Tuesday, June 22, 2010

[vpFREE] Playing Short Coin - Dangerous OR Smart?

Last weekend I was doing one of my occasional inventory "surveys" at some local California casinos.

Sure enough, near the end of the evening, I did notice in one casino that in an area where there had been 4 $5 machines with full-pay games there were now only 3.

But what really caught my attention was something else I always notice.

A woman seated at the far left of the bank of 3 machines was playing one $5 coin.

My immediate reaction (which I will soon be questioning with you) was that the woman is clueless about VP. This could be the one night she hits a royal, and she will lose $18,750 by not betting just $20 more to get her up to max bet. What a lamebrain!

Two days ago as I was recording my own result for the weekend (which was a loss) I began to rethink my position.

In many games you sacrifice a little over a per cent or so by playing a full-pay game for 1 coin vs 5 coins. For example, 9/6 Jacks becomes a 98.3% game with one coin played vs.a max bet 99.5% game.

But since all payoffs are proportional EXCEPT for the royal, maybe that woman was smarter than I thought. Maybe she was betting she wouldn't get a royal and was just trying for the best return from the rest of a paytable.

Consider that elsewhere in the casino the best single-line $1 Jacks game probably has an 8/5 paytable. True, the one coin $5 game isn't playable. But it's certainly MORE playable than the $1 game IF no royal appears. And it's actually not a bad bet that during a session you won't see a royal! Sort of like betting NO PASS at the craps table, only now you get to hate yourself instead of everyone else hating you.

If that makes sense.

So I wonder how many others out there seek the safety of a full-pay game in High Limit and play short coin when options in the rest of the casino are dismal.

Indeed, another "one-coiner" sat next to me a few weeks ago as I played $5 3 Play NSUD. Sure enough, she hit 4 Deuces on one $5 coin and collected her $1000 with no lights going off, no music playing, no tax forms.

But a few hands later, she was dealt four-to-the royal and gasped.

So did I.

The odds prevailed, and the draw card was an off-suit 7, We both were actually "relieved", in a way.

That's the flip side of betting against yourself.

------------------------------------

vpFREE Links: http://members.cox.net/vpfree/Links.htm

Yahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/vpFREE/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/vpFREE/join
(Yahoo! ID required)

<*> To change settings via email:
vpFREE-digest@yahoogroups.com
vpFREE-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
vpFREE-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/

No comments: