help ensure you do not lose all your money while at the blackjack table.
Source: YouTube
its not 1/5 if you roll the die again its still 1/6
Nice video man, a decent explanation of standard deviation. Thinking about Blackjack "systems", and this relates to what you were saying about intuition, but has anyone ever created a system to try and capitalise on the fact that variation occurs? E.g. we know there will be bad runs, we know there will be good runs, so the aim is to bet more during a good run, and bet less during a bad run?
In his videos Semyon Dukach goes over some of this math. In it he mentions that the standard deviation of blackjack is 1.1. Can you explain where this comes from and how it's derived?
Hey Mate thats a nice vid. Love it 🙂
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It's crazy that you'll have some days in a row where you are on an easy winning streak, like everything is going your way and then all of the sudden that next day your are just getting ripped to shreds. You are facing a wall. You bust on most of your stiff hands. Splits and double downs don't make it. Your good hands keep getting pushed. It'll drive you insane.
I implore you. Take your MEDS!
Hello, thanks for all the helpful videos. I was wondering where I could find t
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good refresher on math sir, thank you.
thanks for breaking down the math Innovator.
You bet 1 percent of your bankroll when you have the advantage hand so of you have 5 grand you bet 50 dollars. I would recommend at least a 10 grand bankroll to lower your risk of ruin. With a 10 grand bankroll you can bet 100 a hand which is 1 percent