Sorry for bumping the thread guys
I had to make an account just for this, i was reading this entire thread and it was so entertaining i finished all the pages.
This was a blast reading through, the op definitely has an illness LOL still hasn't moved an inch after years of everybody telling him otherwise it's hilarious.
Anyways that was all, take the rage bait op please i wanna read more LOL.
Have a nice week lads!
So you are an online doctor, analysing the mental status of Stake victims online?
Please show us your doctor's title?
Are you also qualified to comment on the house edge?
If yes, please let us check it and answer the below questions:
You go to a brick and mortar casino with 1,000 USD and make 10 USD bets at a Black Jack table:
Example A) After 100 bets made you leave the table with 980 USD
1) How many bets did you lose?
2) How much percentage is your experienced house edge?
Example B)After 100 bets made you leave the table with 1,020 USD
1) How many bets did you win?
2) How much percentage is your experienced player edge?
Example C)After 100 bets made you leave the table with 1,000 USD
1) How many bets did you lose or win?
2) How much percentage is your experienced house or player edge?
To answer my questions, please use the following format:
Example A)1) ? bets
2) ? %
Example B)1) ? bets
2) ? %
Example C)1) ? bets
2) ? %
My Pleasure my man.
Example A:
You started with $1,000 and left with $980 after 100 bets of $10 each. That’s a net loss of $20, which is the same as losing
2 bets.
Experienced house edge =
(20 / 1000) x 100 = 2.0%Example B:
You left with $1,020, a net gain of $20
(2 bets won).
Experienced player edge =
(20 / 1000) x 100 = 2.0%Example C:
You broke even, so you neither lost nor won any bets.
Experienced edge =
(0 / 1000) x 100 = 0%Here is also your explanation with crayons or hand puppets. I’m always happy to help those who struggle with basic math—no doctor’s note required.
Example ALet us define it in an easy to understand formula for you!
Total bets made = 100
Amount bet per round = 10 dollars
Starting balance = 1000 dollars
Ending balance = 980 dollars
Net loss = Starting balance minus Ending balance
Net loss = 1000 - 980 = 20 dollars
Number of bets lost (net) = Net loss divided by bet size
Number of bets lost (net) = 20 / 10 = 2 bets
Experienced house edge =
(Net loss divided by Total amount bet) times 100 percent
Total amount bet = 100 bets times 10 dollars = 1000 dollars
Experienced house edge = (20 / 1000) x 100 = 2.0 percent
Example BTotal bets made = 100
Amount bet per round = 10 dollars
Starting balance = 1000 dollars
Ending balance = 1020 dollars
Net gain = Ending balance minus Starting balance
Net gain = 1020 - 1000 = 20 dollars
Number of bets won (net) = Net gain divided by bet size
Number of bets won (net) = 20 / 10 = 2 bets
Experienced player edge =
(Net gain divided by Total amount bet) times 100 percent
Total amount bet = 1000 dollars
Experienced player edge = (20 / 1000) x 100 = 2.0 percent
Example CTotal bets made = 100
Amount bet per round = 10 dollars
Starting balance = 1000 dollars
Ending balance = 1000 dollars
Net result = Ending balance minus Starting balance = 0 dollars
Number of bets won or lost (net) = 0 / 10 = 0 bets
Experienced edge =
(Net result divided by Total amount bet) times 100 percent
Experienced edge = (0 / 1000) x 100 = 0 percent
No doctor degree needed for simple math. If you went to high school you would know this three-fold. Besides i am no "Online" Doctor, i am an Engineer at Bayerische Motoren Werke.
