Poker Strategies
After receiving pocket cards, you are immediately faced with a choice: play your cards and either raise or call the blinds, or fold.
Practice Matters
Blackjack: Determining the “Winning’’ 1931 Printed in the United States of America 1932 Blackjack: Determining the Winning Ability of Your Betting System. 1933 surprise? No! 1934 Background/References 1935 Applying Betting Strategies to Wiley’s Work and Flat 1936 A Win Streak starts 1937 A Lose Streak starts 1938 Win Streak bet 1 is a little tricky. 1939 A cycle is defined as a Win Streak followed by a Lose Streak or visa versa (a Lose 1940 4) The average amount lost 1941 With this introduction, using flat betting, let’s investigate the Double-up/Martingale 1942 Some observations about Table 4-1: 1943 3) The win streaks result in continuous losses 1944 The risk of loss is (-$635) in two ways. 1945 Now let’s see where an ‘ideal’ betting strategy might lead 1946 2) During the Lose Streaks the bets are a Martingale 1947 4) Dividing each of the Differences by the Theoretical Number of Streaks 1948 6. Modified Version of the ‘Ideal’ Standard Betting Strategy 1949 To avoid huge losses one can reduce both the win and lose streaks 1950 7. Unmodified/Truncated Betting Strategy 1951 Some observations about Table 7-1 are: 1952 3) The Average Winnings per Cycle has increased to $18.71 compared 1953 The betting strategy in Table 7-1 might appear quite strong but remember the casino 1954 Now, after all of the above, move on to Section 8 1955 Summarizing the above comparison of the two betting systems reveals that betting 1956 With more money on each bet when Blackjacks, Double Downs or Pair Splits occur 1957 9. Saw Tooth Betting Systems 1958 10. Money Management 1959 11. Summary and Conclusions 1960 It should be noted that for this Modified Saw-tooth/Progressive Method of Betting 1961 Tables 1962 Appendix 1963 Blackjack: Determining the Winning Ability of Your Betting System 1964 Blackjack: Determining the Winning Ability of Your Betting System 1965 Blackjack: Determining the Winning Ability of Your Betting System 1966 Tables 8-1, 8-2, and 8-3 1967 Table 8-3 Author’s Regression-Progression/Progressive Betting (50/50 game) 1968