Are you kidding me? If this is true I am quitting my day job.
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Subject: [vpFREE] Mark Pilarski (a friend) Video Poker info
Date: Sat, 31 May 2008 16:06:31
From: Terrence Murphy <tismurph@hotmail.com>
To: <vpFREE@yahoogroups.com>
Deal Me In by Mark Pilarski
May 30, 2008
Dear Mark: As a video poker player, what should my beginning bankroll
be? I typically play $1 machines. Norm N.
In the gaming business it's called "risk of ruin." The risk of ruin
is the chance that standard deviation will wipe out your bankroll
before you have a chance to win what your pre-determined win goals
were. What you need in order to weather risk of ruin is a decent
sized bankroll. If your bankroll is too small to handle the swings
caused by standard deviation, you can get your clock cleaned.
Video poker players should have an adequate bankroll of at least 40
times their typical bet, if not more. With an adequate bankroll, you
can last through a cold streak and still be in action when a hot
streak comes along.
So, Norm, on a dollar machine, you should have a bankroll of at least
$200 (five coins in per hand times 40).
Dear Mark: What are your thoughts on players who like to believe that
one video poker machine that they regularly play is luckier than
another? Every time my sister and I go to the casino she runs to one
particular machine that she claims pays out more. June D.
It doesn't make one iota of difference whether she always plays
her "favorite" video poker machine or bounces around. As long as the
paytables are the same, she can expect the same long-term payback.
What I can't rule out, is that your sister accidentally happened on a
video poker machine that has a much better paytable than the other
machines surrounding it, so yes, June, it would pay out more.
I once had a favorite video poker machine at the Club Cal Neva in
Reno that I would play after pitching cardboard for eight hours. It
was a bar-top, so along with my after-shifter, I figured it was
worthy of a couple of bucks before I headed up to the lake (Tahoe). I
hit a royal and a dozen four-of-a-kinds over the year that I worked
there, and I'm sure I cashed out more than I put in. But deep down I
knew, or would like to think that I should have known, that the
probabilities of royals or four-of-a-kinds appearing remain the same
on all the machines, on every hand.
Gambling Wisdom of the Week: All losers praise their own systems. VP
Pappy, Midwest Casino Guide
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You can email Mark at pilarski@markpilars ki.com
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