vpFREE2 Forums

Full Pay, Proper Bankroll, Long-term, Random -- what's the difference?

Case 1:
Machine is either a FPDW or 10/7 DB.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

Case 2:
Machine is a Megabucks or QuarterMania.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

How do you explain the difference to others?

Case 1:
Machine is either a FPDW or 10/7 DB. (Pay Schedule is very GOOD)
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

Case 2:
Machine is a Megabucks or QuarterMania. (Pay Schedule is very GOOD)
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

How do you explain the difference to others?

···

--- In vpFREE@yahoogroups.com, "gilbert_616" <gilbert_616@y...> wrote:

You'd better define "others". Their gambling experience means
everything in terms of an answer.

To some, it's all simply gambling. Nothing more need be said in their
eyes.

- H.

gilbert_616 wrote:

···

Case 1:
Machine is either a FPDW or 10/7 DB.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

Case 2:
Machine is a Megabucks or QuarterMania.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

How do you explain the difference to others?

Oops...sorry Harry.
On "others", I am referring to some people who are strictly Slot
Machine players who wins a lot less than they lose. They play
regularly and when you tell them you are doing better than them
because you follow Case #2 you therefore need a good explanation on
what the difference(s) is/are between the two cases.

Most people look at the Pay Schedule (Jackpot included) which
basically contributes to being called Full Pay or Not. Since these
Megabucks or QuarterMania machines offer BIG jackpots, they can
easily say these should be rated as "Full Pay" machines too.

--- In vpFREE@yahoogroups.com, "Harry Porter" <harry.porter@v...>
wrote:

You'd better define "others". Their gambling experience means
everything in terms of an answer.

To some, it's all simply gambling. Nothing more need be said in

their

···

eyes.

- H.

gilbert_616 wrote:
> Case 1:
> Machine is either a FPDW or 10/7 DB.
> You have the proper bankroll.
> You plan on playing Long-term.
> The game is random.
>
> Case 2:
> Machine is a Megabucks or QuarterMania.
> You have the proper bankroll.
> You plan on playing Long-term.
> The game is random.
>
> How do you explain the difference to others?

you tell the case 2 millionaire (bankroll would have to be sky high
to be considered proper) to just keep his money safe by learning FPDW
& /or 10/7 & playing that. Not a viable; real world scenario as the
proper bankrolls (if there is really any such thing for Mega/Quarter)
are miles apart. Not a real choice at all.

···

--- In vpFREE@yahoogroups.com, "gilbert_616" <gilbert_616@y...> wrote:

Case 1:
Machine is either a FPDW or 10/7 DB.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

Case 2:
Machine is a Megabucks or QuarterMania.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

How do you explain the difference to others?

They are jackpot progressives which means nothing at all like Full
Pay does for VP. No relation at all. Payback unknowable without
knowledge of chip unlike VP.

···

Most people look at the Pay Schedule (Jackpot included) which
basically contributes to being called Full Pay or Not. Since these
Megabucks or QuarterMania machines offer BIG jackpots, they can
easily say these should be rated as "Full Pay" machines too.

--- In vpFREE@yahoogroups.com, "Harry Porter" <harry.porter@v...>
wrote:
> You'd better define "others". Their gambling experience means
> everything in terms of an answer.
>
> To some, it's all simply gambling. Nothing more need be said in
their
> eyes.
>
> - H.
>
> gilbert_616 wrote:
> > Case 1:
> > Machine is either a FPDW or 10/7 DB.
> > You have the proper bankroll.
> > You plan on playing Long-term.
> > The game is random.
> >
> > Case 2:
> > Machine is a Megabucks or QuarterMania.
> > You have the proper bankroll.
> > You plan on playing Long-term.
> > The game is random.
> >
> > How do you explain the difference to others?

Hello,

The two cases are very different. Let me see how I would explain this
to a Casino Virgin.

Case 1. In all probability you will be playing five coins on a cent,
nickel, quarter or dollar machine. It is very unlikely you will find
other denominations. The most you can expect to win in one play is,
then, $40, $200, $1,000 or $4,000, respectively. This might not
happen for days or weeks, even if you play ten hours a day, every
day. Your chances of winning one of those jackpots are roughly one in
40,000. You have knowledge of the payback and volatility of the
machine, so you can safely make a roughly approximate estimate of the
cost per day of gambling those ten hours. If you are industrious and
have the time, leisure and inclination to play steadily for a very
long time, it is fairly certain that you will make some money, though
that is by no means assured. You will have to remember some rules of
strategy in order to hold the proper cards, thus you should not drink
too much alcohol, it will cause you to make mistakes. Yes, you will
be dealing with cards, cybercards. Thus you must look at the monitor
constantly, which can be taxing on your sight. It is best to play
fast, and thus reap more riches; therefore it is to your advantage to
develop a two-hand style of gambling. It will not hurt to practice
playing the piano on your off days.

