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It depends on the number of hands he played. As it mentions in the article, the house edge is based on billions of simulated hands. If he played nonstop for 1 w
by jyu 15y ago
It depends on the number of hands he played. As it mentions in the article, the house edge is based on billions of simulated hands. If he played nonstop for 1 week, that is at most 14,000 hands (100 hands/hr x 20 hrs/day x 7 days). Card counting or not, this is a statistically insignificant number of hands.
This article describes someone with a lot of money playing blackjack with bad bankroll management who quit while he was ahead.
- TylerE 15y agoThe std. deviation of blackjack is quite low. 14,000 hands would be a fairly large sample for blackjack, for live hands. Now if we were talking about something like video poker, then yea, 14k hands would be nothing.
- zone411 15y agoNo, you are hugely underestimating variance in blackjack and the amount of hands needed to approach statistical significance. If you do the math, you should see that after 14,000 hands with 0.25% house edge, the chance of a gain is around 40%.
- TylerE 15y agoGiven a chance of being up of 40%, the chance of being up (and this is ignoring the magnitude of the win) over 3 separate trials is 6.4%.