vpFREE2 Forums

Million Dollar Video Poker Jackpot on Hold

#1

Many people that know me know that I have a patent on multi-line video
poker. I pitched IGT the opportunity where a player could get
$1,000,000 jackpot if they hit so many number of royal flushes on the
draw (you can't flop royal flushes in my game as is the case for the
Moody patent).

IGT came back and said the math works but they have little interest in
such a game. Well, I tried to give video poker players the same
opportunity as megabuck jackpots. For those that are curious, the math
can support jackpots to as high as $30 millions, if not more.

#2

With any given bankroll, what are your thoughts on playing higher
denominations on lower variance games? For example, given bankroll X, play
$0.50 DDB, but switch to BP if you move up to $1. Is there any validity to
this?

What about switching denomination as a "last ditch effort" to make up
losses. For example, you've been playing $0.50 DDB and exhausted $800 of
your $1000 bankroll for that day's play. What are your thoughts on moving
up to $1 or $2 in hopes of hitting quad and making up most of your losses,
of course whilst also realising that you might loose your last $200 really
quickly if you don't get lucky?

Finally, do any of you switch games depending on how well or poorly a
session is going? For example, maybe after gaining $500 playing JOB, switch
to DDB in hopes of further increasing your gains using your $500 profit as
your new bankroll for the higher risk game? Or, after losing $500 playing
JOB, switch to DDB in hopes of getting lucky and making up that loss more
quickly? Or, after getting lucky early playing DDB and winning $500, switch
to BP or JOB to play a bit longer but with less of the risk of a high
variance game?

Or, should we just stick to one game, one denomination, and play it
throughout the entire session...come what may?

I'd be interested to hear your opinions on any of these lines of thought.

#3

Or, should we just stick to one game, one denomination, and play it
throughout the entire session...come what may?

I'd be interested to hear your opinions on any of these lines of

thought.

If I am down a large portion of my session bankroll, I might switch
to a higher-volatility game in an attempt to "make up my losses",
but keep the denomination the same. Moving up in denomination just
seems to accelerate my demise.

The trouble is, the choices aren't between equivalent EV games. If I
was getting smoked at NSUD, perhaps I could find a 10/7 DB game;
perhaps not. Likewise, if I were playing FPDW, any change in game--
except to FPJW--would be a drastic cut in % EV--I would have to drop
down to DB or 10/6 DDB.

I've hit so often on my last few credits, though, that I am still
inclined to play the entire session bankroll down to zero on the
same game.

#4

With any given bankroll, what are your thoughts on playing higher
denominations on lower variance games? For example, given bankroll

X, play

$0.50 DDB, but switch to BP if you move up to $1. Is there any

validity to

this?

My answer: I typically play 25c DDB 9/6 progressive. I generally take
$500. Lately, if I lose the first 300 AND have not hit 4ok,
particularly better paying 4ok, I've been moving to $1 9/5 DDB
progressive. All I know is it's worked 4 otta 5 times I've done it.
Last nite my last $20 brought 4 Aces; my $$$ back plus a pretty good
profit. Little I know about it, isn't this somewhat what our ole buddy
Singer expounds? I'm guessing the pro's would lambast my system, but
then I've always been a martingale-kinda-guy.

···

--- In vpFREE@yahoogroups.com, "Nathan O. Roemer" <public@...> wrote:

#5

With any given bankroll, what are your thoughts on playing higher
denominations on lower variance games? For example, given

bankroll X, play

$0.50 DDB, but switch to BP if you move up to $1. Is there any

validity to

this?

(I'm reposting this with a better explanation of the table)

If you mean can you get similar fluctuation by adjusting
denomination and variance, then the answer is yes.

Here is a comparison of 50c DDB with $1 BP for 2000 hands (5 hours
of 400 hands/hr or 4 hrs of 500 hands/hr), starting with a $1000
bankroll:
(using Dunbar's Risk Analyzer for Video Poker)

% CHANGE, 50c DDB, $1 BP
lose 100%, 4%, 10%
lose 80% to 99%, 6%, 5%
lose 60% to 80%, 12%, 11%
lose 40% to 60%, 15%, 15%
lose 20% to 40%, 15%, 15%
lose up to 20%, 13%, 13%
win up to 20%, 9%, 9%
win 20% to 40%, 7%, 7%
win 40% to 60%, 5%, 4%
win 60% to 80%, 3%, 3%
win 80% to 99+%, 2%, 2%
double or more, 9%, 6%

Each line of the table shows a possible result followed by how
likely that result is in each of the games. For example, the 3rd
line says that the chance of losing 60% to 80% of your $1000
bankroll is 12% in 50c DDB and 11% in $1 BP.

