Tom,
Could you explain how the optimal strategy is calculated in your example below? How about an example that is likely to be encountered in 2012. I play progressives without the benefit of a team. How does that alter the strategy?
Thanks,
Chris
> >Hi Tom!
> >
> >Hay if you think about it, I bet people would love to hear how much of a difference playing the break-even strategy makes to total potential earn. I'd tell them myself, but with you posting here I'm sure people would rather hear it from you. After all, you taught me...
> >
> >Happy New Year BTW...
> >
> >~FK
>
> It can be kind of amazing. Sometimes I cringe when professionals draw
> to a progressive royal, no matter how slim the margin is over the
> theoretical break point, as if there were no cost to them of the meter
> resetting or the greater fluctuation. Especially if a team is
> involved, the difference in optimal strategy can be very significant.
> I was involved with a team that locked up a bank of tens or better $1
> machines. The break even royal was $18,400 and the meter was 5%,
> which meant that the optimal strategy was to play as if the royal was
> something like $10,000, no matter what the meter, which sometimes went
> to over $40,000, was.
>
