Bob Dancer's LVA - 7 JUL 2015
How Hot Do You Like It?
http://www.lasvegasadvisor.com/bob_dancer/2015/0707.cfm
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Bob wrote: "However, with a half-percent slot club (i.e. cashback = 0.50%), you need a $3,793 bankroll for JoB and a $16,147 bankroll for TDB."
Something doesn't seem right. A 0.5% slot club would give you a 0.04% edge at best on 9/6 jacks, that would put the approximate Kelly bankroll at 19.5/0.0004 = 48,750 bets.
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I don’t know much about Kelly, but I know enough to know that $4,000 is an insufficient bankroll for $9/6 Jacks, and you can make the slot club 1%, and it still would not be enough.
Regards
A.P.
From: mailto:vpF…@…com
Sent: Tuesday, July 07, 2015 3:51 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: Bob Dancer's LVA - 7 JUL 2015
Bob wrote: "However, with a half-percent slot club (i.e. cashback = 0.50%), you need a $3,793 bankroll for JoB and a $16,147 bankroll for TDB."
Something doesn't seem right. A 0.5% slot club would give you a 0.04% edge at best on 9/6 jacks, that would put the approximate Kelly bankroll at 19.5/0.0004 = 48,750 bets.
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I think he is talking about a quarter game. Obviously you can lose $3700 on a dollar JOB easily if you don't hit a royal in a cycle.
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VpKing77 wrote: "I think he is talking about a quarter game. Obviously you can lose $3700 on a dollar JOB easily if you don't hit a royal in a cycle."
Even at quarters, the approximate Kelly bankroll for 9/6Jacks+0.5% would be almost $61,000. It's possible he meant 9/6Jacks+1%, at quarters the approximate Kelly bankroll would be about $4900. He really didn't define long term bankroll well, did he mean the Kelly bankroll, or the 10% ROR bankroll, or the 1% ROR bankroll, or what? There are different kinds of "long term bankroll" so you have to define what system you are using.
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I think he is talking about the bankroll for a two hour session, 1200 games, for dollars.
Mickey wrote: "I think he is talking about the bankroll for a two hour session, 1200 games, for dollars."
$3,793 for 1200 hands of dollar 9/6 Jacks? Seems a little excessive to me.
Jazbo did the curves for 1000, 5000, and 10000 hands:
Video Poker Probability Distributions http://www.jazbo.com/videopoker/curves.html
http://www.jazbo.com/videopoker/curves.html
Video Poker Probability Distributions http://www.jazbo.com/videopoker/curves.html Video Poker Probability Distributions Copyright © 1999, Jazbo Enterprises Last changed 1/9/99
View on www.jazb... http://www.jazbo.com/videopoker/curves.html
Preview by Yahoo
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noti? Something troubling you??
Never seen you this distracted before (your reading comprehension's gone to crap ...)
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NOTI said: "$3,793 for 1200 hands of dollar 9/6 Jacks? Seems a little excessive to me. "
YUP! I agree. I think $4,000 is good for something like 10,000 hands of dollar 9/6 JOB (short term ROR using Dunbar's ROR calculator).
..... bl
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vp_wiz wrote: "noti? Something troubling you?? Never seen you this distracted before (your reading comprehension's gone to crap ...)"
Bob wrote: "However, with a half-percent slot club (i.e. cashback = 0.50%), you need a $3,793 bankroll for JoB and a $16,147 bankroll for TDB."
My question is what denomination does this apply to? Mickey raised the possibility that it applies to 1200 hands of dollar denomination and I questioned that also. You questioned my reading comprehension. So maybe you can shed some light on my original question. What denomination do you think it applies to?
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noti ... column is specific that $1 play is involved. Article cites stats for short term play of 1200 hands as well as "long term" play. You seem to be stumbling in reading and confusing details under each scenario.
But still, Bob's $4k "long-term" bankroll for $1 9/6 jb (+0.5% cb) looks more suited for dimes rather than bucks. Not taking the time to figure what ROR he used, or how else his number can be fitted to some risk scenario.
---In vpFREE@yahoogroups.com, <nightoftheiguana2000@...> wrote :
vp_wiz wrote: "noti? Something troubling you?? Never seen you this distracted before (your reading comprehension's gone to crap ...)"
