O.K. Bill,
I have accepted that over the long run we will at best break even
when playing the game. Sure is fun and MS has a great player's club.
Haaljo in Boston
--- In vpFREE_NewEngland@yahoogroups.com, "billkennedy3"
<billkennedy3@y...> wrote:
Yeah, I was kinda "guesstimating" that this was somewhere in the 1
in
20,000 to 30,000 range on the negative side of things. I didn't
even
realize that it'd be possible to lose that much money in only
20,000
hands, especially considering that I got my share of quads. I
must
have really missed out on straights/flushes/full houses. I'm
still
pretty well ahead for the year, but a few more sessions like this
could certainly change that. I've also had some crazy things
happen
on the extreme positive side of randomness, so it was only a
matter
of time before something like this happened, I suppose.
--- In vpFREE_NewEngland@yahoogroups.com, "haaljo" <haaljo@y...>
wrote:
>
> O.K. Stevie,
> I'll say billk had a "Grade F in the luck category" looking at
that
> 10K hand bell curve. Can you answer his question on what the
> probability would be for his experience last weekend?
> There is some area under the 10K curve where the bankroll is $-
1K
> (equates to $5K in billk's case). I would say its about a 1 in
> 20,000 chance of losing $6K on PE over 20,000 hands. Its a much
> greater chance of losing that amount on Double Bonus and less
with
> JB.
> I have lost $2,500 several times over 20K hands of Pick em. All
due
> to lack of quads. Billk received his share of quads and still
lost
> $6K.
> Its the quirks of randomness. Read a message last week that a
Las
> Vegas board member had 2 royals in an hour on Double Bonus and
then
> dealt a royal on a five play two days later.
> Keep the faith, billk!
> haaljo in Boston
>
>
>
> --- In vpFREE_NewEngland@yahoogroups.com, "steviemcc1"
> <steviemcc1@y...> wrote:
> >
> > Jazbo has produced some graphs on video poker volatility &
> > probability and has PE one of the games analyzed. Though the
> graphs
> > don't analyze your particularly long playing situation, they
might
> > give you a clue as to deserving a grade of F in the luck
category.
> >
> > Here is one with a probability distribution for 10,000 hands
(you
> > need to multiply the ending bankroll by $5 since that's what
your
> > really putting in):
> > http://www.jazbo.com/videopoker/curves.html
> >
> > Here is another one that shows Survivability With 320 Bets
(really
> > meaning a $1600 bankroll):
> > http://www.jazbo.com/videopoker/halflife.html
> > I.E. $1600 should last you 5000 hands 85% of the time.
However
> when
> > you put in four times over 20,000 hands you should get a much
> higher
> > % since the long shot hands now have a greater chance to hit.
> >
> >
> >
> > --- In vpFREE_NewEngland@yahoogroups.com, "billkennedy3"
> > <billkennedy3@y...> wrote:
> > >
> > > I (and several of the people I was with) also commented on
the
> same
> > > thing this past weekend. Seemed even colder than usual.
> > >
> > > Although, the cold didn't bother me so much as losing did.
I
> > managed
> > > to lose close to $6,000 playing $1 PE over the course of the
> > weekend
> > > (right around 20,000 hands, judging by the points I
earned). I
> > > managed 8 quads, and still lost this much. I've been
tracking
> my
> > > sessions since June (about 25 of them so far), and this is
more
> > than
> > > double my next closest loss. I was there with 12 people
this
> > > weekend, and not a single person won (although one person
did
> > manage
> > > to hold his losses to only $20). Several of them lost over
> $2,000,
> > > although I was by far the biggest loser.
> > >
> > > Any math people out there want to let me know what
an "almost
> worst
> > > case scenario" (say a 1 in 100 event on the negative side)
is
> for
> > > 20,000 hands of $1 PE? I'm curious how statistically likely
a
···
> loss
> > > like this is. Assume perfect play (while I do make the
> occasional
> > > error, I do believe that I'm pretty close).