--- In vpFREE@yahoogroups.com, "Frank" <frank@...> wrote:
>
> Does anyone out there remember where the technical definition of "Long Term" for video poker is sequestered? I remember the content and that it was the number of hands required to have a 99% chance of being within + or - 1% of expectancy, but I can't seem to find it now.
>
> ~FK
>
Perhaps you're remembering a discussion about longterm at this link:
http://members.cox.net/vpfree/FAQ_LT.htm
...especially the part posted by John G. Zaroff part way down the page. Zaroff credits TomSki with calculating how many hands it would take to have a 95% chance of being within 1% of EV.
That's an interesting measure, but I don't think either Zaroff or TomSki meant for that to be an official technical definition of long term.
--Dunbar
[vpFREE] Re: Long Term
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