Author Topic: A back to front theoretical attempt.  (Read 659 times)

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Badger

A back to front theoretical attempt.
« on: March 29, 2018, 08:58:00 PM »
Could the forum members perhaps help me with a hypothetical situation.

I took 3000 results and manipulated them so that I had an average win rate of 50.3% for the 3000 spins. Theoretically the average should be 18/37*100=48.65%

Does this mean that the house edge has been nullified? ( Hypothetically speaking)
What advantage would beating the house edge give you?
What would be the best way to beat variance?

I have included my manipulated spreadsheet as an attachment so that you can see the "variance".
 

Badger

Re: A back to front theoretical attempt.
« Reply #1 on: March 29, 2018, 09:08:53 PM »
The reason I am going about it in this way, is because everyone says that you must improve your bet selection. Let's say you can, and that you can just beat the house edge by a small margin.
What now?
 
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Reyth

Re: A back to front theoretical attempt.
« Reply #2 on: March 29, 2018, 10:26:37 PM »
The house edge is puny compared to variance.
 

Scarface

Re: A back to front theoretical attempt.
« Reply #3 on: March 29, 2018, 10:42:18 PM »
Look at wires case scenario, and be sure your bankroll can handle it.  After that, with proper money management you should be able to gradually increase bankroll over time if you have a slight edge. 
 
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