I�ve been doing some calculations on excel but was hoping someone a lot smarter then me could verify some of my numbers. Assume I�m backcounting a 5/6 penetration S17 DAS 1-12 spread with a $50 unit bet:
Question 1: After one hour of play, what can I expect my range to be when considering 3 standard deviations? (I think it would be -$4,684 to $4,931 with expected profit of $124)
Question 2: How many hours of blackjack would I have to play before I will be in the black when running 3 standard deviations badly? (I think it would be after 1,516 hours at which point you�d have a range of $42 and $374,410 with an expected profit of $187,184).