After how many bets am I expected to be losing 1 chip in Blackjack?
I play in Europe, and the rules here are:
Dealer stands on S17
Dealer does not peak for blackjack
You can surrender against 2-10
You can double on hard 9-11
You can split aces as many times as you want but you can not hit them
You can double after splitting
BJ pays 3:2(as it should)
Using only basic strategy(no card counting) I will double:
11 against 2 to 9
10 against 2 to 9
9 against 3 to 6
and split in this: AA against 2 to 9
99 against 2 to 9 expcept 7
88 against 2 to 9
77 against 2 to 7
66 against 2 to 6
44 against 5 and 6
33 against 2 to 7
22 against 2 to 7
It is 6 decks I belive.
Most house edge calculators tell me the house edge is somewhere between 0.45 and 0.55, but my question is: the house edge applys to ALL the money that was bet, right? so I can't just divide 100 by the house edge and say ''after 200 hands I will have lost the ammount that I am betting every hand''
I want to know, given the house edge and the % of times that I am doubling or spliting (DAS is super rare so maybe that can be not taken into account), after how many hands am I expected to be losing the ammount that I am betting every hand(I am always betting the same value, say 10 for example)
I think the formula would be: Expected amount betted per hand/House edge