Calculating the Odds : Gambling and Betting to Win

How To Calculate the Odds

$50 free bet & ZERO fees for 1-month on all Sports Betting 

n a pair of the same denomination as the triplet would require play something like what we hear of in old Mississippi stories, where a 'straight flush' would be met by a very full pair of hands, to wit, five in one hand and a revolver in the other ! The total expectation of improvement is 1 to 8; but then see what an impression you make by a draw which means a good hand. Then, too, you may suggest a yet better hand, without much impairing your chance of improvement, by drawing one card only. This gives you one chance in 47 of making fours, and 1 in 16 of picking up one of the three cards of the same




denomination as the odd cards you retain. This is a chance of 1 in 12.
'Draws to straights and flushes are usually dearly purchased,' says our oracle; 'always so at a small table. Their value increases directly as the number of players.' (The word ' directly' is here incorrectly used; the value increases as the number of players, but not directly as the number.) Of course in drawing to a two-ended straight, that is one which does not begin or end with an ace, the chance of success is represented by 8 in 47, for there are 47 cards outside your original hand of which only eight are good to complete the straight. For a one-end straight the chance is but 4 in 47: with a small chance, to% of improving your hand, you are trying for a hand better than you want in any but a large company. ' If you play in a large party,' says ' The Complete Poker Player,' ' say seven or eight, and find occasion to draw for a straight against six players, do so by all means, even if you split aces.' The advice is sound. Under the circumstances you need a better hand than ace-pair to give you your fair sixth share of the chances.
As to flushes your chances are better, when you have already four of a suit. You discard one, and out of the remaining 47 cards any one of nine will make your flush for you. Your chance then is 1 in 5 2/9. In dealing with this point our oracle goes altogether wrong, and adopts a principle so inconsistent with the doctrine of probabilities as to show that, though he knows much more than Steinmetz, he still labors under somewhat


 

 

Previous Page

Next Page

Chance and Luck Home Page

Page Index

The information on this site is strictly for entertainment or educational purposes.  No risk, liability, or responsibility is assumed or implied by us. There is no substitute for doing your own research and getting qualified professional advice.  All trademarks are the property of their respective holders. Any link to another web site or resource should not be considered an endorsement; use at your own risk.  Any links from this site may not have been evaluated and absolutely do not constitute an endorsement by us.

(c) 2004, Chance-And-Luck.com