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Low-Content Forum Chatter Archived (May 2016 to Dec 2021) Low-Content Forum Chatter Archived (May 2016 to Dec 2021)

10-26-2020 , 11:09 PM
Quote:
Originally Posted by PokerHero77
We already know he wrote AP books about blackjack.

I don't know with absolute certainty if he developed on his own every single method in his BJ books. But I'm reasonably certain you don't know either, and it seems likely he originated at least some of them.

I'm aware of a fairly obscure method he wrote about that worked for quite a long time for single deck. Kind of like Wonging without leaving the table. I don't recall anyone else taking credit for it.
Hi Hero:

I think what you're referring to is what I called "consolidation betting." See page 125 of Blackjack Essays. This technique became known in the blackjack world as "Grifter Gambit." And here's a little more information on it: https://www.blackjackinfo.com/commun...6d-shoes.6086/.

By the way, speaking of Wong, he wasn't real fond of my book since it was critical of some of his ideas.

Best wishes,
Mason
10-27-2020 , 01:32 AM
were you a full time blackjack player back when these strategies were written about?
10-27-2020 , 07:15 AM
I wish someone would write a book about these ideas. They sound amazing!
10-27-2020 , 06:15 PM
Quote:
Originally Posted by Fubster
were you a full time blackjack player back when these strategies were written about?
Hi Fubster:

No I was not. When During the time that most of Blackjack Essays was written I was still working for the Northrop (now Northrop Grumman) Corporation in Los Angeles.

However, I would make trips to Las Vegas to play blackjack, and after these trips I would spend some time thinking about what happened on my trips and ways to improve my play.

Best wishes,
Mason
10-28-2020 , 05:07 PM
Quote:
Originally Posted by Floridahawk
Could someone tell me what the edge is and how it’s calculated for the following:
You make a bet that pays +600 but the true odds are +400. Or in other words you are getting 6-1 for a 4-1 proposition. Thanks!
Here's a good follow up homework problem. If The Economist has Joe Biden at 80% (I didn't make this up) to win Florida and Bookmaker has "Biden wins FL" at +138, what's your edge?
10-28-2020 , 07:57 PM
Quote:
Originally Posted by DicedPineapples
Here's a good follow up homework problem. If The Economist has Joe Biden at 80% (I didn't make this up) to win Florida and Bookmaker has "Biden wins FL" at +138, what's your edge?
Ive always used this to determine my edge

http://www.aussportsbetting.com/tool...on-calculator/
10-29-2020 , 12:26 PM
Quote:
Originally Posted by DicedPineapples
Here's a good follow up homework problem. If The Economist has Joe Biden at 80% (I didn't make this up) to win Florida and Bookmaker has "Biden wins FL" at +138, what's your edge?
538 has Biden at 89% as of this morning. I guess some people don't learn from their [obvious] mistakes.
11-11-2020 , 10:59 PM
Quote:
Originally Posted by Mason Malmuth
Hi Hero:

I think what you're referring to is what I called "consolidation betting." See page 125 of Blackjack Essays. This technique became known in the blackjack world as "Grifter Gambit." And here's a little more information on it: https://www.blackjackinfo.com/commun...6d-shoes.6086/.

By the way, speaking of Wong, he wasn't real fond of my book since it was critical of some of his ideas.

Best wishes,
Mason
Right, I was referring to the single deck example where you basically burn off more cards with a small bet ($20 each), then make a larger bet ($120) on one hand when the deck becomes rich. Although the larger bet does not appear significantly larger because you had 3 bets prior. Similar to wonging in that you get to the +EV situations quickly, but you obviously can't skip hands. So it is the next best thing.

I thought you originated this idea, perhaps I was mistaken. I was aware you had written about shuffle tracking early on, and you wrote it simple enough that I was able to understand it.
11-11-2020 , 10:59 PM
Quote:
Originally Posted by Fubster
ok so now that we have gotten to the bottom of the matter we have confirmed that you have no actual subject knowledge and this is just stuff you assume to be true. won't be engaging you further on this, you obviously have some sort of weird desire to be seen as a domain expert on this matter. you may continue to do so without any argument from me.
LOL
11-12-2020 , 02:47 AM
Quote:
Originally Posted by TomG
great exercise! is anyone else surprised that it works out to a 40% edge? i've been doing this a long time and i'm still surprised sometimes by the power of plus odds.
Quote:
Originally Posted by DicedPineapples
Easiest way: On average you're going to lose 4 times, then win once. Each time you lose, you lose one unit. When you win, you win 6 units. So on average, after 5 bets you net 6 - 4 = 2 units. So you earn 2 units for every 5 bets you place i.e you're earning 0.4 units every time you bet (on average). 40% edge.
Quote:
Originally Posted by DefNotRsigley
for edge just calculate it by

prob to win * decimal odds -1

then kelly is just

edge/(decimal odds-1)

