Team Play

[Three]

EV/ER for 5,000 hands = NumHands * AvgBet * Edge = 5,000 * 500 * 1.01 = $2,525,000

SD(5,000) = Sqrt(5,000) * 550 = 70.7107* 550 = $38,890.86

With 5000 hands, 500 avg bet, 1% average edge, I can mathematically say, with 99% certainty, that you will make $2,525,000 PLUS or MINUS $116,672.58... (3*38,890.86).

The $2,525,000 includes $2,500,000 in bets. so you expect to make $25,000 or $5/hand over 5000 hand not $2,525,000. You certainly see to indicate that you will make $2,525,000 on 5000 bets of $500 each. This is obviously not true so I assume it is not what you meant to say but for other readers we need to make it clear what you did mean.

, I can mathematically say, with 99% certainty, that you will make $2,525,000 PLUS or MINUS $116,672.58