How many hands will it take?
So how many hands must we play? In this chart we still have a goal of 2,000 units, but we fix the bankroll at 1,000 units and look at the probability of reaching the goal at various numbers of hands. At 4,000 hands we have a tiny chance. At 10,000 hands we have a 20% chance of doubling our bankroll, which matches the above chart. The probabilities grow quickly as the time increases and starts leveling off above 30,000 hands. We reach a 90% chance at 66,000 hands.
www.qfit.com/book/z141Chart.gif
· Sim specifications for this, the previous and the next page:
· Six decks, S17, DAS, LS, 4.8/6 penetration, 4 players, Hi-Lo, truncate, full indexes, half-deck resolution
· Five billion rounds each, all sims use a fixed betting schedule of 1 to 15 units.
© 2009 Norman Wattenberger
