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The house doesn't take the extra risk--you do. When you flip that theoretical coin at the casino, you only win, say, $9.75; if you lose, the entire $10 goes to the house.
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The approximate standard deviation (SD) figures for the play-all style approach with ordinary bet spreads are as follows: 1. For a single-deck game with a bet spread of 1-4, the SD is 2.35; 2. For a double-deck game with a bet spread of 1-8 units, the SD is 3.00; 3. For a four-deck game with a bet spread of 1-8 units, the SD is 3.50; 4.
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