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Old 02-04-2005, 01:42 PM
stocktrader23 stocktrader23 is offline
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Join Date: Mar 2004
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Default Re: Gambling Probablility Question. Math Wiz Please Help!

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Hi, I've been having great success with a betting strategy I've been using for blackjack and baccarat. ...
Assuming a 48% chance of winning any given hand, what are the odds of NOT winning 2 in a row for 10, 20, etc hands?

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I know you didn't ask, but progression betting strategies do not give you an edge. You have a high chance of winning a small amount, and a small chance of losing a huge amount. But on average, the house keeps the edge.

alThor

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Yes I know. I have been a winning blackjack player for years. By strategy I mean playing in a way where if I win I win big but if I lose it's a limited loss. I've done ok with it be it a very long good run or whatever. It's fun, don't have to think as much as poker. [img]/images/graemlins/wink.gif[/img]
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