Quote from: Jimske on May 24, 2018, 09:22:41 PM
You obviously don't play and it's good that you don't. Quite correct, cannot avoid variance. But there is two aspects to it. One is short term and the other long term. Here is a bit of short term variance from couple days ago: LLL W LLLLL W LLLL W LLLL Ouch! Only won 4 out of first 49 hands!. Well that just means the casino owes me some wins. When you're down that low you generally will come back a good bit to at least 45% but if yo just get back to the expected EV you're gonna recoup. It took another 100 hands to get back up but it did prove to be profitable at a net of $420.00 with no higher than $50.00 bet. I had a profit as soon as I hit 49%. Fortunately the VARIANCE goes both ways!
I chose that session because it has such a low swing. That's unusual but it does happen oon occasion.
Your comment doesn't even make sense. And "LLLWLLL?" This is tracking nonsense. There's no value to it. It's just leading you down the path of gambler's fallacy. There is no expectation that you will recoup anything. The random walk just dictates that moving forward your expectation is to just lose at the house edge, not for events to catch back up or to make up for some kind of loss. I hope you're not implying that it will.