Re: [vpFREE] why CE is better than EV

 

fivespot wrote: "If there are VP examples where a CE-aware strategy makes a big
difference, I'd be interested to hear about them. I haven't found
any."

It's something to keep an eye out for. For video poker my thought would be to start with minROR strategy. For small edges, there's not much difference between minROR and maxEV strategy. I think your FPDW example would look better with minROR and with smaller bankrolls. Another thing to watch would be a promotion that's juicy enough for you to consider moving up in denomination, even though you'd be gambling with a smaller bankroll in relation to the new betsize. So, in summary, if you have a big bankroll and are playing tight edges, maxCE strategy will be close to maxEV strategy, for smaller bankrolls and larger edges the difference will grow. At half the Kelly bankroll, maxCE strategy and minROR strategy are the same. At infinite bankroll, maxCE strategy and maxEV strategy are the same.

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Posted by: nightoftheiguana2000@yahoo.com
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