A blackjack player at a Las Vegas casino learned that the house will provide a free room if play is for four hours at an average bet of $50. The player’s strategy provides a probability of .49 of winning on any one hand, and the player knows that there are 60 hands per hour. Suppose the player plays for four hours at a bet of $50 per hand. Anderson, David R.. Essentials of Statistics for Business and Economics (p. 300). South-Western College Pub. Kindle Edition.