Thread: betflipping
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  #11  
Old 06-09-2014, 06:14 PM
Fiberwyre_P2P Fiberwyre_P2P is offline
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Quote:
Originally Posted by Kohola_KinG View Post
Spiel about some guy winning 10 times in a row
The odds of someone winning a 50/50 game 10 times in a row is about 1 in 1024.

You are just throwing numbers out to make a point, but that's not actually how it would go down.

If it's 50/50, you would statistically win about as much as you lose, and the house would be collecting fees the whole time. Either way, if you're up or down, you're losing more money than you're winning.

Not only that, but the buy-in could be a lot more than $300 if you're talking about a $25,000 table. Maybe it should just be an even 10% for every table.

If you charge a $2,500 fee for a $25k table, you would win $22.5k, but you would lose $27.5k.

Also, aren't you always one of those people who make fun of me or whoever else when they bring up realism in this game? **** off.
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