{"id":124933,"date":"2023-06-12T08:10:00","date_gmt":"2023-06-12T15:10:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/?p=124933"},"modified":"2023-06-12T08:10:06","modified_gmt":"2023-06-12T15:10:06","slug":"casino-money-math","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/casino-money-math\/","title":{"rendered":"CASINO MONEY MATH"},"content":{"rendered":"\n

This post is syndicated by the\u00a0Las Vegas Advisor<\/em>\u00a0for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.<\/p>\n\n\n\n

AC says: Don\u2019t let the technical nature of this article put you off. The lessons it imparts are good. The discussion of independent (vs. dependent) trials explains why card counting works. Blackjack is a game of dependent trials: It has a \u201cmemory,\u201d which means that what\u2019s happened prior influences what will happen subsequently. It\u2019s the reason the game can be beaten. The discussion of standard deviation makes the point that you aren\u2019t guaranteed to win when you have the edge. However, if you\u2019re playing with an advantage, the more hands you play, the more likely that advantage will be realized. Even expert players run the risk of being stopped out of a good game if they don\u2019t have the bankroll necessary to withstand the fluctuations.<\/p><\/blockquote>\n\n\n\n

T<\/b>his article was written by Nicholas Colon in association with 888Casino. <\/a><\/em><\/strong><\/p>\n\n\n\n

Casino Money Math<\/h2>\n\n\n\n

Understanding the statistics used by casinos is essential in evaluating results. We use this to determine whether the results, bad or good, are a function of luck or skill. Here I will apply the statistical analysis to\u00a0blackjack<\/a>, but with minimal effort this can be applied to any casino game.<\/p>\n\n\n\n

Blackjack does not adhere to the traditional mathematical laws of gaming. Most games of chance reflect the mathematical concept known as \u201cthe law of independent trials\u201d that states that past events have no relevance on future events.<\/p>\n\n\n\n

Click to continue reading …<\/strong><\/a><\/p>\n\"Facebook\"<\/a>\"twitter\"<\/a>\"youtube\"<\/a>\"instagram\"<\/a>","protected":false},"excerpt":{"rendered":"

This post is syndicated by the\u00a0Las Vegas Advisor\u00a0for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page. AC says: Don\u2019t let the technical nature of this article put you off. The lessons it imparts are good. The discussion of independent (vs. dependent) trials explains why card […]<\/p>\n","protected":false},"author":30,"featured_media":124934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[2],"tags":[],"yoast_head":"\nCASINO MONEY MATH - Gambling With An Edge<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/casino-money-math\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CASINO MONEY MATH - Gambling With An Edge\" \/>\n<meta property=\"og:description\" content=\"This post is syndicated by the\u00a0Las Vegas Advisor\u00a0for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page. AC says: Don\u2019t let the technical nature of this article put you off. The lessons it imparts are good. 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