
With the recent tragedy that took place on the campus of Virginia Tech there has been much debate, at least where I live, concerning gun control. There have been cries for more control, some for enforcement of the existing laws and others just crying because of the heart breaking loss of innocent life.
People who say that we don’t need more gun control love to use statistics to back themselves us. Here in Florida it is legal to carry concealed handguns, with a permit of course.
I thought I’d throw out some of the statistics that I’ve heard on this issue.
In 2003, your odds of dying from an injury were 1 in 1,755.
Your odds of dying from a motor vehicle accident were 1 in 6,050.
Your odds of dying from a handgun incident were 1 in 24,400 while your odds of dying from a drug overdose were 1 in 31,508
In case you ever wondered what the odds of dying from a poisonous snake bite are, here’s the website:
http://www.nsc.org/lrs/statinfo/odds.htm
Pretty good odds overall wouldn’t you say – unless you were sitting in the classroom on the campus of Virginia Tech.
You see odds are good for large groups and they tend to give us a “big picture” outlook. So when something happens to us and we mention it to others sometimes we get sympathy, sometimes we get annoyance, mostly we just get blank stares.
When play a game, like TBJ a certain way/style/fashion and then notice that it’s not working any longer you have a couple of choices:
Continue with your style – blame variance problems and just “wait it out”
Analyze what has changed to produce such a different result
So you go back and review your playing habits/style. You see that you are still doing an aggressive progression game that should be working. I mean after all you’ve based this style of play upon Stanford Wong’s CTS book. You wait until you lose a hand, then bet 1/7, 1/3 and finally all-in. According to Mr. Wong, the grandfather of TBJ, your odds of winning one of those bets is 86% isn't it? I mean the odds of losing 4 hands in a row are what?
Finally it dawns on when you realize that the reason that your aggressive progression style of play is not having the same results. Why?
Then you go back and look at your recorded results and what do you see – lets post some ACTUAL data shall we?
April 11, 2007. $50 SNG table and you’re in seat 7 (great seat)
Dealer Up Dealers Result
Card Final Cards
7 18 Loss
Queen 22 Win – dealer bust
Queen 20 Loss
8 21 Loss
Ace 20 Loss
8 18 Loss
3 23 Win – dealer bust
Queen 20 Loss
4 18 Loss
Jack 20 Loss
10 17 Loss
6 21 Loss
The dealer drew to 19, 20 or 21 6/12 times (50%). The dealer only bust 2/12 times or (16.7%)
Probability charts tell us that the dealer should draw to 19, 20 or 21 38.6% of the time. In addition the dealer should bust 28.2% of the time.
Now, taking the above figures and using a binomial calculator we find that the probability of the dealer only busting is 19.1%.
How about drawing to 19, 20 or 21? Using the same mathematical resources we find the probability of the dealer having 19, 20 or 21 6 times in 12 hands to be 16%.
Wow, how unlucky can one person get? Unless the results are purposefully and deliberately skewed.
You see, statistics sound good and your probability of winning a single hand of BJ is 44%. So the shills of Bet21.com, the flunkies and wanna be owners try and dismiss these and other results by saying the sample size is too small or it’s distorted. Is my sample size small – yes because it’s just me. Is it distorted – only if Bet21.com is the crocked site that some believe it to be.
Just stick it out and it’ll come around the naysayers post. The trend is your friend, probability and numbers don’t matter in the short term. You’re safe to play and risk your money. Just like you’re safe at school. I mean according to the statistics your odds of dying are miniscule.
Yeah - Tell that to dead students at Virginia Tech who had their lives tragically cut short by an out of control, evil, psychotic mad man. To the survivors, friends and family members may you somehow find peace and comfort in your time of loss. The prayers of many in this country are with you.