Friends, We are pleased to present the eXcelpunks Baccarat Probability Calculator on Android. Full version: https://play.google.com/store/apps/details?id=com.excelpunks.baccaratprobabilitytrial This application determines, based
This analysis spreadsheet is meant for Baccarat. This spreadsheet computes all the possible permutations of a Player, Banker, Tie or
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The Logic of the Losing Shoe For those in the casino industry, especially for us surveillance folks, the words ‘losing shoe’ are all too familiar. A losing shoe is a period of play, normally lasting the length of one shoe of cards (which may be from one to as many decks as the shoe can hold!), which registers a substantial loss. Ever wondered how that loss limit was set? In considering this question, it is useful to once again refer to our central limit theorem. Here is the graph again. (Source: http://schools-wikipedia.org/) The central limit theorem proposes that up to 99.9% of all occurrences happen between -3 to -1 and 1 to 3 σs from the average or mean. σ extends into the positive (meaning 1 to 3 σ) and negative (meaning -1 to -3 σ). In order to derive any sort of boundary in a casino game, one has to calculate the following: Probability Of Events Occurring (for more