I may not have been clear in my original post for which I apologize. When you buy in for $500 you can only play $500 in total for that buy in. You may buy in a second or third time but that is regarded separately for prize purposes. Thus if you play 100 tickets at $5 per ticket your buy in is used up. Whether you win, lose, or break even with the $500 u cannot play any more with that buy in. To keep track every buy in is given an account number which goes on the ticket and when you reach the limit cannot play any more for that buy in. There are some tournaments that do have a minimum buy in with no upper limit on play (i.e Fremont).Thus the trick is how to play that $500. There are rues to prevent one form "buying" a tournament such as limit of $10 per ticket or way in most tournaments. Standard Wong suggests that you check the totla s(they are usually posted hourly) and buy a ticket for the minimum number of spots that if all hit would put you in first place. For example if the first place person has won $1879 thus far and you have won $978.50 thus far...playing The El Cortez $1.15 special 5 spot that pays $1,000 on a 5 of 5 if hits puts u in first place. Of course the player you are trying to catch may have some of his or her buy in left and can re overtake you in the same manner. Being that keno is a long shot game one has to look at the big picture over multiple buy ins as in a 36'-48' tourney anything can happen. One thing I have advised in my columns is it makes no sense to play any ticket that will not put you or keep you in the prize fund. That way you would be giving up that extra money that nullifies the house edge. I am open to any suggestions for tournament play that are based on sound math and comp using strategies (i.e, I totally agree with Max Rubin int he philosophy of getting $10 in comps for every $1 in losses) .As a small recreational player I value comps very highly. Thanks
On Saturday, June 7, 2014 3:59 PM, "Bob Dancer bobdancervp@hotmail.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:
80% of $500 entry fee is indeed $400 --- if you bet your $500 exactly once. Betting your money once is not a way to win a tournament. To win the tournament you have to keep betting until you either go broke or hit a very large jackpot.
This may be an advantage play if you know how to play tournament Keno (Stanford Wongs Casino Tournament Strategy is old but has some good basics.) But basing this decision on you're only going to lose $100 because 80% of $500 is $400 is NOT the way to address the situation.
Bob
This may be an advantage play if you know how to play tournament Keno (Stanford Wongs Casino Tournament Strategy is old but has some good basics.) But basing this decision on you're only going to lose $100 because 80% of $500 is $400 is NOT the way to address the situation.
Bob
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