>It's all about the size of your bankroll. Which is why the Kelly
>system is so important. The Kelly system produces the maximum
>average bankroll growth. The rich get richer, the poor get poorer,
>and the middle steadily disappears.
The Kelly system can work fine for games where you can make
relatively small changes in your bets, allowing you to bet a
calculated percentage of your bankroll, but that is rarely possible
in video poker. The only situation I can think of would be a 100-play
machine that lets you play any number of hands.
Also, Kelly is not very good for games with widely skewed
probabilities and payoffs, including video poker.
The only reliable calculation for risk is the Sorokin formula, first
applied to video poker by (I think) jazbo, and included as a feature
in Optimum Video Poker.
Dan
--
Dan Paymar
Author of best selling book, "Video Poker - Optimum Play"
Developer of VP analysis/trainer software "Optimum Video Poker"
Visit my web site at www.OptimumPlay.com
"Chance favors the prepared mind." -- Louis Pasteur
[Non-text portions of this message have been removed]
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