---In vpFREE@yahoogroups.com, <ms_vpfree_3@...> wrote:
> From: rob riedJean Scott addressed this in her latest blog:
> A related question I have always puzzled about.
> Does two people playing out of a common bankroll
> change the risk of return calculation?
"Having a "gambling buddy" can be an economic advantage, especially if you have a small bankroll, because two people playing the same play together don't need a bigger bankroll than the solo player."
http://jscott.lvablog.com/?p=3261
That's true if we're considering the longterm bankroll needs of two people playing forever (and with an edge). If two people agree to become partners for a limited time, things are different, although there is still an economic advantage to being partners. For a trip, the partners DO need to bring a larger combined bankroll than a single player would have to have brought.
Consider a weekend trip in which two players each want to play 20 hours of $1 Pick'em. For a single player, a $4000 bankroll would result in a 2% RoR. But if both players try to play 20 hours on a $4000 bankroll, then that's the same as a single player playing 40 hours. The Trip RoR would jump up to 14%.
The two partners can achieve the same 2% RoR with a combined bankroll of $6000. So having a partner allows you to reduce your weekend bankroll from $4K to $3K while keeping the same RoR. But it doesn't allow you to reduce it to $2K.
--Dunbar
(all calcs done with Dunbar's Risk Analyzer for Video Poker)
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