Saturday, April 16, 2011

[vpFREE] Re: Cannery Hates Video Poker Players

MaxEV per hand VS. Max Value/Playtime

You know I had no idea anyone had even tried to explain this bizarre phenomenon outside of my book. Thank you for the heads up. I believe the explanation of this topic is better covered in my Book, but of course I took half a chapter to do it.

For those of you that are having trouble following nightoftheiguana's and my mutual back patting match, I recommend reading/re-reading all of Chapter 5 "Is That A calculator in Your Pocket, or are You Just Happy to See Me?" in my book. The main subheadings that cover it are: Zen & The Art of Preserving Play Time, Optimum-Play Number, and Opportunity Cost.

I knew it was a very hard to grasp concept, so I didn't skimp on the verbiage...not that I ever do.

For those of you that don't have a copy and never will, a couple of points.

1. This only applies to progressives
2. The main dynamic causing a strategy alteration to be both correct and wrong at the same time is the loss of playtime.
3. On a non-progressive you are free to hit as many Jackpots as you like during your designated play-time in the course of a day.
4. On a progressive it's great to hit the Jackpot, but as soon as you do, you're out of work (until the progressive gets up again).
5. It's like a temporarily 86ing yourself for hitting the Jackpot.
6. Therefore speeding up the 86ing process has its cost.

~FK

P.S. Here "couple" is defined as "6".

--- In vpFREE@yahoogroups.com, "nightoftheiguana2000" <nightoftheiguana2000@...> wrote: It's a clash of strategies. MaxEV strategy maximizes the average return of each hand on a hand by hand basis, but Min_Cost_Royal strategy minimizes the average cost of hitting a royal so it extracts the greatest value from each royal progressive jackpot. Steve Jacobs tried to explain this at one time:

http://members.cox.net/vpfree/FAQ_S.htm


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