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John Grochowski CCT Column - 5 SEP 2006

Why Video Poker Pros Always Play Full Coin
+ Skip Hughes HOF Congratulations

http://grochowski.casinocitytimes.com/articles/29194.html

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http://grochowski.casinocitytimes.com/articles/29194.html</a>

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In this column, he says:

"In video poker, the house makes ALL its money on coins Nos. 1 through
4. On the fifth coin, the player has an edge. That goes even for lower-
paying games. On 8-5 Jacks or Better, the payoff on coins Nos. 1-4 is
only 96.06 percent. But on the fifth coin alone, we get back 102.26
percent, raising the overall return on the machine to 97.3 percent."

How do you get 102.26% return on a 8/5 Jacks or Better game?

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--- In vpFREE@yahoogroups.com, "vpFae6128305" <vpfae6128305@...> wrote:

Why Video Poker Pros Always Play Full Coin
http://grochowski.casinocitytimes.com/articles/29194.html

Adams Myth wrote:

In this column, he says:

"In video poker, the house makes ALL its money on coins Nos. 1 through
4. On the fifth coin, the player has an edge. That goes even for lower-
paying games. On 8-5 Jacks or Better, the payoff on coins Nos. 1-4 is
only 96.06 percent. But on the fifth coin alone, we get back 102.26
percent, raising the overall return on the machine to 97.3 percent."

How do you get 102.26% return on a 8/5 Jacks or Better game?

We don't usually express vp return in terms of incremental return for
each coin bet, but it's a reasonable statement of what you get for
betting 5 coins vs. 4. (However, I come up with a value of 103.96%.)

When compared with what you get for a 4 coin wager, a fifth coin gets
you a standard prorata increase in payout for all lines except the
royal. On the royal, you go from 1000 coins paid for the 4 coins (250
ea) to 4000 coins, an increase of 3000 for that last coin.

So, pop an 8/5 Jacks paytable into a calculator where you set the 1
coin RF to 3000 (or 5 coin to 15000), and you'll see that the wager of
the last coin returns 103.96% -- unfortunately, you have to wager 4
coins at a significant negative return to take advantage of that nice
bonus.

- Harry
- Harry

Harry,

  I think this is what John Grochowski was using.

8/5 JB 1 coin bet = 96.06% EV

8/5 JB 5 coin bet = 97.3% EV

97.3 x 5 = 486.5

96.06 x 4 (coins) = 384.24

486.5 - 384.24 = 102.26

5-card

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From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
Harry Porter
Sent: Thursday, September 07, 2006 3:52 AM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: John Grochowski CCT Column - 5 SEP 2006

We don't usually express vp return in terms of incremental return for
each coin bet, but it's a reasonable statement of what you get for
betting 5 coins vs. 4. (However, I come up with a value of 103.96%.)

When compared with what you get for a 4 coin wager, a fifth coin gets
you a standard prorata increase in payout for all lines except the
royal. On the royal, you go from 1000 coins paid for the 4 coins (250
ea) to 4000 coins, an increase of 3000 for that last coin.

So, pop an 8/5 Jacks paytable into a calculator where you set the 1
coin RF to 3000 (or 5 coin to 15000), and you'll see that the wager of
the last coin returns 103.96% -- unfortunately, you have to wager 4
coins at a significant negative return to take advantage of that nice
bonus.

- Harry

__

[Non-text portions of this message have been removed]

5-card wrote:

I think this is what John Grochowski was using ...
... 486.5 - 384.24 = 102.26

My mistake. Using a return analyzer (bdwp/fvp) as I suggested makes a
distorted strategy assumption. Simple math's the way to go :wink:

- H.