Dan, did you miss the OP's assumption (machine malfunction) that a tie in
the doubled hand results in a win for the player?
If doubling has an EV of way over 100% (105.88%), how can the overall EV not
be increased when doubling?
Brian
In a message dated 3/12/2008 11:43:38 PM Pacific Daylight Time,
len_jz@yahoo.com writes:
What would happen if you DBL up and when you TIED the dealer, you WIN
the DBL up bet then ?
···
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In a message dated 3/13/2008 5:49:15 PM Pacific Daylight Time,
Dan@OptimumPlay.com writes:
Brian wrote (snip):
doubling at
every opportunity would maximize your EV. Repeated doubling, of course, also
increases the variance.
He's correct that doubling up increases the game's variance (very
significantly, depending on how often you do it), but it has
absolutely no affect on the expected return.
Of course, increasing the variance increases your Risk of Ruin.
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