Just trying to stay alive

Oct 30, 2006 3:59 AM

Our question this week is, given a $100 bankroll, a certain house percentage, and a certain priced ticket, how many games can we play before our bankroll is consumed? The answer is easily computed using the formula:

Bankroll

_______________ = Average games to depletion

PC x Amount Bet

For those of you who do not want to do this calculation, I have provided a chart here to save you some work:

 

 Bet Games to Bankruptcy

PC=  25% 26% 27% 28% 29% 30%
$1.00 400 385 370  357 345 333
$1.50 267 256 247 238 230 222
$2.00 200 192 185 179 172 167
 $2.50  160 154 148 143 138 133
$3.00 133 128 123 119 115 111
$3.50 114 110 106 102 99 95
$4.00 100 96 93 89 86 83
$4.50  89 85 82 79 77 74
$5.00 80 77 74 71 69 67
$5.50 73 70 67 65 63 61
$6.00  67 64 62 60 57 56
$6.50 62 59 57  55 53 51
$7.00  57 55 53 51 49 48
$7.50  53 51 49 48 46 44
$8.00  50 48 46 45 43 42
$8.50 47 45 44 42 41  39
$9.00 44 43 41 40 38 37
$9.50 42 40 39 38 36 35
$10.00 40 38 37 36 34 33

It is an interesting fact that the above formula will work for any casino game. For instance, if you are playing a 25¡ video poker game with a 2% house edge, $1.25 per hand, and your bankroll is $100.00, you can expect, on average, to play 4,000 hands before going broke.

 

Well, that’s it for now. Good luck! I’ll see you in line! Email: [email protected]