Blackjack Win Rate Per 100 Hands
Blackjack Risk Manager
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Windows Software by John Austin
6 bb/100 = $1.50 (6 x 25c) per 100 hands at each table. $1.50 per 100 hands x 4 tables = $6 per 400 hands. $6 x 0.85 = $5.10 an hour. (We play 85 hands an hour on average in short-handed games, so we multiply $6 by 0.85 to get our hourly winrate) $/hour = $5.10; Daily winrate example. You play 1 table of full ring $1/$2 NL Hold’em and have a. To keep this simple, let's say your BP is flat-betting $1200 at a 1 1/2% overall win rate and getting to bet 75 hands per hour. He's going to be making $1350 an hour. But you also have to pay all these spotters, whether a percentage or an hourly rate, and you may have to pay investors, etc.
Blackjack Risk Manager (BJRM) is a “calculator-type” utility program thatautomatically and instantly performs several complicated blackjack risk-relatedstatistical calculations, providing you with the facts you need to manage your blackjack“risk.”
BJRM can be used to provide the “answers” to many very important blackjackrisk-related questions, such as:
What is the Risk-of-Ruin of my trip/session, and my total playing bank?
What is my probability of being ahead by $2,000, sometime during my next 16 hours of play?
Exactly how much bank do I need if I am willing to tolerate a 7.5% risk-of-ruin? What if Ichange that to 5%?
Within my spread, at which counts do I place the bets in order to maximize the rate of mybankroll growth?
What is the “$ hourly win rate” that a specified game will yield?
How would things change if I got in more “hands per hour”?
OK, I played 6 hours last weekend, and lost $5,000. How rare of an event was that?
Which is the “better” game to play, an H17 DAS 2-deck 70 card penetration game,played “all” with a 1-6 spread, or a back-counted S17 DAS LS 1-8 spread gamewhere 4.5 decks of 6 are dealt?
And many, many more — just as interesting and illuminating.
Most risk questions can be answered with very little text entry, simply by selecting andmouse-clicking on the program’s built-in choices. To perform many of thecalculations, Blackjack Risk Manager needs to be supplied with only two values: Win Rateper 100 hands and Standard Deviation (SD) per 100 hands, both expressed in units.
Win Rate and SD values can be readily obtained from several sources, such as: valuespublished in blackjack literature; values from simulations run by blackjack simulatorprograms on the market; and, perhaps most importantly, from two places within BJRM itself!
First, Tab 3 of BJRM has the Win Rate and SD values of over 100 different blackjack gamescenarios, built-in. These feature multiple combinations of decks-in-play, rules,penetration levels, and bet spreads — including back-counting. It is very likely thatone of those combinations is close to the game you are interested in. And BJRM
’s built-in Win Rate and SD values are very precise, as they were each calculatedbased on actual simulation runs of over 400,000,000 rounds. The Tab 3 values feature aHi-Lo player using the “Illustrious 18” and “Fab 4” strategydepartures, and are, in fact, the actual results from the simulations run for Chapter 10of Don Schlesinger’s classic book, Blackjack Attack: Playing the Pros’ Way.[Note: If you are not familiar with Don’s book, you should be! You will find BJRM tobe an excellent complement to Blackjack Attack, and vice versa]. However, Tab 3 even goesbeyond Chapter 10 data, to include a complete set of data for 8-deck Games!
Second, Tab 4, which I have dubbed the “One-Second Simulator”, is potentiallyeven more valuable to the user than Tab 3. The One-Second Simulator allows you to inputyour own bet pattern, rather than use the ones detailed in Chapter 10 of BA: PTPW.Additionally, you can use data from counting systems other than the Hi-Lo, as, currently,the K-O and the UBZII are also supported. Future releases of BJRM will likely add supportfor other systems, as well. Tab 4 also contains a very valuable feature that, when given aspecific bet spread (1-4, 1-12, etc), will automatically compute the best placement ofthose bets – in order to optimize the growth rate of your bankroll. And it does sofor both “play-all” and “wonging.”
I have tried very hard to write Blackjack Risk Manager in such a way as to make atraditional, hard-copy User Guide unnecessary. In addition to this Help File, BJRM hasvery extensive automatic real-time “help,” in that, as the mouse cursor isplaced over the text and data on the screen, a “status line” along the bottomdisplays all the descriptions and/or instructions you will likely need to put the programthrough its paces. And when you are thoroughly familiar with the program (in no time atall) you can even “turn off” the status help text, if you like.
So “install,” and then dig in, explore, and enjoy — Blackjack Risk Manager.You need never be surprised by the “ups and downs” of blackjack risk, again!
- John Auston 1998
BJRM (c) John M. Auston 1998-2002
Last Update 04/03/05
Copyright ©1995-2018 Spur of the Moment Publishing
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Player wins around 42 to 43% of all hands playing basic strategy
Plus or Minus 42 to 43%
Blackjack loses between 2 and quarter of a bet per 100 hands (the EV) depending on the the rules and skill level.
silly
Sally
The problem with that calculator and the others at that site is it assumes you know how to use it. And most do not.
(added: I corrected my math errors and find these calculators accurate to about 2% of others.)
Would be nice to see why the results do not match exactly with other calcs that use the Blackjack Attack formulas. Maybe because it uses values per 100.
You need to do a bit more reading and understanding of SCORE and Desirability Index. Some advanced concepts.It is the reason why those calculators use 'per 100' because it is based off of a different formula than just a standard risk of ruin formula.
So for your examples, the number of hands at 100 is too low. It works much better with larger number of hands since that is how the normal distribution works best.
That site is really all about 'card counting is the only way to win at BJ'... and something like trying to win by other methods of BJ play is just a waste of time.
So all calculations revolve around those card counting concepts, qfit software results and those formulas at the site.
Enjoy!
What is the win rate per 100 hands if the player does not count, and bets level in a standard 6 deck, dealer stands on soft 17 game? Also, does anyone know the standard deviation figure?
Norm (at qfit) has a massive BJ EBook that you may have seen.I have not looked at it all in a few years and it looks like he has been busy updating it.
American Rules player advantages
One can find the HE for the games.
I have not yet found the standard deviations but I am sure it is somewhere in his book or massive tables of data.
Norm knows his stuff and it is very nice of him to offer, for free, most all his data and BJ knowledge at one site.
The win rate it uses is a different formula that I just can not find at the moment.The calculators point to another to determine the win rate.
added: the site has many calculators.
Blackjack Win Rate Per 100 Hands Per
Here is an easy one to use from just HE and hands playedBlackjack Outcome Calculator