What do you mean by the "long term?"
I hope I've done this right, since I was never very sure of myself
regarding how to use probability. I hope I'll be corrected if not:
Assume Jean and Brad play 800 hours per year. Assume they play 1000
hands per hour. Assume they always play 5 coin single line $1
machines with a variance of 40. They've played 20 million hands.
Their standard deviation is the square root of the number of hands
times the variance, or 28,284. They're 200,000 units, or 7 standard
deviations, ahead. If that isn't statistically significant, what is?
RWS wrote:
>Well congratulations on your results. But that information doesn't address my original observation that those who play VP advantage really don't understand that they are not playing in the long term as far as statistical significance. It's very likely that in your 25 years of play, your number of hands doesn't approach the long term either.
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>________________________________
> From: Queen of Comps <queenofcomps@cox.net>
>To: vpFREE@yahoogroups.com
>Sent: Saturday, November 9, 2013 4:54 PM
>Subject: Re: [vpFREE] RE: Today I was dealt a Sequential Royal Flush!
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>Playing over 25 years, only on positive VP plays (which include all cash
>extras, i.e., free play but not including comps), we have won an average of 40K
>per year.
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>------------------------------------------
>Jean
>$¢ott, Frugal Gambler
>http://queenofcomps.com/
>You can read my blog
>at
>http://jscott.lvablog.com/
>
>From: RWS
>Sent: Saturday, November 09, 2013 2:06 PM
>To: vpFREE@yahoogroups.com
>Subject: Re: [vpFREE] RE: Today I was dealt a Sequential Royal
>Flush!
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>How
>is it that anyone feels their playtime at video poker even approaches long term
>math? (millions of trials) I have yet to see anyone explain
>that on this site.
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>________________________________
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