Craig wrote:
> Just before switching back to $1 per hand, I remember thinking the
> calculated amount for your bankroll (before hitting a royal) at $5
> per hand was something like $30k. I just looked it up in the "Frugal
> Gambler." It says $12,000 (pg 75). Even this is too much of a
> bankroll for me - right now.
It's been some time since I've referenced Frugal Gambler. Jean's
subsequent texts, "More Frugal Gambling" and "Frugal Video Poker",
offer stronger play guidance. I've misplaced my copy of the original
book so can't reference the language you cite.
I'll note that the "bankroll" concept usually is expressed in terms of
dollars set aside for all cumulative losses in play -- not just those
until the next royal. That's because after hitting a RF, continued
losses might deplete it and more, taking you further into the red.
In "More ...", Jean cites a "3 royal" bankroll number (which, for $
play, would be $12,000) as a guideline only for play with a strong
player edge (say 1%+, e.g. full-pay deuces with cb) and where play is
accurate.
A game such as you're playing (9/6 JB) is subject to greater loss
potential, even when offset with a respectable cashback rate. You're
at great risk of a cumulative 3 RF equivalent loss -- with active play
of 10 hr/mo this might quite possibly occur within a year's timespan.
Generally speaking, it might be deemed advisable to take on active JB
play only if you're prepared to accept a cumulative loss potential of
8-10 royals over the extended term of play. (Maybe this was the
context in which you saw the $30K number you mention.)
You might wish to tap features within software such as VP for Winners,
Frugal VP, or Wolf VP, to get a better feel for the loss prospects in
play.
- Harry
Earn your degree in as few as 2 years - Advance your career with an AS, BS, MS degree - College-Finder.net.
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