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Spin Poker and Super Times Play

Anyone know the difference in variance for spin poker versus super times play?

My wife and I always stay at South Point now because of their great variety of games. Our favorite two games are the 9/6jacks 25 cent spin poker and the 25cent 8/5BP STP five play which are both a lot of fun to play. I had worried mostly about spin poker hitting the bankroll hard, but lately STP seems worse.

I figured that the STP at $7.50 per hand wouldn't suck the money up as fast as $11.25 hand on spin poker, but I'm beginning to think we're better off playing mostly spin poker. Any insight on this is appreciated. Thanks.

STP increases the return by 0.278%, and increases the standard
deviation by 51 percent. You square the standard deviation to get the
variance, so:

For 9/6 JoB,
Regular: 99.54% return, 19.51 variance
STP: 99.82% return, 44.50 variance
Spin Poker: 99.54% return, 53.00 variance

Incidentally, a game of blackjack has a variance of about 1.30.

···

On Jun 16, 2010, at 4:03 AM, wodalton75 wrote:

Anyone know the difference in variance for spin poker versus super
times play?

My wife and I always stay at South Point now because of their great
variety of games. Our favorite two games are the 9/6jacks 25 cent
spin poker and the 25cent 8/5BP STP five play which are both a lot
of fun to play. I had worried mostly about spin poker hitting the
bankroll hard, but lately STP seems worse.

I figured that the STP at $7.50 per hand wouldn't suck the money up
as fast as $11.25 hand on spin poker, but I'm beginning to think
we're better off playing mostly spin poker. Any insight on this is
appreciated. Thanks.

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

JK Grence wrote:

STP increases the return by 0.278%, and increases the standard
deviation by 51 percent. You square the standard deviation to get
the variance, so:

For 9/6 JoB,
Regular: 99.54% return, 19.51 variance
STP: 99.82% return, 44.50 variance
Spin Poker: 99.54% return, 53.00 variance

Correct me if I'm mistaken, but the increase of 51% (which I see cited on the wizardofodds.com website) is in reference to variance increase over the base game before taking into account the multiline game format.

As such, your value of 44.5 isn't the full measure of STP play variance and not comparable as you suggest. Further, with the added component of multiline covariance, there would be unique values for 3-play, 5-play and 10-play.

(Finally, I won't presume to suggest that the variance math you present in your posts isn't your own, independent work. However, to the extent that you may be relying upon similar information presented by Michael Shackleford (wizardofodds.com) he is due credit. Such credit, or other relevant background, also assists others in better appreciating the info you graciously take the time to convey.

It is from the Wizard, yes. I mentioned him earlier and then forgot to
continue doing so.

···

On Jun 16, 2010, at 1:03 PM, vp_wiz wrote:

JK Grence wrote:
> STP increases the return by 0.278%, and increases the standard
> deviation by 51 percent. You square the standard deviation to get
> the variance, so:
>
> For 9/6 JoB,
> Regular: 99.54% return, 19.51 variance
> STP: 99.82% return, 44.50 variance
> Spin Poker: 99.54% return, 53.00 variance

Correct me if I'm mistaken, but the increase of 51% (which I see
cited on the wizardofodds.com website) is in reference to variance
increase over the base game before taking into account the multiline
game format.

As such, your value of 44.5 isn't the full measure of STP play
variance and not comparable as you suggest. Further, with the added
component of multiline covariance, there would be unique values for
3-play, 5-play and 10-play.

(Finally, I won't presume to suggest that the variance math you
present in your posts isn't your own, independent work. However, to
the extent that you may be relying upon similar information
presented by Michael Shackleford (wizardofodds.com) he is due
credit. Such credit, or other relevant background, also assists
others in better appreciating the info you graciously take the time
to convey.

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

Thanks to both of you for the info. It seems STP would have at least as high a variance as spin poker and probably higher on the five play machines that we play.

Bill

···

--- In vpFREE@yahoogroups.com, "vp_wiz" <harry.porter@...> wrote:

JK Grence wrote:
> STP increases the return by 0.278%, and increases the standard
> deviation by 51 percent. You square the standard deviation to get
> the variance, so:
>
> For 9/6 JoB,
> Regular: 99.54% return, 19.51 variance
> STP: 99.82% return, 44.50 variance
> Spin Poker: 99.54% return, 53.00 variance

Correct me if I'm mistaken, but the increase of 51% (which I see cited on the wizardofodds.com website) is in reference to variance increase over the base game before taking into account the multiline game format.

As such, your value of 44.5 isn't the full measure of STP play variance and not comparable as you suggest. Further, with the added component of multiline covariance, there would be unique values for 3-play, 5-play and 10-play.

(Finally, I won't presume to suggest that the variance math you present in your posts isn't your own, independent work. However, to the extent that you may be relying upon similar information presented by Michael Shackleford (wizardofodds.com) he is due credit. Such credit, or other relevant background, also assists others in better appreciating the info you graciously take the time to convey.