Blackjack Calculation
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Introduction
The purpose of this calculator is to estimate the probability of ruin, given a positive expected value, standard deviation, bankroll, and infinite play. The calculator assumes the player flat betting and the odds of every trial are the same. The question the calculator answers is what is the probability the player would run out of money, as opposed to growing his bankroll forever. Here is some explanation of each field.
Probability of obtaining a blackjack from the first two cards is P = 32/663 = 4.82654% in the case of a 1-deck game and P = 64/1339= 4.77968% in the case of a 2-deck game. Similarly, we can calculate the following probabilities. © 2021 Profit Accumulator Ltd. All Rights Reserved. Blackjack Calculator - Best Blackjack Strategy Trainer - Blackjack.org. This blackjack calculator will help teach you the correct play to make for every scenario possible. Our advanced algorithm allows you to customize different table rules so you can make the best informed decision to beat the house. It will calculate the best possible option depending on the criteria by telling you the best statistical play. Do the same thing for at least 2 player cards. Add more player cards as desired. The Blackjack Calculator will immediately recommend the best move for you to make. Click the Reset button to start a new hand. The Blackjack Calculator is based off the following. Range of Probable Results- Here, you specify the number of hands you will play and a probabilityand the range of your results is calculated. For example, if you specify95%, and the answer is -664 to 1346, then 95% of the time your winningswill be somewhere between -664 and 1,346 units.
- Advantage — The player advantage of the bet. For example, in full pay deuces wild, which has a return of 100.762%, the player advantage is 0.00762. Please put the advantage in decimal form, as opposed to a percent.
- Standard deviation — The square root of the variance of each bet. For example, in full pay deuces wild this value is 5.08.
- Bankroll — If you lose every bet, this is the number of bets you could make before running out of money. In other words, the amount of money you can risk divided by the amount of each bet. For example, if you had $5,000 and were to play video poker at $1.25 a bet, your bankroll would be $5,000/$1.25 = 4,000.
- Risk of ruin — Leave this blank. When you click calculate the program will provide an estimate of the probability of running out of money. The alternative is growing the bankroll forever.
Disclaimer: This calculator produces an ESTIMATE only. The greater the bankroll size, the more accurate this estimate will be. In games like video poker, video keno, and slots, where the worst case scenario is losing one unit, I believe this calculator to overstate the chance of ruin.
Internal Links
- Risk of ruin in blackjack (play requirement for a bonus situation)
Poker Calculation Programs
External Links
Blackjack Calculate Ev
- Risk of ruin at Wikipedia
- Risk of Ruin for Video Poker and Other Skewed-Up Games at Blackjack Forum Online.