The distribution of results is pretty similar for the two games
except for the extremes. You have a bigger chance of going broke
with $1 BP as well as a smaller chance of doubling up. In this case,
the difference in variance doesn't compensate for the higher
denomination and the lower ev of $1 BP.

The above assumes no tips or cashback, either of which could affect
the comparison slightly.

--Dunbar

···

--- In vpFREE@yahoogroups.com, "Nathan O. Roemer" <public@...> wrote:

#6

I was at TI last year and had just lost $900. of my $1000. bankroll. I was so fed up that I went into the HIgh Roller Room, threw the last $100 into a $5 dollar machine and hit Quads on the second roll. I quickly took my $625 and went to bed. _._,_.___

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···

----- Original Message -----
  From: Nathan O. Roemer
  To: vpFREE@yahoogroups.com
  Sent: Thursday, February 21, 2008 2:00 AM
  Subject: [vpFREE] Denomination vs Variance vs Gains/Losses

   >Finally, do any of you switch games depending on how well or poorly a
  >session is going? For example, maybe after gaining $500 playing JOB, switch
  >to DDB in hopes of further increasing your gains using your $500 profit as
  >your new bankroll for the higher risk game? Or, after losing $500 playing
  >JOB, switch to DDB in hopes of getting lucky and making up that loss more
  >quickly? Or, after getting lucky early playing DDB and winning $500, switch
  >to BP or JOB to play a bit longer but with less of the risk of a high
  >variance game?

  >I'd be interested to hear your opinions on any of these lines of thought.

#7

Nathan - That message of yours made me laugh - out loud - LOL. I
think most of us could relate to it!!! Someone told me to change the
speed on the machine too - so that's an idea - for better or worse!
B.

  From: Nathan O. Roemer
  To: vpFREE@yahoogroups.com
  Sent: Thursday, February 21, 2008 2:00 AM
  Subject: [vpFREE] Denomination vs Variance vs Gains/Losses

   >Finally, do any of you switch games depending on how well or

poorly a

  >session is going? For example, maybe after gaining $500 playing

JOB, switch

  >to DDB in hopes of further increasing your gains using your $500

profit as

  >your new bankroll for the higher risk game? Or, after losing

$500 playing

  >JOB, switch to DDB in hopes of getting lucky and making up that

loss more

  >quickly? Or, after getting lucky early playing DDB and winning

$500, switch

  >to BP or JOB to play a bit longer but with less of the risk of a

high

  >variance game?

  >I'd be interested to hear your opinions on any of these lines of

thought.

  I was at TI last year and had just lost $900. of my $1000.

bankroll. I was so fed up that I went into the HIgh Roller Room,
threw the last $100 into a $5 dollar machine and hit Quads on the
second roll. I quickly took my $625 and went to bed. _._,_.___

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topic

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Recent Activity

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#8

In general whatever I go to a casino to play has the highest expected
hourly return that I know of and that I can afford to play being
offered by the casino. So if I were to make a game change, that means
I am either losing expected hourly return or playing above my bankroll,
neither of which I find acceptable. So at least for me, I stay on the
same game, same denomination for the entire session.

If I am going to make a switch just to try to get lucky instead of
staying with the best return within my means, I might as well be
playing craps. If I'm just trying to get lucky, I might as well be
drinking and whooping it up...but that's just me.

#9

(you can't flop royal flushes in my game as is the case for the Moody
patent).

I'm curious as to what you mean by the above statement. I HOPE that
you mean that your game is not a traditional 5 card flop - draw poker
game, and therefore a dealt royal is not possible simply due to the
nature of the game design itself.

What I hope you DON'T mean is that your game has internal programming
logic that prevents what should be a 1 in ~ 650,000 event in a random
game.

EE

···

--- In vpFREE@yahoogroups.com, "fordscks" <jason_c_vp@...> wrote: