I'm finding this discussion on short vs long term play riveting and very instructional for me. I'll be silent from posting for the next couple of days, but I'll check back in on Monday and review what I've missed. Big thanks to everyone for sharing their insights.
~FK
--- In vpFREE@yahoogroups.com, "Frank" <frank@...> wrote:
>
>
>
> This doesn't seem to be answering my question. I may have worded it badly. Let me rephrase the question.
>
> I need to know the difference in lifetime hands that short-term players vs long term players get out.
>
> I'll go first: I consider myself a long term player and I have played about 25,000,000 hands in my career.
>
> I average about 2 million hands a year. (single line)
> ___________________________
>
> Your turn: I consider myself a short-term player and I have played about xxxxxxxxx hands in my career.
>
> I average about xxxxxx hands in a year. (single line)
> ___________________________
>
> How many hands people play in a day is not relevant. Only how many hands they have ever played and ever will. A yearly average might come in handy.
>
> I need to know the difference in total play volume for the analysis I'm doing. I'm assuming that short term players play less hands in a year, or in a lifetime than full time players, or there would be no difference.
>
> There is no right or wrong answer to this. I'm just accumulating data.
>
> ~FK
>
> --- In vpFREE@yahoogroups.com, "Peter" <bornloser1537@> wrote:
> >
> > You should check out the risk of ruin (short term) calculations that are performed by Dunbar's spread sheet and/or Video Poker for Winners.
> >
> > One inputs a pay table, the number of hands one wishes to play, a denomination, and your bankroll amount. It grinds a while and spits out the percentage of times that you will lose your entire bankroll, under those specific conditions.
> >
> > ..... bl
> >
> > --- In vpFREE@yahoogroups.com, "Frank" <frank@> wrote:
> > >
> > > For an analysis I'm currently doing I need a solid definition of Short term vs Long term play. Since I'm unfamiliar with these concepts I'm having trouble locking down the meaning either on paper or in my mind.
> > >
> > > Short Term = How many hands?
> > >
> > > Long Term = How many hands?
> > >
> > > What is the popular consensus on the tipping point?
> > >
> > > Thanks in advance.
> > >
> > > ~FK
> > >
> >
>
