Casino Talks

Posted by: Got2Bet at May 23, 2002, 8:30 am
Topic: Microgaming HALL OF SHAME Forum: Winner Online

I'm a bad boy. I responded four times when I was only given one last shot.

The coup de grace:
http://www.1freebaccarat.com/www/cardcaounting2.htm

The final table indicates the expected revenue per 100 bets and a $1000 wager every time a positive expected alue occured. Please remember that this table assumes the player is able to keep a perfect count and the casino is not going to mind the player only making a bet once every 475 hands of less.

[code]
Penetration Expected Profit
Banker Player Tie
90 percent $0.01 $0.00 $0.00
95 percent $0.20 $0.06 $0.15
98 percent $2.94 $1.77 $11.93[/code]
Just how often does a casino go to 98% deck penetration? And who the hell is going to wait 475 hands to bet $1000 - multiplied by 100 bets (47500 hands) - to make a profit this miniscule?

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Spearmaster
Got2Bet - Online Gambling News and Information

[This message has been edited by Got2Bet (edited 05-23-2002).]

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