Re: [vpFREE] Re: Progressive strategy change and variance

 

aonsf@reallymymail.com wrote:

>Thanks for all your comments on this! It has really given me a lot to think about as well as developing new strategies for play.
>
>One other semi-related question on the subject of progressives. Does meter speed factor into EV, or is it simply "what value is the progressive at right now as I start to play"? Say there is some game that costs $5 per hand, has exactly a 99% return at the start of the progressive, and the meter rises by 1% (so +$0.05 per hand). What could we say about the EV of this machine over the long term due to the meter speed?

On average, the progressive will hit in 1 cycle, so, in your example,
payback would average 100%. But that's normally irrelevant. Your
main concern, normally, should be what value your next hand will have,
independently of meter movement.

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Posted by: 007 <007@embarqmail.com>
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