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Old 11-05-2005, 02:42 AM
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Default Re: You have AA every hand . . . when do you quit?

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you guys r a bunch of gamblers...seriously I'd go maybe 3 hands, 4 max if I felt really lucky. I don't think I've ever won with Aces more than 3 times in a row... Don't you know how often Aces get cracked? You really think there gonna win 8 times in a row...lol

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Yes. This is not a question of tolerance. You should stop playing when it's a -EV game. We all understand that. Here's how you should look at it:

1 hand : 85%
2 hands: 72%
3 hands: 61%
4 hands: 52%
5 hands: 44%

so you should stop after 4 hands.

[/ QUOTE ] You have a 27.8% chance of winning the whole thing, $125k after 8 hands. You're putting up $500 to do so. So you're getting 250:1 on your money and you will win a little bit better than 1/4 of the time. Definitely +EV.

Ok, I can see the argument that in a 1 time shot after the 4th hand you're risking $8000 to double up with only a 44% chance to do so, but considering you only put up $500 of your money to begin with, the odds say you should gamble.
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