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What’s More Important than EV?

Not long ago, I mentioned in a blogpost that if the only difference between an IGT game and a Scientific Gaming game was that straight flushes paid 250 in the former and 275 in the latter, I’d choose IGT because I like the feel and touch of IGT games better. I received some pushback for that comment. Some players said going for higher EV is ALWAYS the correct play, while some more thoughtful posters said, “Why don’t you explain, Bob, when you’re willing to give up EV for other things?” Today’s post is intended to partially address that.

The most important starting point for many players should be bankroll. Compare 9/6 Jacks or Better (99.54% and a variance of 19.5) with 9/7 Triple Double Bonus (99.58% and a variance of 98.3). Last time I played at Harrah’s Lake Tahoe (pre-pandemic), both games were available on the same 25 cent Hundred Play machine. (Possibly they were only Fifty Play. It was a while ago). The EV is pretty close to the same, but the swings are much higher on the TDB game. Dealt quads on the JoB game earn you $3,125. Dealt quads on TDB range between $6,250 and $100,000. There were promotions in effect that made these games playable to me

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