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Originally Posted by
Dog Hand
BJcountingmaster,
1,540/12,940 = 0.119...
Wow! You won at a rate of nearly 12%? I'm impressed, as well as a bit incredulous.
I hope you continue at that rate in 2020.
Dog Hand
Be less impressed! In both examples (past year and future year) the amount of money bet is off by a factor of 10!! In the first case, if you play 150 hours, at 100 hands per hour, you play 15,000 hands total. With the indicated bet spread, let's make average bet per hand about $10 (probably more). Total dollars bet is $150,000. The $12,940 is obviously completely wrong.
Same thing for the 2020 forecast. 300 hours means 30,000 hands. Average bet is now about $20/hand. Total bet: $600,000. So, again, the $80,000 is clearly all wrong.
Don
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