--- In vpFREE@yahoogroups.com, "bluestreak86001" <graytleegray@a...>
wrote:
Actually some games are 10 coins, even 20 coins maximum in even
single line VP games. Heck, I even remember 3 coin maximum games
at
the El Rancho and the Plaza. So, lets give up on the less
than "five
coin" thing. (Just getting picky)
It all comes down to "utility", the perception of value to the
beholder. Playing for five time units (hours?) on any machine
could
outweigh playing for one unit at a higher denomination (Fun
Coeffient), even when giving up significant return. A novice in a
one time situation (example: my first visit to Nevada...Harrahs in
Laughlin, did not return for years), or with a very short bankroll
could give short-coin in play a higher personal utility to an
individual.
"Freeplay" can be perceived differently too. If you need "cold
hard
cash" for different needs besides gambling, it's utility is
different.
But if "freeplay" has the same utility as "cash in the pocket" then
playing short-coin is just as harmfull to the "economic utility" as
playing short-coin in cash.
Personally, after ten years of utility refinement, I can't go play
99% games anymore just 50 minutes away south of me down the
Interstate when 100%+ opportunities exist 3 hours west. I used to
be
different, but my overall utility perception has been changed over
the years to be more in line with the economic utility, the
convenience coefficient has been drastically reduced.
I am just glad this debate is over the VP spectrum.
BS
Thanks for the clarification. Yes, you are right five coins was not a
happy choice, but five coin machines are the most common. You do
bring some memories, though. Aside from those you mention, there are
those 100 coin VP machines at TI. Then I remember dollar JB at Casino
Magic in Bay St. Louis, and I also remember in Atlantic City at Taj
Mahal, Sands or Tropicana a few years ago, might be the same now, if
you were considering playing $25 VP, they had it in three coins only.
$60,000 Royals in big letters.
The freeplay problem I presented was very clearly stated. You have
$200 in freeplay, you are broke, you need the highest probability of
getting the most cash out of it. The solution is just as clear. No
way of bending the mathematics. In TI you don't play quarter deuces
for that, you play bonus nickels. And if you do it one coin at a
time, better. There is no question about the mathematics of the
problem, I repeat. All the objections I have read change the problem.
Sure, if one changes the problem, then the solution is different.
You say:
"But if "freeplay" has the same utility as "cash in the pocket" then
playing short-coin is just as harmfull to the "economic utility" as
playing short-coin in cash."
Fine, you have changed the problem. You are not addressing the
problem of a guy broke, with a baby to feed, no money and $200 in
freeplay at TI. That is the problem at hand, if you want to state it
in a more dramatic way. I repeat the problem. How do I maximize the
cash I'm likely to get from my $200 freeplay at TI. That is all.
Now, if you have more money, you have a few days, you have time,
etc., etc. Then you think of luxuries and all that. Then you play the
dollar NSUD at TI and after the $200 freeplay is gone, well, you go
to Fiesta or some place with better machines.
I have to stress that life is not so simple, different situations
arise with different conditions. If you can drive an hour or three
hours, and if driving three hours brings you a better alternative,
and you have the car, the money, the time, the leisure, etc., then,
sure, you are maximizing your return according to your circumstances.
Someone, for example, on Social Security in New Jersey might not have
money for a plane ticket, might have good conditions in Trump Plaza,
and so has that choice between the quarter Bonus and the dollar 10/7
DB.
Never say never. You say you can't go play 99% games. Well, who
knows? It could happen that in five years that is all the casinos
offer, then you have to either give up playing, or figuring out how
to maximize the return given the new conditions. Not everyone can
play at Fiesta. I hope the contrary happens, and in five years there
are more 100+ machines. They should come up with a machine called
Pollyanna, to put along side Little Green Men. LOL.
Thanks for reminding me of those three coin machines. Nine years ago
I did well in Mississippi on them.
E