I played again tonight and lost a further $1,400.
I played a mix of BJ and Pontoon, and it was a familiar story. Virtually no blackjacks, virtually every split/double lost, multiple miracle draws from the dealer to 21 and backdoor blackjacks.
The last few sessions I have played, in sequence, ~ 3 hours each, have yielded the following results:
- lost $2500
- won $1100
- lost $1200
- lost $1900
- won $1000
- won $1000
- lost $2500
- lost $1400
Of these eight sessions 3 of them have been among the worst 4 losses of my 160 session career.
Plugging in the numbers, the probability of losing $6400 over 24 hours (2400 hands) is 0.55% or -2.54 standard deviations below the mean.
Since my last ATH, in August, I have lost in excess of $10k to reach an unprecedented losing streak.
When I play simulations on my laptop, I consistently win. Not every shoe, but I manage to generally stay in front over the long run.
I believe that God is trying to teach us a lesson here. I now believe that if I play another time the same result will occur.
And it will only take a few sessions, perhaps a couple of dozen for me to lose all my remaining bankroll of 27k.
The house edge is 25% whenever the true count is +4 or higher and it seems to be an immutable theorem. I dare you to disprove it.
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