Open Archive 6
[ Read Responses | Return to the Index ]
[ Previous | Previous in Thread | Next in Thread | Next ]
Just so that there's no misunderstanding
Posted by Cyrus on 6 November 1999, at 5:47 a.m., in response to Yes but..., posted by Moe on 5 November 1999, at 11:44 p.m.
Moe's cover play at the Roulette table has an expectation at every turn of the wheel of
[(18/38)*(+$3)] + [(20/38)*(-$3)] + [(12/38)*(+$4)] + [(26/38)*(-$2)] =
[$1.421052]+[-$1.578947]+[$1.263156]+[-$1.36842] =
-$0.263159
Since Moe bets $3+$2 = $5 at every turn of the wheel, that means an average expectation of
-$0.263159 / $5.00 = 0.0526318
or -5.2%, just "like the book says" for the double-zero wheel..
Responses
The Open Archive 6 is maintained with WebBBS 2.24.060398.