variance of shoe

From Stanford Wong's BJ21

Posted by Vic Bass on 13 Dec 1997, at 3:13 a.m.

Does anyone have any info on the normal range of vriance in the shoe during play. That is, if the expected value of a particular game is zero, half the time it should be above that & half the time below. The question is, how much? It seems clear that the more the shoe swings the more money there is to be made, assuming you can keep track of the favorability or lack thereof at any given time. Also, it seems that the smaller the shoe the greater the variance, but are there other factors thta also influence this?

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Responses

• Re: variance of shoe - MathProf -- 13 Dec 1997, at 6:04 a.m.
  • Correction ??? - MathProf -- 13 Dec 1997, at 12:19 p.m.
  • Re: variance of shoe - Don Schlesinger -- 15 Dec 1997, at 9:35 a.m.
    • Non-randomness of BJ "sampling" ??? - MathProf -- 15 Dec 1997, at 5:22 p.m.
  • Re: Nice post professor ... Derivation? - Chris C -- 18 Dec 1997, at 2:40 p.m.
    • Some Hints - MathProf -- 18 Dec 1997, at 5:03 p.m.
      • Re: Some Hints -- thanks - Chris C -- 19 Dec 1997, at 9:33 a.m.