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Question on coin in

So the actual money they may have begun with might be only 10-15% of the
coin in they have averaged. For a couple of thousand dollars cash, their

coin in

could $10,000 if they play enough hands.
I am relieved to know I won't have to have $15,000 in my pocket to even
think about a comp!!!
Thanks again.

Trudy -

In theory (with full pay machines and perfect play), you might even be able
to get by on only 3-4% cash to get that $10,000 coin-in?

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In theory (with full pay machines and perfect play), you might even be able
to get by on only 3-4% cash.

I'd be careful with such statements. Taking 9/6 JoB as an example (my
personal favorite, YMMV), playing 8000 perfect hands at 5 quarters,
the average loss is about $50, but the standard deviation on the final
bankroll is $500

Based on a simple statistics model there's more than a 30% chance that
the final bankroll will be more than 3% down. That's only the final
bankroll, the probability of ever being down by 240 games or more at
any time during 8000 games is even higher than that.

Doing statistics on 8000 hands when an SF or better comes out
approximately every 7500 hands on average is a doubtful proposition.
Looking at the game another way there's a 34% chance that you won't
hit any SF or RF in 8000 hands, and in that case your average loss
alone is $300 at the end of the game.

In my opinion 3-4% cash for 8000 hands just isn't enough.

JBQ

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On 8/3/05, rwhannu@aol.com <rwhannu@aol.com> wrote:

>>So the actual money they may have begun with might be only 10-15% of the
>>coin in they have averaged. For a couple of thousand dollars cash, their
coin in
>>could $10,000 if they play enough hands.
>>I am relieved to know I won't have to have $15,000 in my pocket to even
>>think about a comp!!!
>>Thanks again.

>>Trudy -

In theory (with full pay machines and perfect play), you might even be able
to get by on only 3-4% cash to get that $10,000 coin-in?

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

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