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Old 12-13-2005, 09:18 PM
winchips winchips is offline
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Join Date: Feb 2005
Posts: 91
Default Re: 12 Days of Christmas: Littlewoods Casino - Day 1

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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?

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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

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?

i think that he already realized that the transaction fee would apply to £, thus why he kept ALL of his calculations in £.

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sorry you are correct - those are both my posts, i guess i am retarded
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