What's this "min-cost-royal strategy" and how would someone figure it out?
I'm still not sure quite how the cash-back effects the strategy (assuming the 0.3% CB points....not talking about mailers), unless that means you'd change the paytable to include the 0.3% CB (ie: Jacks or better would pay $5 + 0.003*$5, getting two pair would pay $10 + 0.003*$5, getting a losing hand would pay 0.003*$5, etc.). If the CB is good enough to play without the promo, wouldn't you just play it anyway, whether you're eligible for the promo or not (ie: You'd still play 1% CB on 9/6 JOB, whether the RF paid $4000 or $8000).
The way that I would have solved this "how to play" strategy, would be the way NOTI wrote below, where you figure out the EV of the 8000 coin payout on the second royal, then add that EV to the first royal. So for the first royal you'd play as if it was a $7051 RF, and the strategy for the second royal would be as if it paid $8000). I'm taking NOTI's word that the EV is $3051 for an $8k royal, I haven't checked a strategy generator for that number.
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On Wednesday, April 6, 2016 11:50 PM, "nightoftheiguana2000@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:
the discussion was about a second royal pays double promotion on jacks or better
just off hand, I think if your goal is to maximize the return of the royal, then min-cost-royal strategy is the winner, in this case with no cashback, it would be at a royal of about 4900. Two average royal cycles would be 71,746 hands. Cashback would change that.
on the other hand if your goal is to maximize the per hand return, that would be a bit different. You would start with the strategy for the double royal, that would be at a royal of 8000. That would give you an EV of 3051 once you subtract the average cost to hit the royal. So, the strategy for hitting the first royal would be at a royal of 7051 (4000+3051). Hitting that first royal has that true net EV, so that's the strategy. Two average royal cycles would be about 65,817 hands.
you could also play a strategy with an average royal, that being 6000, and that would be somewhere between max royal return and max per hand return.
Posted by: shagatola shagatola <shagatola@yahoo.com>
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