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Reply To: This is how online casinos make money

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#721160
327007
Member
nick777 wrote:
Damn, you are beyond help

Read my lips…

The Wizard is a go off

There is no way you double your bet by splitting 8’s against a dealers 10

As for your point about my not considering the losses, you are not considering that i have 4 hands each with a 64% chance of winning, EACH

You and your wizard are assuming it’s 1 hand vs 1 hand, which would support what you’re trying to prove, but that’s not the real math equation

The real math equation has to factor in that i have 4 hands vs 1, each with a 64% chance of winning, that is what puts me over the top in the return on investment category.

Go write a letter to your Wizard and tell him to get his math right.
I’m starting to think you are a troll having fun and no one can truly ignore everything that has been written over and over. Let’s try this one more time.

If there is a 64% chance of winning, what do you think the chance is of losing? I’ll say 36% to keep things simple for you, but in reality you need to consider pushes, as I have done previously many times.

So if there is a 64% chance of winning and a 36% chance of losing, then what is the expected gain per hand? It’s 64% – 36% = 28%.

Next, how many hands are there? You say 4. It will be 2x how ever many hands there are total because each hand is split. I’ll use as if there were 2 hands being split into 4 hands. That makes the expected gain 28%*4 = 112% of initial bet per hand.

Next we consider standing for 2 hands. We need to use 2 hands because we split 2 hands to 4 hands in the split 10 numbers. This time we don’t split the 2 hands, so we remain at a total of 2 hands.

If there is a 85% chance of winning and a 15% chance of losing, then what is the expected gain per hand? It’s 85% – 15% = 70%.

There are 2 hands as discussed above, so that is 2*70% = 140% of initial bet per hand.

Which is more 140% or 112%?