Re: 12 Days of Christmas: Littlewoods Casino - Day 1
[ QUOTE ]
[ QUOTE ]
SO:
if you deposit 1000 GBP get 100 wager 2500.
-19 (1.9% transaction fee)
-12.5 (.005 house advantage on bj)
=1068.5
-20.30 (1.9% transaction fee)
=1048.2
EV=48.2 GBP
sound about right?
[/ QUOTE ]
actually that ev is not correct - the transaction fee would be much higher both ways because you would be depositing 1000 GBP, so it would be 1.9% on about 1700 USD not on 1000. So probably not really worth it
[/ QUOTE ]
?
i think that he already realized that the transaction fee would apply to £, thus why he kept ALL of his calculations in £.
|