Re: [vpFREE] Losing $1 for every tier credit on a 99% machine :(

 

My mistake ... I presumed the 98.6% paytable featured a more commonly found "1/2" for the first two paylines, vs "1/1" of the 99.0% variant.



---In vpFREE@yahoogroups.com, <h_dunbar@...> wrote :

Harry, how can you do worse on a game, when the only difference is that you get paid more for a royal flush?   In the 99.0% and 98.6% versions of DJ you have the same probability of getting each kind of hand.   And you collect the same payoff for all hands below a RF.  But you collect 200 more units on a RF in the 99.0% game.

The bigger variance of the 99% DJ game might have an impact on losses if the big royal payoff caused strategy changes that lessened the chance of hitting other hands.   But I used the hand frequencies for 98.6% DJ that I got from WizOfOdds, and simply changing the RF payout from 800 to 1000 produces a 99.0% game.   So, if there are strategy changes, they can be safely ignored.

--Dunbar


---In vpFREE@yahoogroups.com, <harry.porter@...> wrote :
 
Haven't look at details, but I'm going to guess that the 99.0% game has a much stronger variance (think 8/5 BP vs 9/6 DDB).  Are you secure in your take on the relative loss potential?


---In vpFREE@yahoogroups.com, <h_dunbar@...> wrote :

Thanks, Harry.  I looked for it at WizOfOdds but couldn't find it.  Should've checked vpFREE2.

That 99% pay table makes the chance of losing $2K a tiny bit smaller.   The difference between 99.0% and 98.6% amounts to an $80 difference in EV at the end of $20,000 of coin-in.   So it's not going to have much impact on one's chance of losing $2000.

--Dunbar

---In vpFREE@yahoogroups.com, <harry.porter@...> wrote :

99% DJ paytable in question is 1/1/4/6/8/10/25/50/100/1000  (var akin to ddb)


---In vpFREE@yahoogroups.com, <h_dunbar@...> wrote :

Assuming that...

1. "99% Double Joker" is the 98.6% pay table, and
2. no errors were made in play...

then losing $2000 in $20K coin-in at a 25c game is way worse than 2 standard deviations.   It's about a 0.04% event, 1 in 2500.

If you assume that errors costing 0.2% of EV were made, the chance of losing $2K is still only about 1 in 1600.  And even if mistakes totaling 0.6% of EV were made (turning it into a 98% game), the chance of losing $2K is still 1 in 670, or about 3 standard deviations.

Like you, I can't answer the original poster's question without more specific parameters.

--Dunbar

(Calcs were done using Dunbar's Risk Analyzer for Video Poker 2.0)



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Posted by: harry.porter@verizon.net
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Re: [vpFREE] Losing $1 for every tier credit on a 99% machine :(

 

Harry, how can you do worse on a game, when the only difference is that you get paid more for a royal flush?   In the 99.0% and 98.6% versions of DJ you have the same probability of getting each kind of hand.   And you collect the same payoff for all hands below a RF.  But you collect 200 more units on a RF in the 99.0% game.


The bigger variance of the 99% DJ game might have an impact on losses if the big royal payoff caused strategy changes that lessened the chance of hitting other hands.   But I used the hand frequencies for 98.6% DJ that I got from WizOfOdds, and simply changing the RF payout from 800 to 1000 produces a 99.0% game.   So, if there are strategy changes, they can be safely ignored.

--Dunbar


---In vpFREE@yahoogroups.com, <harry.porter@...> wrote :
 
Haven't look at details, but I'm going to guess that the 99.0% game has a much stronger variance (think 8/5 BP vs 9/6 DDB).  Are you secure in your take on the relative loss potential?


---In vpFREE@yahoogroups.com, <h_dunbar@...> wrote :

Thanks, Harry.  I looked for it at WizOfOdds but couldn't find it.  Should've checked vpFREE2.

That 99% pay table makes the chance of losing $2K a tiny bit smaller.   The difference between 99.0% and 98.6% amounts to an $80 difference in EV at the end of $20,000 of coin-in.   So it's not going to have much impact on one's chance of losing $2000.

--Dunbar

---In vpFREE@yahoogroups.com, <harry.porter@...> wrote :

99% DJ paytable in question is 1/1/4/6/8/10/25/50/100/1000  (var akin to ddb)


---In vpFREE@yahoogroups.com, <h_dunbar@...> wrote :

Assuming that...

1. "99% Double Joker" is the 98.6% pay table, and
2. no errors were made in play...

then losing $2000 in $20K coin-in at a 25c game is way worse than 2 standard deviations.   It's about a 0.04% event, 1 in 2500.

If you assume that errors costing 0.2% of EV were made, the chance of losing $2K is still only about 1 in 1600.  And even if mistakes totaling 0.6% of EV were made (turning it into a 98% game), the chance of losing $2K is still 1 in 670, or about 3 standard deviations.

Like you, I can't answer the original poster's question without more specific parameters.

--Dunbar

(Calcs were done using Dunbar's Risk Analyzer for Video Poker 2.0)



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Posted by: h_dunbar@hotmail.com
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[vpFREE] 2017 Great Gift Wrap Up

 

The earning period for the 2017 Great Gift Wrap Up began Dec. 5 and will end at 6 p.m. PST Dec. 4, 2017.  However, Harrah's Ak-Chin Phoenix is not participating in this early earning period and you will not begin earning points there until Jan. 1, 2017.  Also there are blackout dates Dec. 28 through 31 during which you will not earn points.  Dates for next year's event are Nov. 2 through 6 in the Grand Ballroom at Paris Las Vegas and Nov. 29 through Dec. 3 in the Palace Ballroom at Caesars Palace.  For complete details click here.

Darryl

 
Darryl D. McEwen, Publisher
http://www.sevenstarsinsider.com

Click here for latest news about Caesars Entertainment

Follow me on Twitter: @7StarsInsider

Read my Mr. AC Casino column in the Atlantic City Weekly
and my travel articles at TravelZork.com


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Posted by: "Darryl D. McEwen, Seven Stars Insider Publisher" <sevenstarsinsider@gmail.com>
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