Case 2. You will be playing quarters or dollars, three at a time. You
will definitely not deal with other denominations. The most you can
expect to win in QuarterMania is hundreds of thousands of dollars,
millions of dollars in Megabucks. This might not happen in your
lifetime, the chances are comparable to winning the lotto. You can
figure out your cost of playing by knowing how fast you play, thus
how many coins you put in per hour. You can safely guess you get back
90%, ballpark figure. "Early to bed and early to rise, makes a man
healthy, wealthy and wise" will in all probability not work with
these machines in the most likely case that you never hit the top
jackpot, thus you should adopt the philosophy that you are paying for
entertainment. You will deal with machines that you don't have to
look at; and if you do, you will see reels, thus saving your sight.
You will not deal with cards at all, no need to pay attention to any
detail or learn any strategy. You will be dealing with Double
Diamonds, Triple Diamonds, Double Diamonds DeLuxe, Five Pay, Red
White and Blue, Diablo, Texas Tea, etc. You will encounter noises and
hear funny sentences like "I'm Armadillo, I mean Amarillo…" "Diablo!
Diablo!", etc. You can, if you want, forget about the machine and
concentrate on catching the eye of the cocktail waitress. No need
staying sober. If you get drunk, you can sleep all day the next day,
no need to practice the piano.

Hope this helps,

E.

···

--- In vpFREE@yahoogroups.com, "gilbert_616" <gilbert_616@y...> wrote:

Case 1:
Machine is either a FPDW or 10/7 DB.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

Case 2:
Machine is a Megabucks or QuarterMania.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

How do you explain the difference to others?

gilbert_616 wrote:

Case 1:
Machine is either a FPDW or 10/7 DB.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

Case 2:
Machine is a Megabucks or QuarterMania.
You have the proper bankroll.
You plan on playing Long-term.
The game is random.

How do you explain the difference to others?

My take on this is that I would attempt to keep the explanation basic,
yet address the salient points fully so that the reply is satisfying.

The assumption is that we're distinguishing between vp play where the
ER to a skilled player is positive, and a progressive jackpot slot
that has hit a level where it has a positive ER to any player who
approaches it. Here goes:

···

----------

A "positive" machine is one which, over a given amount of time going
forward, is expected to payout more than is won based upon an assumed
manner of play. Clearly these machines produce the greatest
expectation of a win, though by no means guarantee one.

A "positive" slot machine has such a large jackpot that total future
wagers can be expected to be smaller than the ultimate win. The
casino can afford this because it has already locked in profits
funding the current jackpot and further play creates more profits as
the jackpot grows more slowly than additional wagers. Ultimately,
one player will hit it big. Most others will lose with active play,
although anyone can come away a winner during a given session.

However, because one doesn't know how the casino has set the base
payback of the slot machine (typically low for progressive jackpots)
nor the expected time between jackpots, determining when a slot
machine is "positive" is very imprecise and not trustworthy. You're
winging it when you decide a machine is positive and largely taking a
"pot shot".

A "positive" video poker machine is dependent upon two things: First,
A favorable pay table (stated on the machine). It can be analyzed to
see if with appropriate play it can be played with reasonable
expection of winning. Second, a player must understand the play
strategy necessary to optimally take advantage of that paytable in a
disciplined manner in order to achieve the benefit of the "winning"
expectation.

Players who approach the vp machine meeting those requirements have a
reasonable expectation of winning over time, though by no means is it
guaranteed due to the considerable element of luck in play. Such
players need access to inexpensive computer software to ideally
identify the best machines avilabile and to determine and perfect the
related strategies. These players are a minority in the casino due to
the effort required.

----------

That's the basic explanation that should be given, and no more. If
the person's curiosity is piqued and they truly express an interest in
understanding more, then obviously there's much more to be shared.

But if their interested is sufficiently limited so that the simply say
"Oh", and don't press further questions, you've done the job.

- Harry