if you want to do say 1/2 kelly

then just multiply the above by 1/2
Quote:
Originally Posted by ILikeToParty
Ive always used this to determine my edge

http://www.aussportsbetting.com/tool...on-calculator/
Thank you for all your help! Wow that calculator is a great resource!
11-12-2020 , 11:34 AM
I used to own a copy of Beyond Counting: Exhibit CAA by James Grosjean. This is considered the bible of blackjack advantage play and it can sell for thousands of dollars on ebay. I skimmed it and kept it around for a few years thinking I'd find it useful at some point. I eventually just sold it. No idea why it's so valuable/expensive. Disclaimer: I am not a blackjack guy.
11-20-2020 , 07:25 PM
How's the road treating you, sigs?
11-20-2020 , 07:29 PM
I came home after one month because of an explosion in COVID cases so not good. Can't go to the casino in Vegas because of COVID

It's the silent killer.

So I went to Sams Club and just bought enough food to not leave my house until next June.

Do you want to solve any sports together in the mean time while we are trapped? I'm thinking Darts. I don't know much about it but the line moves in it are crazy. It seems a lot of people are chasing hot hands
11-20-2020 , 08:16 PM
What's the snooker line movement look like?
11-20-2020 , 08:32 PM


some movement. there's a lot of dart matches tho. sometimes there's 50+ a day and multiple leagues, etc.

it's not as crazy as table tennis but up there
11-20-2020 , 08:50 PM
How much of that darts expansion is because of COVID though? Table tennis was a COVID special for sure.
11-20-2020 , 09:01 PM
i have Darts lines from ~2006 and there's less matches now than usual. A couple leagues aren't running and one did some weird at home tour where it was blurry pictures of two dart boards in I'm assuming the peoples houses and a commentator.

Darts must be sustained by in-person events at bars, etc. so they're struggling now. Might be a good idea to not invest due to the uncertainty.

Not sure what else is left to solve. Soccer is stupid. Hockey is unbeatable. Not messing with eSports. CBB is gonna be a disaster with covid so it's not worth it.

Maybe regular Tennis?

I miss the process of modeling. Nascar was fun. Started horrible and we improved and crushed. Want to feel alive like that again

Just clicking buttons and running at usual ROI is boring
11-20-2020 , 09:21 PM
Never bet on Darts but it's crazy popular in Europe.
Some of those Dart pros achieved legend status.
11-21-2020 , 01:49 AM
Sigs are Indy/MotoGP/F1 a serious endeavor for you or just something you're testing off using knowledge from Nascar? From what I've seen the limits are low and in the case of F1 a lot fewer matchups available than Nascar.

F1 has a hell of a lot less crashing than Nascar, but I guess you have guys quit because of mechanical issues more often I would suppose.
11-21-2020 , 04:09 AM
Not messing with esports because of match fixing?

Anyone have experience counting Spanish 21? Edges can be bigger but games harder to find. Sometimes less heat because pit bosses don't expect counting at Spanish 21.
11-21-2020 , 10:15 AM
spanish has alot less heat but its a bit harder to learn from what i temember bcuz there are alot more index plays. Also yeah someyimes tables will have 3-4 players making it worthless.
11-21-2020 , 10:18 AM
Quote:
Originally Posted by El Sueno
Sigs are Indy/MotoGP/F1 a serious endeavor for you or just something you're testing off using knowledge from Nascar? From what I've seen the limits are low and in the case of F1 a lot fewer matchups available than Nascar.

F1 has a hell of a lot less crashing than Nascar, but I guess you have guys quit because of mechanical issues more often I would suppose.
All of the motor sports have small limits (nascar at least has profitable dfs) but it's more of a I find these sports fun to watch so try to understand it more vs. make money.

F1 has the highest limits at least but yea limited matches and most of them are like -300 or more. Skill/car quality gap is huge there.

MotoGP/Indy is just to see if it's possible. The lines are so bad but it's because only 5D has it and BO copies it.
11-23-2020 , 03:54 PM
sigs you avoid esports because of match mixing or...? I used to bet csgo just based on knowledge of the players and teams, lines were so bad you didn't need much else. This was back when ESEA was still the main league and you could bet random ESEA matches. Oh god there must've been so much match fixing. Research consisted of looking up unknown players' pug and league ADR and that was it.
11-23-2020 , 04:09 PM
Quote:
Originally Posted by DefNotRsigley
I came home after one month because of an explosion in COVID cases so not good. Can't go to the casino in Vegas because of COVID

It's the silent killer.

So I went to Sams Club and just bought enough food to not leave my house until next June.

Do you want to solve any sports together in the mean time while we are trapped? I'm thinking Darts. I don't know much about it but the line moves in it are crazy. It seems a lot of people are chasing hot hands
$100 limit on BM, but a healthy amount of PPH. Sign me up, let's go.
11-23-2020 , 04:46 PM
If you have historical darts lines, this could be relevant


      
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