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Old 11-27-2005, 01:33 PM
Jimbo Jimbo is offline
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Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 2,193
Default Re: 10% refund question

Suppose you made 1000 $10 bets with a HA of only 1%. You would expect to lose $100 over that span and would be rebated $10 still losing $90. All they are doing is lowering the house advantage by 10% from 1% to .9%, still -EV.
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