Mickey said:
"Early on in my machine playing career, every time I took an extended losing streak I thought I was being cheated. But the end results were always the same. I always came out ahead. In twenty years I've still never had a losing year. I started seeing the losing streaks as just a cost of doing business. When your sample space gets big enough you will see all kinds of whacky stuff. Five cycles between royals. Ten cycles between quads. On the flip side I've hit 3 royals in four hours, six quads in 200 hands.
My first reaction to a losing streak is to become agitated. And I will stay agitated to a point. If the losing steak keeps up I eventually start laughing at myself. But then I'm always playing within the means of my bankroll. Surviving the losing streaks is routine to me. As long as I trust the jurisdiction I'm gambling in I never suspect that I'm being cheated. It's just the cost of doing business."
This is an excellent assessment of video poker volatility. Whenever anyone in Nevada starts wondering about gaffed machine(s), this post should be used as the answer. It's very easy to suspect cheating until you've played several million hands and experienced the normal swings for yourself.
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Posted by: Jack Black <jack_in_black21@hotmail.com>
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