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Originally posted by: arcimedes
No, it varies depending on the exact situation. The higher the edge the shorter the time period. The less the variance of the game (fewer number of high paying, low probability hands) the shorter the time period.
Also, the time period is really a function of number of hands, not actual time. That's why I prefer to use the term "over time" since there is no exact way to describe it.
Over on vpfree they have a page that discuss a function called N0. It gives a little more preciseness to the terminology by describing some specific cases.
https://members.cox.net/vpfree/Bank_NO.htm
Note the FPDW example is about a 1% edge.The game is medium variance and the number of hands is about 260K to have about an 80% (one standard deviation on the low side) chance of coming out a winner.
Originally posted by: arcimedes
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Originally posted by: chefantwon
Arci, I understand the "overtime" as for your winning at VP. However, can you whittle down that "overtime" to a specific period of time? Like in days, weeks, months, or years.
Thanks
No, it varies depending on the exact situation. The higher the edge the shorter the time period. The less the variance of the game (fewer number of high paying, low probability hands) the shorter the time period.
Also, the time period is really a function of number of hands, not actual time. That's why I prefer to use the term "over time" since there is no exact way to describe it.
Over on vpfree they have a page that discuss a function called N0. It gives a little more preciseness to the terminology by describing some specific cases.
https://members.cox.net/vpfree/Bank_NO.htm
Note the FPDW example is about a 1% edge.The game is medium variance and the number of hands is about 260K to have about an 80% (one standard deviation on the low side) chance of coming out a winner.
By playing 260k hands of FPDW I should be a winning. Does this take into account the number of machines one ends up playing to get to the number of hands as I don't think this can be done at one sitting?