On: The Man Who Broke Atlantic City

[zone411]

No, you are hugely underestimating variance in blackjack and the amount of hands needed to approach statistical significance.

If you do the math, you should see that after 14,000 hands with 0.25% house edge, the chance of a gain is around 40%.

[TylerE → zone411]

Given a chance of being up of 40%, the chance of being up (and this is ignoring the magnitude of the win) over 3 separate trials is 6.4%.