Bodog currently has a Blackjack promotion where they are approaching a billion hands and celebrating by giving prizes to every millionth hand leading up to the billionth hand. Here are the list of current winners:
http://www.bodog.com/play-now/blackjack-billionth-hand/winners.html
I was wondering if we could calculate from this list how much Bodog is bringing in through Blackjack.
It's a small sample size but it appears as if they go through a million hands every 2 days. I'm not sure what the average hand in blackjack would be since their minimum is $1 but I'm going to assume it's $20 (I don't know, maybe lower?). Typical Vegas odds give 0.28% to the house. Using these assumptions:
Per day, 500,000 hands X $20 avg bet X 0.28% take = $28,000 per day.
Whaddyathink?
http://www.bodog.com/play-now/blackjack-billionth-hand/winners.html
I was wondering if we could calculate from this list how much Bodog is bringing in through Blackjack.
It's a small sample size but it appears as if they go through a million hands every 2 days. I'm not sure what the average hand in blackjack would be since their minimum is $1 but I'm going to assume it's $20 (I don't know, maybe lower?). Typical Vegas odds give 0.28% to the house. Using these assumptions:
Per day, 500,000 hands X $20 avg bet X 0.28% take = $28,000 per day.
Whaddyathink?
