Lawrence Boxer wrote:
> I find these contradictory and mutually exclusive. Having the proper
bankroll involves assuming that you'll play the proposed game forever.
Quitting while ahead may feel good, but I've asked several people who
advocate it what the financial benefit is of extending the time
between a winning play and the next play and have yet to get a
coherent answer."Proper" bankroll really assumes that you'll see something close to ER and
so have enough to weather expected variance. It's not a safe assumption
though, since most play is short term and ER doesn't apply on a per session
basis.
I beg to differ with that statement. ER applies no matter how long or how short the session. Even in a very short session, a higher ER translates to a higher probability of coming away a winner. In a short session, however, variance becomes the dominant factor.
The best way to get a feel for what to expect in the short term is with a computer simulation. Tables showing the results of several such simulations have been published in Video Poker Times.
Dan
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Dan Paymar, author of the book, "Video Poker - Optimum Play"
Editor and Publisher of "Video Poker Times" newsletter
Web site at http://www.OptimumPlay.com
"Chance favors the prepared mind."
-- Louis Pasteur