I worked on simulating different street dice strategies
You can review the rules for street dice here.
I calculated the odds of the game:
Instant Win Odds: 11.11% [7,11]
Instant Loss Odds: 8.33% [2,3,12]
Point Value Odds:
2: 2.78%
3: 2.78%
4: 5.56%
5: 5.56%
6: 8.33%
7: 8.33% [Loss]
8: 8.33%
9: 5.56%
10: 5.56%
11: 2.78%
12: 2.78%
The following three Monte Carlo simulations show 1,000 players each in a circle of 10 dice players, playing 1,000 rounds, with each player starting with $10,000 and betting $100 each round. The only difference between the three being the strategy examined. The strategies being whether the player always passes (bets for the shooter), doesn’t pass (bets against the shooter), or determines to pass or not randomly.
Pass Only:
This shows the strategy of betting for the shooter each round
Here are the summary statistics:
count 1000.000000
mean 68531.006349
std 6192.250700
min 48226.984127
25% 64371.726190
50% 68664.880952
75% 72437.103175
max 91189.285714
Pass Randomly:
This shows the strategy of randomly deciding to bet for or against the shooter.
Here are the summary statistics:
count 1000.000000
mean 93511.897222
std 7574.498375
min 70944.444444
25% 88405.952381
50% 93422.420635
75% 98502.777778
max 120413.095238
No Pass Only
This shows the strategy of betting against the shooter each round
Here are the summary statistics:
count 1000.000000
mean 118535.532937
std 8816.742292
min 94180.555556
25% 112335.218254
50% 118262.500000
75% 124353.273810
max 150313.492063
A Comparison:
In conclusion:
By looking at the mean and median of each of our simulations I can rank the strategies from best to worst: Don’t Pass Only, Pass Randomly, and Pass Only. So in summary, when you’re playing street dice, betting against the shooter will yield better long term results.
You can take a look at my code here.