Factoring FREE PLAY into RoR

[Freightman]

How would I factor in free play when calculating RoR?

For example, playing a game with 1% player edge, and after every 500 hands played, I receive $100 in free play

Why Bother. Your 100 free play is worth less than your edge of 1%, ergo, it’s less than a buck, since I think most joints will only pay even on blackjack.

Now, if you want to treat the 100 as 100 profit, then 500 times your average bet - let’s say 100, multiply by your edge, add the 100 free play and recalculate your edge.

500x100=50000x1%=500+100=600. Edge is now 1.2%. Now, make your ROR calculation.

[Midwest Player]

Why Bother. Your 100 free play is worth less than your edge of 1%, ergo, it’s less than a buck, since I think most joints will only pay even on blackjack.

$100 in free play is worth way more than a buck if you use it on video poker.

[DSchles]

Why Bother. Your 100 free play is worth less than your edge of 1%, ergo, it’s less than a buck, since I think most joints will only pay even on blackjack.

Now, if you want to treat the 100 as 100 profit, then 500 times your average bet - let’s say 100, multiply by your edge, add the 100 free play and recalculate your edge.

500x100=50000x1%=500+100=600. Edge is now 1.2%. Now, make your ROR calculation.

How do you figure the $100 free play to be worth $100??

Don

[Freightman]

How do you figure the $100 free play to be worth $100??

Don

I don’t. It’s clearly implied that if he should wish to treat it as $100......... Further, Ive clearly stated my thoughts on its value, ergo it’s minimal effect on ROR.