Re: Party blackjack
the reason you are losing is because you do not understand the mathematics of blackjack, which is actually a profitable game if approached appropriately:
ON BLACKJACK (excerpt from How to Theoretically Beat Blackjack Using Logical Fallacies by Aaron Been and Jeffrey R. Garza)
The most important factor at work here is Reverse Gambler's Ruin which allows us to construct an infinite sequence of winning sessions. The construction works as follows: Take the outcome space for a session of gambling. The dimensions of this space are going to be isomorphic to a space constrained by the length of session, the amount wagered, and the standard deviation. If you assume a normal distribution you can map the outcome space onto a set of wager possibilities and find a optimal betting strategy. The key is that this mapping preserves order so we can scale our betting increments. If we define a new ordering by the inverse of profitability then we have our infinite sequence. The only problem? It violates well ordering.
However, the well ordering principle is axiom independent if we are operating in ZF set theory. Thus Godel's incompleteness implies our sequence is valid, and the triumph of man over reason is inevitable.
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