Yes, you can gain an edge flat betting!! To get that you will need to find a game that pays 2:1 on blackjack. Perhaps, one could use the standard deviation formula from bjmath.com(http://www.bjmath.com/bjmath/Stats/sd.htm) to determine the standard deviation. If that is not a suitable formula than I will need to do more research.
My purpose is to make him aware that his loses fall within the range of standard deviation.
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