vpFREE2 Forums

losing streaks and recovery methods

In a message dated 3/15/2006 3:40:40 A.M. Pacific Standard Time,
harry.porter@verizon.net writes:

As improbable as it may seem, the ROR of a positive play for 5c
10-play with any given bankroll is significantly smaller than single
line $.25 play because of the dispersion of risk

Amazing. Well, it sure doesn't feel that way <sad smile>.

Karen

"She was not quite what you would call refined. She was not quite what you
would call unrefined. She was the kind of person that keeps a parrot."
- Mark Twain

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

I wrote:

As improbable as it may seem, the ROR of a positive play for 5c
10-play with any given bankroll is significantly smaller than
single line $.25 play because of the dispersion of risk

krallison416 replied:

Amazing. Well, it sure doesn't feel that way <sad smile>.

That's not unusual.

At 500 plays/hr. on the 10-play, you'd put through 40% more coin-in
each hour than playing $.25 single line @ 700 hands/hr (adjust for
your actual rate of play).

Consequently, given the higher coin-in on the 10-play, you're looking
at greater hourly loss potential. And, since you're likely to put
through more coin-in with 10-play on any single trip, your trip loss
potential is greater as well.

However, when you look at your win/loss variance of both plays,
expressed as a % of a fixed coin-in amount, the nickle 10-play will
come in with smaller swings. Assuming "positive" plays under
comparable conditions (same game/cb), you're exposed to less bankroll
risk on the 10-play.

It's understood that because you're travelling at a higher "velocity"
(wager per bet) on the 10-play you're white-knuckling it a bit
relative to the single-line play, but the truth is that you're in a
safer vehicle.

Bottom line, quarter play will preserve your bankroll on a trip by
trip basis -- but it'll be lower total coin-in that's involved. You
can accomplish the same by simply cutting back your 10-play coin-in.
And, for any given fixed trip stake, the 10-play is likely to give you
the greater coin-in (though hardly greater time at the machine).

- Harry