11-04-2004, 05:48 AM
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Confirmed User
Join Date: Oct 2003
Posts: 4,895
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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$.
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I found it hard to believe myself... and I was thinking I hope it's reverse transactions that it shows, but it says "Visa Card" next to the said transactions. I'm going to talk to their support right now |
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