vpFREE2 Forums

Risk of Ruin

jeritracy wrote:

Sun Mar 2, 2008 9:33 pm (PST)

I am mathematically challenged, and so perhaps one of you who isn't
might consider helping
me out with this problem. It may very well apply to many others in
my situation.
My husband and I are quarter players, snowbirds who spend three
months in Las Vegas. We
practice on the computer and play our chosen games at over 99%
accuracy. We play FPDW
and 9/6 JOB, as well as BP with good progressives, (the BP in both
single and triple play
configurations.) We each try to play around 3,000 hands every day,
or about 540,000 each
winter.
At what point, or at what number of games played should the
hypothetical and the actual rate
of return approach the same number? Or I guess what I'm also asking
is what would be the
amount needed to avoid the risk of ruin? Our time spent is about the
same on each game.
Thank you in advance for any information you might be able to provide.

These are two of the features of Optimum Video Poker. Accurate
calculation of Risk of Ruin using the famous jazbo/Sorokin formula,
and Probability of reaching a game's expected return.

Dan

ยทยทยท

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

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

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