vpFREE2 Forums

One long session?

Bob Sommer wrote about one long session vs locking up a ( daily) profit after a big hit. If you start playing and are down $500, then hit a royal for $1000, then lose $500 and are even for the day, how is that worse or better than being down $1000 and hitting a royal to get to even or hitting a royal on the first hand and then losing $1000 and being even for the day?

If you believe hitting a big hand is somehow above and beyond the normal results of the game, then you will be disappointed playing video poker. In Bob's example, hitting dealt aces is all part of the 100.17% return for 10/7 double bonus. Now, hitting big hands is great and 'knowing when to quit' might make you feel good at the moment, but I don't see the difference between losing $500 today and losing $500 tomorrow instead of losing $1000 today. Or winning $500 today and tomorrow vs winning $1000 today.

Instead of one long session, it might be easier to think of it as one short session. Each hand is a session. In 10/7 double bonus, you will have a losing 1 hand session 56.7 % of the time. 31.7% of the time you will have a break even one-hand session and 11.6% of the time you will have a winning session. The key to all this is that session 1 and session 2 and session 42 are not related ( if you believe the games are fair).

I am firmly convinced that when I play hand number 4356 of the day, my results are not based on the previous 4355 hands. I believe that if I am up money or down money at that point, the same odds for making the next hand exist. When we sum up a bunch of independent events ( each hand played) how can you generate a dependent result? It doesn't work that way.

I witnessed a good deal of Ednar's bloodbath on the NSUD over the weekend. I told him that if he plays not as accurately when he is losing, then he should stop, walk around, grab a bite to eat and then come and and play when he no longer bothered by the previous loss. If it doesn't bother him, then play on if you so desire.

Bob Sommer seems to believe that if you are up $1000, then playing another two hours is bad because you probably won't be at $1000 when you are done. This is true. Not because the session catches up to you but because in any 2 hour window playing 10/7, if you don't hit aces or a royal, you will be probably be down money.

I have played this machine in question several times and I am down, way
down, Even if I get a dealt Royal I will be behind on this machine. Yet
still we play it. At no point in time yesterday if I had quit would I have
been ahead. We kept playing because we still had bankroll, weren't tired
yet, "felt" good, weren't surronded by smoke, weren't too hot, etc. Why do
we play this machine? It has the best paytable within our bankroll (at
least while our bankroll still exists. ha ha), IS slightly positive with
cash back and provides some other benefits that make it worth it for us.
Plus I can't always get a seat at the Betty Boop progressive.

CLIP.....

I witnessed a good deal of Ednar's bloodbath on the NSUD over the weekend.

I told him that if he plays not as accurately when he is losing, then he
should stop, walk around, grab a bite to eat and then come and and play when
he no longer bothered by the previous loss. If it doesn't bother him, then
play on if you so desire.

···

----- Original Message -----
From: "John.G.Zaroff" <John.G.Zaroff@delphi.com>

If you believe hitting a big hand is somehow above and beyond the

normal results of the game, then you will be disappointed playing
video poker. In Bob's example, hitting dealt aces is all part of the
100.17% return for 10/7 double bonus. Now, hitting big hands is
great and 'knowing when to quit' might make you feel good at the
moment, but I don't see the difference between losing $500 today and
losing $500 tomorrow instead of losing $1000 today. Or winning $500
today and tomorrow vs winning $1000 today.<<<<<

True, but the examples cited above are purely theoretical. If a
player believes that play is subject to high variance on a per-
session basis, then it's not a matter of WHEN they break even or get
ahead, it's a matter of IF they get even or ahead, since they are not
likely to benefit from the overall ER. Then the reasoning becomes,
if they are substantially ahead call it a day and take the profit.

Bob Sommer seems to believe that if you are up $1000, then

playing another two hours is bad because you probably won't be at
$1000 when you are done. This is true. Not because the session
catches up to you but because in any 2 hour window playing 10/7, if
you don't hit aces or a royal, you will be probably be down
money.<<<<<

That's really just saying the same thing in different ways. I can't
speak for Bob, but in my opinion, being up $1000 and gving anything
but a small portion of it back prior to ending a session is not
wise. IOW, having a win and loss limit (fallback, stop-loss,
whatever) is important.

lb

lawrenceboxer wrote:

  I can't speak for Bob, but in my opinion, being up $1000 and gving anything but a small portion of it back prior to ending a session is not wise. IOW, having a win and loss limit (fallback, stop-loss, whatever) is important.

lb

This must be a typo. You did not really mean that you should put a large part of the $1000 back in the machine hoping to hit another jackpot did you?? I re-read this several times and it comes out the same. If I were up $1,000, I would end the session, take a break, change machines, quit for the day, get something to eat, or whatever. That $1,000 is now MY money and not the casino's. My next session, be it in 5 minutes, tomorrow or next trip, I will have $1,000 in my bank account, since I start each trip with a bank roll of X dollars and I do not add to it when ahead.

Bob

No Bob, it wasn't a typo. What I said (the original is below) is that
I wouldn't be willing to give anything except a small portion of it
back. I think you and I agree on this point.

lb

lawrenceboxer wrote:

  I can't speak for Bob, but in my opinion, being up $1000 and

gving

anything but a small portion of it back prior to ending a session

is not

wise. IOW, having a win and loss limit (fallback, stop-loss,

whatever)

···

is important.

> lb

This must be a typo.....

I had to reread to several more times, but I understand what you were
saying and yes, I agree. If you had put a comma at the end of "session,
is not wise." I would of caught it the first time. It's been a long
day. :slight_smile:

Bob

lawrenceboxer wrote:

No Bob, it wasn't a typo. What I said (the original is below) is that
I wouldn't be willing to give anything except a small portion of it
back. I think you and I agree on this point.

lb

> lawrenceboxer wrote:
>
> I can't speak for Bob, but in my opinion, being up $1000 and
gving
> anything but a small portion of it back prior to ending a session
is not
> wise. IOW, having a win and loss limit (fallback, stop-loss,
whatever)
> is important.
>
> > lb
>
>
> This must be a typo.....

Yahoo! Groups Sponsor
ADVERTISEMENT
click here
<http://rd.yahoo.com/M=194081.3551198.4824677.1261774/D=egroupweb/S=1705065732:HM/A=1663535/R=0/SIG=11ps6rfef/*http://www.ediets.com/start.cfm?code=30504&media=atkins>

vpFREE Links: http://tinyurl.com/a7ga

Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service
<http://docs.yahoo.com/info/terms/>.

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

My very good friend, who unfortunately is no longer a member of this
group, left yesterday to play in a slot tourney at (undisclosed
location). He's been a serious vp player for about six years and has
done very well playing primarily DW. For about six months I've been
trying to convince him to give DB a serious chance, and a few weeks
ago he started spending some time getting comfortable with it.
Undisclosed location still has around four 10/7 DB machines, btw.

He called last night to say that he was on his first $30 when he hit
quad deuces on DW. I thought that was wonderful news, and I was very
happy for him because he's a good guy and we're good friends.

He called tonight to say that he hit a Royal during his first few
minutes on DB during a break between slot tournament sessions! I was
sitting in front of the TV eating a pizza when he called, and he and
his wife were in the hotel's best restaurant eating a comped dinner.

Obviously I was wrong and this guy is an SOB.

lb