RoR in Video Poker

[blueman]

This game might be a beast with good free play

[blueman]

That's what I did, got up to $400K/mo. throughput with $4K mailers, then the joint changed all their pay tables. Got to know some others playing there and asked what they were getting in mailers. Overheard a host talking about mailers being 1%.

How would you factor free play into ror and all those important numbers?

[Joe Mama]

Free play on a 100% EV game is the same as cash to me. I'd add it to your 0.16% EV (as a percentage of throughput) and run the same calculations shown in previous posts.

[blueman]

Free play on a 100% EV game is the same as cash to me. I'd add it to your 0.16% EV (as a percentage of throughput) and run the same calculations shown in previous posts.

I understand why its basically the same as cash. But i dont understand what you mean by add it to your ev, unless you mean:

I generated $1900 in FP after about 10 hours of play. If this happens on average, can i just add $190 to my hourly ev? If so, this almost triples the $100 hourly ev the game is worth.

And how would i figured out the bank roll needed? Its 125*42/0.0016= 3.28mill where would that 1900 FP fit into the equation?

[Joe Mama]

I understand why its basically the same as cash. But i dont understand what you mean by add it to your ev, unless you mean:

I generated $1900 in FP after about 10 hours of play. If this happens on average, can i just add $190 to my hourly ev? If so, this almost triples the $100 hourly ev the game is worth.

And how would i figured out the bank roll needed? Its 125*42/0.0016= 3.28mill where would that 1900 FP fit into the equation?

$1900/625000/10 hours throughput = 0.304% free play, EV now 0.464%

Plug into RS's BR calc. 125*42/0.00464= 1.13 mill

[double up]

@blueman: You seem to be a man who likes to play out the big variance. Playing $25 bets on a 100.06% return VP with massive swings sounds like quite a gamble to me. How about trying to hit some +EV jackpots, if that is your game.

[Joe Mama]

@blueman: You seem to be a man who likes to play out the big variance. Playing $25 bets on a 100.06% return VP with massive swings sounds like quite a gamble to me. How about trying to hit some +EV jackpots, if that is your game.

Technically, this is +EV. I think the lesson is that you need to examine more than EV alone. The variance helps define the risk to capture the EV.

[double up]

@Joe Mama: Yes, I know that it is +EV, which is why I mentioned the jackpot hunting alternative with a similar variance.