Hi,
I am interested in the methods/algorithms used to calculate basic strategy. My reading so far has been limited to thorp, griffin and wong.
From my initial research it seems that basic strategy is calculated using combination analysis.
For example I get dealt 10 & 3 and the dealer has a 5 showing:
1. Standing is purely based on the probability of the dealer beating the player (in this case the dealer has to bust) which can be calculated from all of the possible permutations of the 48/49 (us/euro) cards remaining in the pack and their probability of occurrance.
2. Hitting we have to work out all of the permutations of cards available to the player and their probability of occurrance. Additionally we have to compare the probability of the dealer beating the player for each combination. From this we can obtain an overall expection for hitting.
3. Doubling can be calcuated the same way as hitting except that we double the stake and only allow the player to take one card.
4. Pair splitting is calculated by recursivley determining the expected return for every combination of decisions available to the player and their probability of occurance using the methods described in 1, 2 and 3.
The optimum result of 1,2,3 and 4 is then incorporated into basic strategy.
The only variation on this approach which I can find is dependant on whether we use a basic or zero memory strategy. The former taking into account how cards dealt during the course of a hand can affect our expectation.
The affect of a card count on basic strategy can then be calculated by recalculating basic strategy from a depleted deck e.g. we may remove an ace or a 10.
I have two questions:
i. Is this the only way people have managed to calculated basic strategy successfully or are there other algorithms / methods?
ii. Can anyone suggest good books / documentation / articles about methods used to calcuated basic strategy? (I have read most of the stuff on bjmath.com)
Any help would be most appreciated.
Thanks
Mark