vpFREE2 Forums

Poll results for vpFREE

#1

The following vpFREE poll is now closed. Here are the
final results:

POLL QUESTION: What was your VP profit or loss
(including cash back) in calendar 2003 ?

CHOICES AND RESULTS
- Lost more than $50,000, 1 votes, 0.29% - Lost between $10,001 and $50,000, 17 votes, 4.91% - Lost between $1,001 and $10,000, 77 votes, 22.25% - Lost between $1 and $1,000, 73 votes, 21.10% - Broke even, 20 votes, 5.78% - Won between $1 and $1,000, 34 votes, 9.83% - Won between $1,001 and $10,000, 90 votes, 26.01% - Won between $10,001 and $50,000 , 26 votes, 7.51%
- Won more than $50,000 , 8 votes, 2.31%

This is very interesting. Note that both the annual wins and the annual losses peaked somewhere in the area of $1000 to $10000. The good news is that there were 8 big winners and only one big loser.
Dan

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--
Dan Paymar
Author of best selling book, "Video Poker - Optimum Play"
Editor/Publisher of VP newsletter "Video Poker Times"
Developer of VP analysis/trainer software "Optimum Video Poker"
Visit my web site at www.OptimumPlay.com

"Chance favors the prepared mind." -- Louis Pasteur

#2

>POLL QUESTION: What was your VP profit or loss
>(including cash back) in calendar 2003 ?
>
>CHOICES AND RESULTS
>- Lost more than $50,000, 1 votes, 0.29%
>- Lost between $10,001 and $50,000, 17 votes, 4.91%
>- Lost between $1,001 and $10,000, 77 votes, 22.25%
>- Lost between $1 and $1,000, 73 votes, 21.10%
>- Broke even, 20 votes, 5.78%
>- Won between $1 and $1,000, 34 votes, 9.83%
>- Won between $1,001 and $10,000, 90 votes, 26.01%
>- Won between $10,001 and $50,000 , 26 votes, 7.51%
>- Won more than $50,000 , 8 votes, 2.31%

Using midpoint values for the above cells, and assuming $75,000 for
the greater than $50,000 cells, I compute:

188 people lost a total of approx. $1,00,000
20 people broke even
158 people made a total of approx $2,000,000

I wonder if a proportional amount of losers posted their status as
did winners.

#3

--- In vpFREE@yahoogroups.com, "deuceswild1000"
<deuceswild1000@y...> wrote:

> >POLL QUESTION: What was your VP profit or loss
> >(including cash back) in calendar 2003 ?
> >
> >CHOICES AND RESULTS
> >- Lost more than $50,000, 1 votes, 0.29%
> >- Lost between $10,001 and $50,000, 17 votes, 4.91%
> >- Lost between $1,001 and $10,000, 77 votes, 22.25%
> >- Lost between $1 and $1,000, 73 votes, 21.10%
> >- Broke even, 20 votes, 5.78%
> >- Won between $1 and $1,000, 34 votes, 9.83%
> >- Won between $1,001 and $10,000, 90 votes, 26.01%
> >- Won between $10,001 and $50,000 , 26 votes, 7.51%
> >- Won more than $50,000 , 8 votes, 2.31%

Using midpoint values for the above cells, and assuming $75,000

for

the greater than $50,000 cells, I compute:

188 people lost a total of approx. $1,00,000
20 people broke even
158 people made a total of approx $2,000,000

I wonder if a proportional amount of losers posted their status as
did winners.

The results of this poll are meaningless data, since indeed it is
skewed in favor of those who bothered to respond (a flaw shared by
most polls).
There would be, I surmise, a greater number of losing than winning
non-responders; it's human nature to want to a)brag about winners or
b)not discuss losers. Therefore I would expect the results of such a
poll to show a positive bias, even if we were polling keno players.
If I had responded, I would have reported a loss of $17,000 for the
year---which wouldn't have reflected the reality of things, since in
the period between when the poll opened and today, I recouped over
$20,000.

#4

The results of this poll are meaningless data, since indeed it is
skewed in favor of those who bothered to respond (a flaw shared
by most polls).

It may be skewed, or not, but I don't consider it
"meaningless", and I believe that you can safely say,
by definition, that "all" polls are "skewed in favor
of those who bothered to respond".

There would be, I surmise, a greater number of losing than
winning non-responders; it's human nature to want to a)brag about
winners or b)not discuss losers. Therefore I would expect the results of
such a poll to show a positive bias, even if we were polling keno
players.

I might agree with you if the poll weren't anonymous.
But it is, so I don't. I don't know if the poll shows
a positive, or negative or zero bias.

If I had responded, I would have reported a loss of $17,000 for
the year

From vpFREE Rules and Policies:

"Every vpFREE member, as a requirement for continuing
membership, is expected to vote in all applicable vpFREE
polls and elections."

---which wouldn't have reflected the reality of things, since in
the period between when the poll opened and today, I recouped
over $20,000.

I don't understand why alloting a 2003 loss to a 2003
poll doesn't reflect the "reality of things". This poll
reports what happened in 2003, and you did have a $17K
loss in 2003.

vpFREE Administrator

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On 1 Dec 2004 at 2:07, rockofjello333 wrote: