Re: [vpFREE] Re: Bob Dancer's LVA - 8 SEP 2015

 

>OK, so you don't play at the airport. Let's say you're considering playing at a casino near Chinatown that has triple bonus plus. You figure the total incentives are worth about a percent and you're not at all concerned about getting backed off for hitting too many royal flushes (if you were concerned you should probably be playing max-non-royals strategy found by setting the royal to 0). So, triple bonus plus and a percent incentives is about a net 0.8%. Using the wizard's strategy generator, figure out what level of royal results in 99.2% return, try something like 500. The strategy you get is min-cost-royal strategy for this situation. Have fun!
>
>Summary: to minimize the cost of a royal, play more aggressively for the royal if you have an underlay and less aggressively if you have an overlay.

If you're not concerned about being backed off for hitting jackpots,
why not use max-EV strategy? If you'd prefer the Kelly optimal
strategy to max-EV, I'd bet that the Kelly optimal strategy would
generally be closer to max-EV than min-cost-royal.

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Posted by: 007 <007@embarqmail.com>
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