vpFREE2 Forums

Casino's Perspective

#1

My semi-educated guess is that they are betting that most players on the $5 plus ($25 per game) VP machines really don't have the bankroll (see sorokin and kelly formulas) for that level. Advantage players do, but they are probably in the minority (not many people can easily handle a $20 plus K loss). I am certainly one of the under bankrolled when I play the *&^(?!! NSUD $1 - 10 play ($50 per game) or 3/5 play (at least $15) multilines in New Awleans. $1K does not last very long on those machines. I then quickly retreat to the $1 JOBs. :frowning:

Also, I think that their actual $ hold is better on the $5 vs $.25 although the percentage may be the same even when you consider the advantage people.

Bob

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--- On Fri, 11/6/09, rreid0859 <rreid0859@yahoo.com> wrote:

This is a question that has always puzzled me. I see casinos, Harrah's in particular, remove attractive but losing paytables (9/6 JOB, NSUD etc.) from all but the highest denominations ($5, $10, $25). I read that well known advantage players are working these plays. I assume they are playing at advantage when cash back and bounce back are taken into account or they would not be playing them.

Why would those casinos offer advantage plays at large denominations but not at quarter or dollar denoms where the risk of offering them is less? Are these casinos betting on the premise that those players really are not sufficiently bankrolled for >the plays?

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#2

--- In vpFREE@yahoogroups.com, Robert Romanyshyn <bobfpdw@...> wrote:

My semi-educated guess is that they are betting that most players on the $5 plus ($25 per game) VP machines really don't have the bankroll (see sorokin and kelly formulas) for that level. Advantage players do, but they are probably in the minority (not many people can easily handle a $20 plus K loss).

Excellent point. And a proper bankroll is vital at any denomination.

I recall playing a $1 single-line 8/5 BP machine once. My initial deposit wasn't being depleted, but I wasn't prospering, either. It was just sort of a "sit there for awhile and break even" spell that you often get playing 9/6 Jacks or 8/5 BP. I call them "point-earner" sessions.

Adjacent to my machine was a 9/5 DDB machine. As I played, I honestly couldn't tell you how many people sat down, inserted $100, lost their money in 5-10 minutes, and then walked away. I lost count.

I wouldn't recommend 9/5 DDB as a playable game. But if you do choose to play it then at least give yourself a fighting chance by having enough bankroll to cycle through some hands. The chances of hitting anything with a kicker or even a 4K in, say, a maximum of 60 or 70 total played hands is bleak.

#3

Ummmm, no. How well the players are bankrolled has no effect on the
casino's return. Whether on person plays a million hands or a million
people each play one hand, the return and the distribution of results
(from the casino's perspective) are identical. Everything else being
equal of course.

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On Sat, Nov 7, 2009 at 8:03 AM, Robert Romanyshyn <bobfpdw@yahoo.com> wrote:

My semi-educated guess is that they are betting that most
players on the $5 plus ($25 per game) VP machines really
don't have the bankroll (see sorokin and kelly formulas) for
that level. Advantage players do, but they are probably in
the minority (not many people can easily handle a $20 plus
K loss).

#4

But, isn't it a fact, for the casino, they see a certain number of hands go through the machine, per day, no matter how many different people may have sat down to play a few hands at a time. The casino has to be relying on the variable (i.e., bad) skill levels of the particular people who sit down, to garner a "win" for those large denomination machines.

Just a thought...

..... bl

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--- In vpFREE@yahoogroups.com, "mikeymic" <mikeymic@...> wrote:

--- In vpFREE@yahoogroups.com, Robert Romanyshyn <bobfpdw@> wrote:
> My semi-educated guess is that they are betting that most players on the $5 plus ($25 per game) VP machines really don't have the bankroll (see sorokin and kelly formulas) for that level. Advantage players do, but they are probably in the minority (not many people can easily handle a $20 plus K loss).

Excellent point. And a proper bankroll is vital at any denomination.

I recall playing a $1 single-line 8/5 BP machine once. My initial deposit wasn't being depleted, but I wasn't prospering, either. It was just sort of a "sit there for awhile and break even" spell that you often get playing 9/6 Jacks or 8/5 BP. I call them "point-earner" sessions.

Adjacent to my machine was a 9/5 DDB machine. As I played, I honestly couldn't tell you how many people sat down, inserted $100, lost their money in 5-10 minutes, and then walked away. I lost count.

I wouldn't recommend 9/5 DDB as a playable game. But if you do choose to play it then at least give yourself a fighting chance by having enough bankroll to cycle through some hands. The chances of hitting anything with a kicker or even a 4K in, say, a maximum of 60 or 70 total played hands is bleak.