Bob wrote: "However, with a half-percent slot club (i.e. cashback = 0.50%), you need a $3,793 bankroll for JoB and a $16,147 bankroll for TDB."
My question is what denomination does this apply to? Mickey raised the possibility that it applies to 1200 hands of dollar denomination and I questioned that also. You questioned my reading comprehension. So maybe you can shed some light on my original question. What denomination do you think it applies to?
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I am probably wrong but I thought Bob was talking about .25 because he has said a rough figure for a bankroll is about 4x the royal.I thought this was a great article, reinforcing some of Bob's teachings and he made it relevant for quarters and less players.
To: vpFREE@yahoogroups.com
From: vpFREE@yahoogroups.com
Date: Fri, 10 Jul 2015 16:26:32 -0700
Subject: [vpFREE] Re: Bob Dancer's LVA - 7 JUL 2015
noti ... column is specific that $1 play is involved. Article cites stats for short term play of 1200 hands as well as "long term" play. You seem to be stumbling in reading and confusing details under each scenario.
But still, Bob's $4k "long-term" bankroll for $1 9/6 jb (+0.5% cb) looks more suited for dimes rather than bucks. Not taking the time to figure what ROR he used, or how else his number can be fitted to some risk scenario.
---In vpFREE@yahoogroups.com, <nightoftheiguana2000@...> wrote :
vp_wiz wrote: "noti? Something troubling you?? Never seen you this distracted before (your reading comprehension's gone to crap ...)"
Bob wrote: "However, with a half-percent slot club (i.e. cashback = 0.50%), you need a $3,793 bankroll for JoB and a $16,147 bankroll for TDB."
My question is what denomination does this apply to? Mickey raised the possibility that it applies to 1200 hands of dollar denomination and I questioned that also. You questioned my reading comprehension. So maybe you can shed some light on my original question. What denomination do you think it applies to?
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You are probably correct. Unfortunately Bob hasn't bothered to clarify his article, and observing the number of posts made here concerning the article, he obviously failed to write an article that was clear. We should all not bother commenting on it any longer, because all we are doing is guessing as to what he was trying to do, and clearly not getting a consensus..
Regards
A.P.
-----Original Message----- From: ken orgera keno60@hotmail.com [vpFREE]
Sent: Friday, July 10, 2015 9:04 PM
To: vpFREE@yahoogroups.com
Subject: RE: [vpFREE] Re: Bob Dancer's LVA - 7 JUL 2015
I am probably wrong but I thought Bob was talking about .25 because he has said a rough figure for a bankroll is about 4x the royal.I thought this was a great article, reinforcing some of Bob's teachings and he made it relevant for quarters and less players.
To: vpFREE@yahoogroups.com
From: vpFREE@yahoogroups.com
Date: Fri, 10 Jul 2015 16:26:32 -0700
Subject: [vpFREE] Re: Bob Dancer's LVA - 7 JUL 2015
noti ... column is specific that $1 play is involved. Article cites stats for short term play of 1200 hands as well as "long term" play. You seem to be stumbling in reading and confusing details under each scenario.
But still, Bob's $4k "long-term" bankroll for $1 9/6 jb (+0.5% cb) looks more suited for dimes rather than bucks. Not taking the time to figure what ROR he used, or how else his number can be fitted to some risk scenario.
---In vpFREE@yahoogroups.com, <nightoftheiguana2000@...> wrote :
vp_wiz wrote: "noti? Something troubling you?? Never seen you this distracted before (your reading comprehension's gone to crap ...)"
Bob wrote: "However, with a half-percent slot club (i.e. cashback = 0.50%), you need a $3,793 bankroll for JoB and a $16,147 bankroll for TDB."
My question is what denomination does this apply to? Mickey raised the possibility that it applies to 1200 hands of dollar denomination and I questioned that also. You questioned my reading comprehension. So maybe you can shed some light on my original question. What denomination do you think it applies to?
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According to this week's internet show which was prerecorded, he is out of the country at this time.
Sent from my iPhone
On Jul 10, 2015, at 6:12 PM, 'Albert Pearson' ehpee@rogers.com [vpFREE] <vpFREE@yahoogroups.com> wrote:
Unfortunately Bob hasn't bothered to clarify his
article