[vpFREE] Re: Best Randomness Analogy Contest

 

Fair enough, plus they got the meter, which was probably 2%. My understanding was that Tuna was the first to figure out this play, but I could be wrong.

--- In vpFREE@yahoogroups.com, jacobs <jacobs@...> wrote:
>
> Starting with a minimum of $2500 would put the EV at +0.82% minimum,
> so expectation after 50 million hands would be a win of $512,000. Thus,
> by your own SD number, losing would be a -5 SD event. Sounds to me
> like a healthy win supports the claim that the game was fair.
>
> On Tuesday 18 January 2011 02:13:58 am you wrote:
> > --- In vpFREE@yahoogroups.com, "Frank" <frank@> wrote:
> > > After about our 50,000,000 hand as a team, we became convinced VP
> > > machines were honest and random.
> >
> > It's always useful to pencil out some numbers. I can only guess at what
> you
> > were doing, so feel free to correct if you'd like. Let's say your team was
> > mostly playing 8/5 jacks quarter progressives with a start level of $2500
> > on the royal. Since you had a team and played till it hit, the meter
> > movement was like cash back to you and didn't add to your variance.
> But
> > the variance of the game itself is about 130. After 50 million hands, the
> > 2SD range would be plus or minus about $200,000. You would expect to
> be
> > somewhere in that range some 95% of the time, but it would be unusual
> (and
> > suspect) to hit the average exactly.
> >
> >
> >
> > ------------------------------------
> >
> > vpFREE Links: http://members.cox.net/vpfree/Links.htm
> >
> > Yahoo! Groups Links
> >
> >
> >
>

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