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The crucial point still hasn't been addressed
There is obviously nothing wrong with Cougfan's argument but the question remains how betting all at once in a -1.4%EV game like Craps can give a better chance of survival than betting in portions at BJ with roughly +2%EV.
I wonder why nobody questioned the 58.8% ruin figure for BJ.It seems illogical because even if you bet all at once the chance of losing is much closer to 50%.
Statistically, on average, Inquiry must win 2 dollars with every bet he places. I don't see how this equation can be met if he loses his 1000 dollars in 58.8% of the cases and doubles them in only 41.2% of the cases. Who can resolve the mistery?
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