Dunbar's Risk Analyzer for Video Poker will do RoR calcs for Pick'em. You can include the slight payoff variation in your local version as well as the cashback. DRA-VP will do both longterm and short-term RoR calcs.
In fact, Pick'em was the reason I created DRA-VP in the first place. I wanted to know how much money I needed to bring with me on a weekend trip to Mohegan Sun. I knew from the jazbo/sorokin formula how much money I'd need to play Pick'em indefinitely, but how much did I need if I wanted to play the game for 16 hours? I created an Excel sheet to get the answer, and then thought others might find it useful, too.
--Dunbar
---In vpfree@yahoogroups.com, <eric_vp1991@...> wrote:
Greetings from Southeastern Wisconsin. In my local casino, there is a bank of $1 near full pay (1195 instead of 1199 for a straight flush) Pick 'em Poker returning 99.9510% with a variance of 14.995645 and a 0.125% cash back slot club. All things considered, it should be a positive EV game 24/7.
Here's my question: what is the risk of ruin at 50%, 25%, 10% etc.? I cannot find a RoR calculator for Pick 'em Poker anywhere online.
If anyone has any idea on where to find one or has the drive to make one, I think that would help the community immensely.
Thanks
-Eric
Here's my question: what is the risk of ruin at 50%, 25%, 10% etc.? I cannot find a RoR calculator for Pick 'em Poker anywhere online.
If anyone has any idea on where to find one or has the drive to make one, I think that would help the community immensely.
Thanks
-Eric
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