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Old 12-06-2005, 11:19 PM
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Default Re: perfect strategy is not perfect

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0.995 ^ 500 = .08 .... so after 500 hands you're expected to have only about 8% of your money left.

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That's 8% of your bet sizez. If you're betting $200 in chips ever deal and play 500 hands, in theory you should net -$184.

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You guys need to visit the probability forum.

At a 0.5% disadvantage, if he plays 500 hands, he "should" be down (500)(.005) = 2.5 bets. No exponents necessary.

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I'm not that good at math, but I know to never play against the house at anything.
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