[vpFREE] Re: Real cost of an "error"

>
> Posted by: "Cogno Scienti" cognoscienti@hotmail.com
> <mailto:cognoscienti@hotmail.com?Subject=%20Re%3A%20Real%20cost%20of%20an%20%22error%22>
> cogno_scienti <http://profiles.yahoo.com/cogno_scienti>
>
>
> Thu Feb 3, 2011 12:52 pm (PST)
>
> It costs 0.247% of your bet to hold just the aces (1.24 cents on a $1 game
> as you say). Aces up are 19008 out of the 2,598,960 possible hands. So the
> EV is lowered by 0.00247 * (19008 / 2,598,960) or 0.0018%. So it'll
> cost you
> about $18 for every million dollars you put through the machine. At 1000
> hands per hour you'd be throwing away 9 cents/hour. Some folks may
> have that
> kind of money to waste but I don't.

Gee whiz. Nine cents on $5,000.00 action. You apparently consider
yourself a pro to be concerned about that. Did you note that I suggested
that pros hold the two pair?

If you would like to send me a copy of the strategy chart that you use,
I'd be happy to evaluate it and see what other losses there might be.

Dan

[Non-text portions of this message have been removed]

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

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/