Ask The Wizard #214
If I were to randomly select two ranks like a queen and a king, what are the chances that they'll come up next to each other in a shuffled deck? A friend bet me that this would occur with equal odds.
Based on a recent simulation, it appears that the odds come out to be 48.64%. Thus, I would have taken that bet without hesitation.
I found your website quite impressive. You seem to have an extensive collection of historical betting spread data. I'm looking to analyze historical NBA spreads to see if my theory holds up. Do you have any recommendations for where I can find such data?
I appreciate your response. A lot of my information is sourced from Davler Sports. For collegiate football insights, I rely on the complementary data available at. The Gold Sheet .
Can you determine the odds of rolling two specific numbers consecutively on a die? Essentially, what are the chances of rolling two 4’s, two 6’s, or two 7’s one after the other? While I understand that historical data doesn't predict future results, is there a way to calculate the probability of getting 7/36 multiplied by itself in back-to-back rolls? I hope this question is clear.
Sure. That would be Pr(2)2+ Pr(3)2+ .. + Pr(12)2= (1/36)2+ (2/36)2+ (3/36)2+ (4/36)2+ (5/36)2+ (6/36)2+ (5/36)2+ (4/36)2+ (3/36)2+ (2/36)2+ (1/36)2= 11.27%.
This inquiry pertains to the strategy of card counting in a blackjack game using two decks. When applying the Knock-Out Count, how should one factor in the card the dealer burns and doesn’t disclose? I typically treat it as a negative, but I feel there must be a more efficient method than this cautious approach.
A burned card functions like any card that is not visible in the shoe. There's no need to assume it has any particular value. In the Knock-Out count, you can disregard it completely since you don't need to convert it to a true count. However, in systems like Hi-Lo where true count conversion is necessary, a meticulous player might adjust the total of remaining cards with the number of burned cards. In general, since there's usually only one burned card, it can be safely overlooked in any card counting strategy.
Casinos have recently introduced a feature called 'Automatic Win.' This allows a player who has a total of 20 against a dealer showing 10 to win half his bet immediately, avoiding the risk of the dealer also achieving a total of 20 or hitting 21. The creator of this concept claims that over half the time, a player's 20 leads to either a tie or a loss. I’m skeptical about these statistics and would appreciate your input. Thanks! P.S. Keep up the fantastic work!
That statement regarding pushing or losing more than half the time is inaccurate. Based on my analysis, when the dealer has a 20, the possible outcomes, considering a peek for blackjack, can be outlined with six decks in play. blackjack appendix 2 It turns out that the player only pushes or loses about 40.6% of the time. The probability of winning with a 20 against a dealer showing 10 calculates to be approximately 59.4% minus 3.8%, which equals around 55.6%. This exceeds the 50% guarantee from taking the automatic half-win deal, suggesting you should reject that offer. I’ve addressed this option in my blackjack appendix 8, under the section title.
Dealer gets 17-19 or busts: 59.4%
Dealer gets 20: 36.8%
Dealer gets 21: 3.8%
Similarly, it’s advisable to decline the 'even money' offer when you have a blackjack against a dealer’s ace. In both scenarios, it’s more valuable to hold onto what you have than to settle for less. casino surrender .
I'm following up on the game show Deal or No Deal, which I recently viewed for the first time. Your analysis presupposes that the house is unaware of the values within the suitcases. Yet, in the show I saw, both finalists had chosen high-value cases and were presented with offers exceeding the expected value as they neared the conclusion of the game. For instance, one player would have received an offer of $687K when the remaining suitcase values were $500K and $750K. The most logical explanation is that the banker is aware of the value in the contestant’s suitcase and their offers reflect that knowledge.
Just my personal thoughts, and a reply isn’t required.
I appreciate that you don’t expect a response. However, I generally do reply to inquiries about game shows. Each episode insists that suitcase amounts are assigned at random, with zero awareness from Howie or the banker regarding the values. Unlike on Let’s Make a Deal, where it was evident that Monty Hall had prior knowledge. I too have noticed instances where the banker makes offers beyond expected value, especially when substantial amounts are at stake. I strongly believe that these offers are not made because the banker knows the content of the contestant’s case. In the 1950s, a significant scandal erupted when it was revealed that shows, including this one, were rigged. There’s no solid justification to jeopardize the integrity of a successful show for a petty gain.
I can propose three theories regarding why the banker occasionally presents offers exceeding the average value of remaining cases. 21 The production seems to depict the banker as sweating over financial decisions in his office. Howie Mandel frequently comments on the banker’s demeanor and tone. Perhaps this adds a dramatic flair, imagining the banker as someone keen to minimize losses rather than risk a large payout.
The actual banker likely operates with a risk-averse mindset. This is stretching my expertise a bit, but my understanding is that production companies behind game and reality shows are often independent from the television networks. These smaller companies may collaborate with insurance firms to manage the risks associated with contestants winning large prizes. Thus, the real banker influencing the show could be a representative from an insurance company, who is hesitant when it comes to substantial amounts.
- In your scenario, the banker’s offer exceeded expected value by 9.92%. If he were adhering to the established guidelines, such an offer would stem from an overall bankroll of merely $782,008, which is below the maximum prize available. No reputable insurance company would adopt such a conservative stance. Hence, this rationale alone cannot fully account for the offer made in your situation.
- The show appears to intentionally portray contestants as foolish and greedy. Programs like Are You Smarter than a Fifth Grader or Jaywalking on the Tonight Show thrive on our enjoyment of seeing others make questionable choices due to their lack of trivia knowledge. These shows have a knack for highlighting the greed often found in human nature. I must admit I find a certain satisfaction watching a contestant decline a favorable offer only to walk away with a lesser sum in their case.
It seems to me that the actual reasons for the behavior we observe stem from a blend of these three theories, but predominantly from the last one. Kelly Criterion If I were to conclude my response here, I'm sure I’d receive comments questioning whether these hypothetical banker offers were genuinely extended. The implication would be that they're exaggerated for dramatic impact. I have noted specifics from 13 different games—one instance with three cases remaining ($1,000; $5,000; and $50,000) showed an average of $18,667 alongside an offer of $21,000, which is 12.5% over the expected value. In another game with two cases left ($400 and $750,000), the average was $375,200, while the offer reached $400,000, representing a 6.6% increase over expected value. Thus, I see no grounds to doubt the integrity of the proposed offers.
- This page presents both historical and contemporary formulas for calculating the banker’s offer, based on the free-to-play game available on the Deal or No Deal website. Friend or Foe and The Weakest Link Discover mathematically sound strategies and insights for casino games like blackjack, craps, roulette, and many others you can enjoy playing. schadenfreude Please check your inbox for the email we sent and follow the included link to finalize your registration.
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