11-04-2004, 05:46 AM
|
|
|
Let's do some business.
Industry Role:
Join Date: Jan 2003
Location: The dirty south.
Posts: 18,781
|
Quote:
Originally posted by supermann
My friend, it is IMPOSSIBLE to have lost 50000$ by playing 300$ hands in blackjack. Considering a house edge of 0.5%, and approx 6 hands a minute, and even if you played full time, that means 40 HOURS A WEEK!!, here is your expected loss. To not make matters complicated, I will not calculate the doubles and splits because of the little variation in 40 hours of play.
60*40*6*300*0.5%=21600$
Even if I double with the standard variation, which the chances are EXTREMELY low because of 40 hours a week making a somewhat long run, you would lose 43200$.
And dont forget, I calculated you played 300$ a hand FULL TIME, non-stop, betting 300$ hands after another.
I DO beleive you lost money though, but not near 50000$.
|
House edge is much higher unless you know exactly how to play. Also, ever heard of multiple hands or trolls?
__________________
Hands Free Adult - Join Once, Earn For Life
"I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."
|
|
|