Harry,
I vote you keep on posting, and Nordo too.
________________________________
From: "harry.porter@verizon.net [vpFREE]" <vpFREE@yahoogroups.com>
To: vpFREE@yahoogroups.com
Sent: Friday, December 4, 2015 2:03 PM
Subject: RE: [vpFREE] Re: Bob Dancer's LVA - 1 DEC 2015
Nordo ...
It would seem you're of the impression that I've established a track record here of talking out of my ass.
I doubt I've ever included "incentives" in the discussion of a play here that weren't at least near-cash equivalents (if not cash itself).
This exchange has gone a long way toward cementing a budding impression that I waste my time when posting here.
- H.
---In vpFREE@yahoogroups.com, <Nordo123@...> wrote :
Harry let's take a look at your "candy store" game at Ballys:9-6 JOB with 1% CB and 1% "incentives". First of all I would not play this game at less than dollar denomination, it would be a waste of time. Secondly how much was that 1% "incentives" worth in cold hard cash? Harry - you did not say and this is very important. Playing 659641 hands of this game perfectly (and believe me NO ONE plays perfectly) at dollar denomination yields an expectancy of $17938.94 with a standard deviation of $17938.95. These figures assume the "incentives" are worth 0 in cash. At the risk of sounding like NOTI approximately what percentage of players (playing perfectly) would lose -about 16% or about 1 in 6. At 4•659641=2638564 hands at dollars (more than a years worth of playing for most players) the game is worth $71755.75 with a standard deviation of $35877.90. What percentage of players would lose? When is the Z statistic less than -2? Same answer about 2.5%. Imagine playing over 2 1/2 million hands of JOB, over 1 year of playing that boring game and still a loser - it would drive you crazy- and that's the fate that awaits that 1 person in 40. Now don't get me wrong - this is a good game and unlike NOTI I would dabble in this game if offered in dollar or higher denomination. However I should point out 10 years ago there were far better opportunities.
Sent from my iPhone
[Non-text portions of this message have been removed]
Posted by: Bruce Cohen <brucedcohen2002@yahoo.com>
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (15) |
