>
> Posted by: "Cogno Scienti" cognoscienti@hotmail.com
> <mailto:cognoscienti@hotmail.com?Subject=%20Re%3A%20Real%20cost%20of%20an%20%22error%22>
> cogno_scienti <http://profiles.yahoo.com/cogno_scienti>
>
>
> Thu Feb 3, 2011 12:52 pm (PST)
>
> It costs 0.247% of your bet to hold just the aces (1.24 cents on a $1 game
> as you say). Aces up are 19008 out of the 2,598,960 possible hands. So the
> EV is lowered by 0.00247 * (19008 / 2,598,960) or 0.0018%. So it'll
> cost you
> about $18 for every million dollars you put through the machine. At 1000
> hands per hour you'd be throwing away 9 cents/hour. Some folks may
> have that
> kind of money to waste but I don't.
Gee whiz. Nine cents on $5,000.00 action. You apparently consider
yourself a pro to be concerned about that. Did you note that I suggested
that pros hold the two pair?
If you would like to send me a copy of the strategy chart that you use,
I'd be happy to evaluate it and see what other losses there might be.
Dan
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