vpFREE2 Forums

Short term/long term

I will be visiting LV 11/13 for 4 days to play vp. I go about 4 or
5 times a year and generally play $1 DDB. Several comments on this
board talk about short term play versus long term. What determines
short term play. I love to play and usually play for 10-12 hours
per day, sometimes more. I generally get way down at the beginning
but have been fortunate to pull it out at the end by hitting Royals
and 4 A's., but not always. How do you manage the time and bankroll
especially during losing streaks?

From the vpFREE FAQ:

                   Short Term Playing Strategy

How many hands a player will play in a session, a trip, or their
lifetime is irrelevant when playing a hand of video poker. Adequately
bankrolled, advantage players whose goal is to maximize profits should
usually choose the highest EV option when playing a video poker hand.
Different strategies may sometimes be better for players who are under-
bankrolled and/or risk averse.

10. What is the long term? - Theoretically speaking, the long term is
forever. For video poker purposes, the long term is when you have played
a lot of hands (several million at a minimum) and actual results are about
the same as expected results. Tom Ski calculates (with a 95% confidence
factor) that the actual results for 10/7 DB, played with perfect strategy,
should be within 1.0% of expected results after 1,085,465 hands, and within
0.1% after 108,546,482 hands.

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On 23 Oct 2003 at 0:42, newnow2002 wrote:

Several comments on this board talk about short term play versus long
term. What determines short term play.