Two Plus Two Older Archives What's wrong with this BJ strategy?
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#1
10-09-2005, 12:07 AM
 Guest Posts: n/a
What\'s wrong with this BJ strategy?

If you bet the min, say \$1, if you win, you bet the min again, if you lose, you bet \$3 next. If you lost, bet 7, if you lost bet 15. Then stop at 15 if you lose and bet \$1 again. I figure you have more than a 50% chance of losing, but let's just say 50%. 0.50^4=0.0625 So the expected value of an average four hand series is 4*0.9375 - 26*0.0625 right? Isn't that +EV?
#2
10-09-2005, 12:39 AM
 timex Junior Member Join Date: Jan 2005 Posts: 4
Re: What\'s wrong with this BJ strategy?

1/2 of the time, you win \$1, 1/4 you win \$2 1/8 you win \$3 1/16 you win \$4 1/16 you lose \$26 ,(1 * 1/2) + (2 * 1/4) + (3 * 1/8) + (4 * 1/16) - (26 * 1/16) = 0 which means your strategy breaks even if blackjack was an even EV game.
#3
10-09-2005, 03:59 AM
 CORed Senior Member Join Date: Sep 2002 Posts: 273
Re: What\'s wrong with this BJ strategy?

Betting progressions try to get a positive number by adding up a bunch of negative numbers. What a shock! It doesn't work.
#4
10-09-2005, 11:16 AM
 SheetWise Senior Member Join Date: Jul 2005 Location: Phoenix Posts: 841
Re: What\'s wrong with this BJ strategy?

This is not a BJ strategy -- it's a wagering strategy.
#5
10-12-2005, 03:20 AM
 Guest Posts: n/a
Re: What\'s wrong with this BJ strategy?

You lose 4 in a row a lot more often than you think, and when you do your strategy goes out the window cause it will take you a while to make it back \$1 at a time.
#6
10-14-2005, 02:44 AM
 lastsamurai Senior Member Join Date: Mar 2005 Location: la la land Posts: 222
Re: What\'s wrong with this BJ strategy?

[ QUOTE ]
This is not a BJ strategy -- it's a gambling junkie strategy.

[/ QUOTE ]
FYP

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