--- In vpFREE@yahoogroups.com, "Frank" <frank@...> wrote:
>
> There's something you are all forgetting. As long as all the players on the bank aren't a single team playing a conservative strategy, fighting for the high progressive and playing for the high meters considerably increases the casino's rake. It's odd but what's good for the player is also good for the casino.
>
> You could put in a 9/6 JoB game with .5% MR and still make money as long as the competition was adjusting their strategy "correctly".
>
> This has to do with the dynamics of immediate expectancy vs long term profit.
>
I've always thought something like that too. So let me see if I am on the same page.
First of all, the jackpot is "banked", so that is not the casino's money. And as the jackpot goes up, it is correct for the players to adjust their strategy, (i.e., break high pairs for RF3 draws, etc.) So the player makes money because the jackpot is high enough, and he adjusts his strategy.
On the other side of the coin, and at the same time, the casino makes money because the BASE game is still quite negative by itself. So even at the point where the jackpot makes the game break-even for the player, the casino continues to profit on subsequent action. And ALSO, if the player adjusts his strategy correctly, then the casino makes even more money off the base game and subsequent action. It's an interesting situation, because breaking the high pair to draw to a RF3 is better for the player AND the casino at the same time. Kinda difficult concept to grasp.
