[vpFREE] Re: Bob Dancer's LVA - 2 DEC 2014

 

I think the error rate of playing in a casino, caused by such distractions as noise, alcohol, sticky buttons, spotlight glare, and so on, is almost always much greater than the error rate of not remembering the computer perfect maxEV strategy for every hand.

Computer perfect maxEV strategy is fine in a vacuum, indeed mathematically in isolation it is the optimal strategy for EV, however, casinos are far from a vacuum. Given the distractions and frankly slot machines and lighting that are designed to cause errors and the various oddball promotions and punishments and even violations of civil rights being employed, often a simpler strategy or even a min cost strategy is more optimal in the actual environment of a casino. For example, on paper a royal flush may pay 800 bets, but in reality there are various additional hidden costs that bring that return closer to 400 or even 0. Now some may think that makes the game unplayable, but actually it doesn't, if an optimal strategy is employed. Note that the optimal strategy is dependent on the total environment of the game, computer perfect in vitro maxEV may be a place to start, but quite likely it is not the optimal strategy in vivo.

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Posted by: nightoftheiguana2000@yahoo.com
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