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-   -   Flop is all red (http://archives2.twoplustwo.com/showthread.php?t=358017)

Doc7 10-17-2005 01:35 PM

Re: Flop is all red
 
Hm, duh (?). i think i didn't understand that you win back ONLY 8 dollars and not NINE dollars (your dollar PLUS 8 more)

so you are really getting 7-1 on a 7.5-1 shot. right?

SheetWise 10-17-2005 02:17 PM

Re: Flop is all red
 
Right.

10-17-2005 03:02 PM

Re: Flop is all red
 
This thread is played out of course, but I just wanted to point out that you could solve this with logic and very elementary math, such that you could have figured it quickly at the table.

If there were an infinite number of cards, equally split between black and red, the odds of getting three straight reds would be 1/8 ((1/2)^3). So you're getting 7-to-1 on 7-to-1, or 8-for-1 on 8-for-1, or whatever. Neutral EV. Because we're playing with a 52-card deck however, not an infinite deck, the odds of each successive red card will be slightly less than 50/50, and our odds will be slightly less than 1/8. Hence a slightly -EV bet.

10-17-2005 03:36 PM

Re: Flop is all red
 
[ QUOTE ]
This thread is played out of course

[/ QUOTE ]
Nonsense.

What all you 'math' guys DON"T GET is that Party can easily rig their blackjack to make more money. There is no BlackjackTracker. If they nudge their edge up a little past what they have already, they make a TON more money instead of having TAGs cash it out.

Wake up and smell the coffee people. And spread the word [img]/images/graemlins/wink.gif[/img]

SheetWise 10-17-2005 04:08 PM

Re: Flop is all red
 
[ QUOTE ]
What all you 'math' guys DON"T GET is that Party can easily rig their blackjack to make more money.

[/ QUOTE ]
I believe we GET it. I don't play online 21 -- not because I believe it's rigged, but because it can't be beat using conventional play. PP could just as easily foil any poker tracker by introducing bogus players and other methods. B&M games can be compromised by misuse of surveillance equipment, etc.

Do you have reason to suggest they can't be trusted? That the official play-of-the-game explanation is less than honest?

They have a lot to lose, and I doubt they would resort to manipulation over an honest change of the rules. It would be really stupid -- but I'm interested in what you know.


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