Online casino with .11% advantage!!!

[dacium]

Guys.. this house edge is far to small to expect any sort profit in the short term (even over thousands and thousands of hands).

For example the guy said he lost $825 after $70,000.
The standard deviation is 0.0131475 * 7000 = 92.03 units. While the expected win is just 7.7 units... Here in lies the problem, the deviations is way way way bigger than the expected win, so he is basically just luck to if or not he wins.

It takes 1 million hands just to get the expected win (1100 units) to match the standard deviation (1100). So you need to wager 10 million dollars just to have a 65% chance of being in profit.

Good luck... but you will never get anywhere with this.

 

[dacium]

The best way to make money would be to bet exactally to the kelly criterion.

So for edge of 0.11% you should be betting 0.11% of your bankroll. So if you are betting $10 you should be starting with a bankroll of at least $9,000, and increaseing your bet if you go above $9,000. This should allow you to make a profit in a few hundred thousands hands with 65% probability rather than millions of hands.