What is meant by "graphical representation of NO"?
[Non-text portions of this message have been removed]
Graphical representation of NO--reaching "Nhell"
Visualize a bell shaped curve that is near normal sitting on continuu running from a negative return of hands played to a positive return of hands played. For a positive vp game the following would be seen: At the 100% (or break even) value, 84% percent of the area under the curve would lie to the positive side of 100% value and the remaining 16% would lie to the negative (loss) side of that value. The 100% point would be one std dev to the left of the mean or expected return of the game, thereby putting 84% of the area (recall that one std either side of the mean contains 34% of the area, so 34%to the left and 50% to the right =84% total) from break even to positive return. The significance of NO number of hands, is that is the number of hands required to cause the std dev be equal to the difference between the expected return and 100% (Example in FPDW the expected return is 100.76%. So, 100,76% minus 100% = 0.76%. O.76% has to be the std dev of the NO curve in order that the above percentages would be true. As has been pointed out on here, 446,000 of FPDW would have to be played perfectly, with no other cash back and etc to expect your outcome to fall between break even or into the positive values under the curve.
Normaly, one thinks of std dev as being bets or coins in, but that can be converted to return percentage. Or you could make the NO curve in terms of bets or coin in and then convert the final numbers to a percent return. Either way works.
My orginal question was really my attempting to confirm the above, by asking basically how I would construct said curve, if all I had was a deck of card and was willing to let a histogram (bar type chart) represent the curve. That assumed that lots of replays of the NO size number of hands were played and played and at the end of each session (446,000 hands in FPDW) the return was calculated and accumulated in a histogram. Obviously that would take several lifetime, but the concept hold true. After verifying the concept, I am willing to use it.
The confusion came from several references to curves generated by Jazbo that were considerably less than NO number of hands, and I was not able to differentiate between the two references, until we hashed it out. The references were good as far as they went, as they were intended to show what the graphical representation would look like, but confusing, because I knew they were a long way from NO numbers so I and hung in there until I got it clarified.
ยทยทยท
--- In vpFREE@yahoogroups.com, "Louis Mogol" <LouMogol@...> wrote:
What is meant by "graphical representation of NO"?
[Non-text portions of this message have been removed]