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.
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Posted by: nordo123@aol.com
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