Quote from: AHOYBRAUSE on Today at 09:11:21 AM

Quote from: BlackyJacky on November 09, 2024, 10:45:36 PM

Quote from: AHOYBRAUSE on November 09, 2024, 05:36:26 AM

What has house edge to do with expected losses in a win/lose ratio??

The house edge determines the percentage of bets you will lose long-term.

For example, if the advertised house edge is 0,5%, then long-term you should lose 0,5% of your bets placed.

Quote from: AHOYBRAUSE on November 09, 2024, 05:36:26 AM

House edge will be accounted for wins and losses profit wise, not for the game outcome :: .

The chance for a win is only over 42% while the rest is accounted for losses or pushes. In other words, your calculation makes 0 sense.

When you claim the chance for win is only 42%, you claim that the house edge is 8%, right?

Because 50% minus chance to win 42% = 8% house edge!

But when you say the house edge is 8% and Stake says the house edge is only 0,5%, one of you is lying, right?

LOL, house edge doesn't determine how many bets you will lose, who told you this nonsense. House edge is how much MONEY you are losing at a cetain amount of bets, this has absolutely nothing to do with a projected win/loss ratio.

You can win 50 games and lose 50 games and still lose money, because of the house edge.

You should gets your facts straight man. Also, around 42% is the possible winning chance in any BJ game, anywhere. That doesn't mean that the house edge is 8% because you are ( as always ) forgetting about games that end in a push. You have been told this a million times in here and still you are posting your nonsense numbers, slowly this feels like you are just trolling and know you are actually wrong. Roll Eyes

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LOL, house edge doesn't determine how many bets you will lose... You can win 50 games and lose 50 games and still lose money

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