[vpFREE] Re: Bob Dancer's LV Advisor Column - 26 MAR 2013

 

noti ... you seem to be limiting the skill component of return to the positive edge of a game. If you instead allow a more commonly attributed 2%-3% advantage (vs relatively unskilled play), aren't Bob's estimates in the general ballpark?

- H.

--- In vpFREE@yahoogroups.com, "nightoftheiguana2000" <nightoftheiguana2000@...> wrote:
>
> Bob wrote:
> >I talk about luck versus skill in video poker. I say that over the >next two hours luck accounts for probably 80% of your results. Over >the next 200 hours, luck accounts for probably 20%.
>
>
> I have to disagree. For two hours, 2000 hands of video poker?, luck has to be over 99%. At 200 hours, 200,000 hands?, 20% luck is very low, that would be a video poker game with an unusually low N0. At N0 luck is 50%. Typical video poker has N0's around a million hands. FPDW+0.25% is 50% luck at about 260,000 hands. Of course this is taking "luck" to be the standard deviation, a common definition for an ill defined term.
>
> [For those that don't know, N0=variance/edge^2 hands]
>
>
>
> --- In vpFREE@yahoogroups.com, vpFREE Administrator <vpfree3355@> wrote:
> >
> > Bob Dancer's LV Advisor Column - 26 MAR 2013
> >
> > "The Secret to Success"
> >
> > http://www.lasvegasadvisor.com/bob_dancer/2013/0326.cfm
> >
> >
> > *************************************************
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> > of the linked article's content by vpFREE. Any
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> > *************************************************
> >
>

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