Re: home blackjack dealer, can i handle variance?
[ QUOTE ]
Also, what do you mean by "up/down within $2500"? Thats how much your bankroll fluctuated? From down 2500 to up 2500?
[/ QUOTE ]
I recall swings that high (100 bets), yes. I'm not calculating or simulating it. That would be a comfortable range. I doubt all of the players are as bad as you state -- and I'm sure you'll get a lot of action below the max, so you're safe by my estimate. It's a lot different than poker -- you don't get to choose which hands to play. When you lose, it's not one bet -- it's like losing the pot in poker.
Later. I programmed a strategy for standing on 12, player stands on soft 17, no soft doubling, correct doubles on 9/10/11, player splits A's and 8's. 100k hands, almost 1100 hrs. of play with 5 players. Ran 3x, results -4.54,-4.22,-3.79.
Earning between $95 and $115 hr. with 5 players betting $5. Largest losing swing was $815 in 300k hands. 163 bets.
|