vpFREE2 Forums

Bob Dancer's LVA - 1 JUL 2014

I suppose you might argue, noti, that this strategy is applicable for somewhere with the rep of Atlantis in Reno. Still, a better strategy might be, “why bother to play there in the first place?”

In any case, the "Atlantis’ " tend to represent a nominal portion of an active player’s play , so while I consider your observation “fair”, it’s marginal in significance.

—In vpF…@…com, <nightoftheiguana2000@…> wrote :

007 wrote: "There was a team a few decades ago that locked up many progressives

they played and the progressives had huge meter movement. I estimated

their “max-EV” strategy cost them 5 figures per year."

A similar idea to think about: say there is a casino with a juicy mailer but they no mail you as soon as you get a royal. Clearly the min-royal strategy (not maxEV) would get the most money in that case.

dunbar wrote: "NOTI
where is that “10x Kelly” coming from? $5 Jacks plus 1% (as in cashback) would require just $181K for a 1% RoR. (using the jazbo-Sorokin equation) "

10x is wrong, my bad. Should be about double Kelly, which would be close to your figure above (my estimate should have been $195K). But then, at double Kelly, I don’t think one can just assume maxEV is always the optimal choice.

(Kelly is about 10% ror, 2x would be about 1% ror, 4x would be about 0.1% ror …)