Wednesday, December 23, 2009

[vpFREE] Re: Dream Card variance PSA

I think it's not that hard to estimate, using the wizard's numbers for the dream card state, and dividing the wins by 2 (since you have to bet double to get the state), I get a variance of about 40. Average that with the variance of the state without the dream card (about 5) and you get a total variance of about 23. Variance is not the same thing as short term volatility however. For a breakeven game, on average you expect to pay a royal to "win a royal" (net breakeven, casino marketing hopes you get so excited about the "win" that you forget the cost), and in this game the royal cycles simply happen sooner.

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