> 10a. The VP MENSA MYTH LIVES ON
> Date: Tue Jan 29, 2008 5:11 pm ((PST))
>
> Howdy
>
> Today I started a conversation with an intelligent rather impressive
> gentleman at The Borgata in AC. I found it rather disappointing and was
> somewhat
> taken aback he was playing a 1.00 9/6 JoB...ONE DOLLAR AT A TIME.
>
> Why I asked was he only playing one at a time. He explained he had read a
> book by a mensan that determined any VP game that was not a positive game was
> not worth playing full coin because you are going to lose anyhow. By playing
> one coin your money will lasts longer and somehow it works out better for you
> in the long run..... or something like that!
>
You're playing 20% as much coin-in, so unless the single-coin odds are five times or more worse, your money WILL last longer. And it will last longer still if you don't play at all. The fact is correct, even though the logic sucks.
Of course, you will lose a larger percentage of your coin-in, and you will generate 1/5 as much in comps, etc., but if you're playing a losing game, the correct strategy, if you can't use "don't play", is to play the lowest amount of money possible to minimize your losses.
If the single coin paytable returns a negative EV that is LESS than five times the negative EV of the full coin paytable, THEN your money will last longer on the full-coin play, but with bigger swings.
--BG
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