Post
Topic
Board Gambling
Re: ⚖️ Crypto Gambling Foundation ⚖️ - Fair Gambling For All
by
zTec
on 05/03/2024, 08:54:02 UTC

If you take a look at my statistics here https://ibb.co/Hxf8NpR you can see the following total numbers:

Bets: 180,904

Wins: 78,285

Losses: 86,612

If we reduce the number of wins from the number of losses, we can see that I lost 8,327 bets (86,612 minus 78,285 = 8,327)

Losing 8,327 bets out of 180,904 bets placed = 4,6% of the bets lost.


"According to my blackjack appendix 4, the probability of an overall win in blackjack is 42.22%, a tie is 8.48%, and a loss is 49.10%." (source: Wizard of odds)
According to the above, you have more wins in statistics than the mathematical expectation. Perhaps the real question is: what is your total wager and profit/loss?