Poker Poker Poker!: [vpFREE] Re: Gambling article by another Guru -

--- In vpFREE@yahoogroups.com, Robert Pickett <robert.pickett70@...>
wrote:
>
> I don't know anything about video keno but my wife saved my behind
by winning $1750 on a quater video keno bet while I was losing more
than that playing full pay video poker on our last visit to LV. I
know the math doesn't justfy playing video keno but as all the books
and articles I've read, luck is an important part of winning no
matter what game you play. I'm sticking to video poker but I will
let my wife do her thing.
> Robert
>
>

I'm like you when it comes to telling relatives how to gamble. My
mother and sister sometimes visit and they play all the bad stuff.
Why should I mess up their fun. Their only in town for a few days
anyway.

$1750 on a quarter bet would indicate that the solid seven payed 7000
for 1. The chances of hitting a solid seven (per Stanford Wong and
Wizard of Odds) is 1 in 40,984, roughly the same as a royal in video
poker.

With a royal paying 800 for one on a 1 in 40,000 chance it represents
about 2% of the payback.

With a solid seven paying 7000 for one on a 1 in 41,000 chance it
represents about 17% of the payback.

I'm guessing you were betting $1.25 per game while she was betting 25
cents per game. In hard currency she probably had a higher
theoretical loss rate between top line hits than you.

If you can come up with the entire payscale of the particular video
keno game she plays I will be glad to break the whole thing down for
you. It would only take a few minutes of my time.

I would just need to know:

What does the 3-out-of-7 pay per coin wagered? For instance does it
pay 1 for 1, or 2 for 1?

What does the 4-out-of-7 pay per coin wagered?
What does the 5-out-of-7 pay per coin wagered?
What does the 6-out-of-7 pay per coin wagered?
What does the 7-out-of-7 pay per coin wagered?