By: smackfu

February 14th, 2009

Posted by admin in BlackJack Strategies | No Comments »

Incidentally, your original calculation shows the danger of rounding intermediate values:

So we have a 1.44% chance of that happening. 1.44796
Gives us 1.18% for that second scenario. 1.15837
So 2.62% of my having 15 and the dealer showing a 10 or face card. 2.60633

By: Brennus

February 14th, 2009

Posted by admin in BlackJack Strategies | No Comments »

How do you do a quick monte carlo simulation? Is there a software specific for that? I often want to run one but writing the program usually discourages me.

By: 0xFCAF

February 14th, 2009

Posted by admin in BlackJack Strategies | No Comments »

A quick Monte Carlo simulation agrees with ~2.61%

By: smackfu

February 14th, 2009

Posted by admin in BlackJack Strategies | No Comments »

I get 2.61%.

960 possibilities if your first card is a five (4 x 16 x 15)
960 possibilities if your first card is worth ten (16 x 4 x 15)
6 x 256 possibilities if your first card is A, 4, 6-9 (4 x 4 x 16)
= 3456 out of a total of (52 x 51 x 50) or 132,600 possibilities
= 2.61%

I think an infinite # of decks would change that to 2.54%, since the dealers third card would not be affected by your ten, and the number of possibilities would be 52 x 52 x 52 since cards aren’t used up.

Question: Math and Odds and Blackjack

February 14th, 2009

Posted by admin in BlackJack Strategies | No Comments »

What are the chances, in blackjack, that I will start with 15, and the dealer will be showing a 10 (or face card worth 10)?

Despite the fact that my buddy thinks the odds of this are near 100%, I’ve tried to calculate the actual odds (assuming a single deck).

I’ve come up with 2.62% -ish. Not really sure if I’m right.

I started with all the possible hands I could have.
2652 (52 * 51)

Then I figured out how many hands would give me 15.

64 hands with a 10 (or equivalent) and a 5.
64 hands with a 5 and a 10.
16 hands with a 9 and a 6.
16 hands with a 6 and a 9.
16 hands with an 8 and a 7.
16 hands with a 7 and an 8.
16 hands with an ace and a 4.
16 hands with a 4 and an ace.

These fall into two groups, those that have a 10, and therefore deprive the dealer of one, and those that don’t.

128 hands have a 10.
96 hands are 15 some other way.

If I have a 10, she has 15 cards left, out of 50, to get a 10.
If I don’t she has 16 out of 50.

So my odds of making a 15 using a 10 (or face card) are 4.8%.
Her odds of then having a 10 showing are 30%.

So we have a 1.44% chance of that happening.

-Plus-

Me making 15 some other way: 3.7%.
And her having a 10 showing: 32%.

Gives us 1.18% for that second scenario.

So 2.62% of my having 15 and the dealer showing a 10 or face card.

Two questions.
Assuming a single deck, is this correct?
Assuming multiple decks, what changes (if anything)?

If I’m wrong, where did I go wrong? (It would help my brain to have a combination of english and math to explain where I went wrong, rather than just something like “you should have used a factorial for possible hands 52!-4!”, etc…)

Thanks.

Kansas nears approval for Hard Rock Hotel and Casino

February 14th, 2009

Officials of the Kansas Racing and Gaming
Commissioners  (KRGC) are poised to approve a $705 million Hard Rock
Hotel and Casino
proposal at the Kansas Speedway next Friday during a
meeting in Topeka.

Government of Taiwan moving forward with plans for expanded gambling

February 14th, 2009

Following up on a campaign promise of
President Ma Ying-jeou, the Taiwanese government last week set up a
committee for the gambling industry which is charged with collecting
and studying gaming trends.

New casino for New York’s Long Island eyed

February 14th, 2009

Suffolk County politicians William Lindsay
and Wayne Horsley are saying they have seen estimates that a gambling
establishment
could generate millions in revenues. They say it’s also
possible 10,200 new jobs would be created, producing $445 million in
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Tribal gaming revenues soaring by $1 billion a year, industry reports

February 14th, 2009

Tribal gaming revenues in the U.S. may
exceed those of the 12 leading commercial gambling states, including
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New York expands gambling to bars, restaurants, racetracks

February 14th, 2009

New York Governor David A. Paterson is
planning to expand gambling to bars, restaurants and racetracks,
dramatically expanding the number of locales in the state where gamers
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next year.