[vpFREE] Re: Progressive Play Disclaimer

 

Isn't 0.01% going to give you the 1 in 10,000 chance of going broke instead of 1 in 1000? I think you mean 0.1% which will give you a smaller bankroll requirement for FPDW, $13,215.

--- In vpFREE@yahoogroups.com, "Frank" <frank@...> wrote:
>
>
>
> Interesting question Bob.
>
> I can't list a recommended bankroll for 9/6 JoB because as it is a negative expectancy game, you are expected to lose whatever you bring to the table. Using the same equations I did for the M progressive would put the BR requirement at infinite. Play enough, you lose, end of story.
>
> I believe the reason Judy is having trouble understanding these numbers is because she hasn't crunched the numbers for the games she feels are safer. Let's do that now.
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> Using the Risk of Ruin formula in VPW for quarters, to have a 1 in 1000 RoR we need the following bankrolls for these four popular games:
>
> FPDW = $17,620
>
> 5-7-T Dbl BoPo = $92,672
>
> NSUD = Infinite
>
> 9/6 JoB = Infinite
>
> Taken in context the $20,000 amount I stated as a BR requirement for M is very reasonable and only slightly more than what you are supposed to have to play quarter Full-Pay Deuces Wild.
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> My guess is that most people are playing everything with less than recommended bankroll and therefore take issue when a reasonable BR requirement is posted for an individual game without a frame of reference handy for comparison. If I had know that this was needed I would have posted it sooner. Sorry. I thought everyone was familiar with RoR calculations.
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> If you own a copy of VPW or OpVP, they both contain RoR calculations. I recommend running your game of choice though, and enter ".01" in the chance of ruin field, and then click on calculate BR requirement.
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> You'll find that $20,000 is not only reasonable it's on the low side.
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> ~FK
>
> --- In vpFREE@yahoogroups.com, "Bob Bartop" <bobbartop@> wrote: And how much of a bankroll would you want to play for a "normal" $1000 royal, say on 9-6 JoB or something like that? About 4 or 5 times the royal? And Frank DID mention something like a 1 in a 1000 risk of ruin. Sounds like Frank is a cautious man. Nothing wrong with that.
> >
> > But don't let me stop you from putting a negative spin on it.
> >
>

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