hi folks,

first of all a very merry xmas to all of you. 

I don't know if this could be calculated at all, still I have a question: playing 4 single numbers on a single zero wheel, how many spins should I need/ expect until I have reached the minus 2,7% as a more or less steady result?

thanks for your ideas, suggestions and solutions.

cheers

hans

Quote from: HansHuckebein on December 24, 2014, 08:07:55 PMI don't know if this could be calculated at all, still I have a question:

playing 4 single numbers on a single zero wheel,

how many spins should I need/ expect
until I have reached the minus 2,7% as a more or less steady result?

the 1/37 House edge is there every time you win a bet

it is the amount, on average, you are shorted on a win
it is how the house "stacks the deck" against the player
so they have the edge, always

so every winning bet suffers the house edge of exactly 1/37

not happy with that answer?

you want to know how many trials to make until you converge to that -1/37 value?

my opinion is it is how close do you want to be?
then it can easily be calculated
*****************
still not happy, well
that sounds like a personal problem so i thank you for sharing your thoughts here
thank you
***********************
but
here are a few #s i have
no one else in the universe has these, btw

make 37 bets and win exactly 4 of them with your example
you net $32 4 times on a win = $128
you lost 33 times $4 = $132
your bankroll is now $4 less after wagering exactly 37 *$4 = $148
-$4 / $148 =  -1/37
exactly the house edge

now how about if you win 3 times and lose only 34 times?
DUE the math and see a player advantage of -27.03%

4 wins has the highest probability followed by only 3 wins
DUE the math and see

but you still are not happy with any answers i give

the house edge over many bets is just an average...

so how about this 37*37 bets, on average

have fun!
no worry about the HE
it is what it is