--- In vpFREE@yahoogroups.
>
> With any given bankroll, what are your thoughts on playing higher
> denominations on lower variance games? For example, given
bankroll
X, play
> $0.50 DDB, but switch to BP if you move up to $1. Is there any
validity to
> this?
>
If you mean can you get similar fluctuation by adjusting
denomination and variance, then the answer is yes.
Here is a comparison of 50c DDB with $1 BP for 2000 hands (5 hours
of 400 hands/hr or 4 hrs of 500 hands/hr), starting with a $1000
bankroll:
(using Dunbar's Risk Analyzer for Video Poker)
% CHANGE, 50c DDB, $1 BP
lose 100%, 4%, 10%
lose 80% to 99%, 6%, 5%
lose 60% to 80%, 12%, 11%
lose 40% to 60%, 15%, 15%
lose 20% to 40%, 15%, 15%
lose up to 20%, 13%, 13%
win up to 20%, 9%, 9%
win 20% to 40%, 7%, 7%
win 40% to 60%, 5%, 4%
win 60% to 80%, 3%, 3%
win 80% to 99+%, 2%, 2%
double or more, 9%, 6%
The distribution of results is pretty similar except for the
extremes. You have a bigger chance of going broke with $1 BP as
well as a smaller chance of doubling up. In this case, the
difference in variance doesn't compensate for the higher
denomination and the lower ev.
The above assumes no tips or cashback, either of which could affect
the comparison slightly.
--Dunbar
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