Comments on: More on Bankroll Considerations

By: Kevin Lewis

Kevin Lewis — Mon, 19 Aug 2013 04:20:21 +0000

I wish! I think the $2 million should be distributed among all the Kevin Lewises in the country, because, after all, the outcome clearly indicated that simply having that name made you a winner. I’m waiting for a check for my share.

By: Bob Skolnik

Bob Skolnik — Sun, 18 Aug 2013 00:39:00 +0000

Jean — bad news. Hammond has gotten rid of all of their good video poker. 99.96% Deuces, Super Aces — all gone. Best game now is 9/6 Jacks for dollars at $25 per point.

And Kevin Lewis, did you happen to be in Cincinnati last week? http://www.wxyz.com/dpp/news/local_news/water_cooler/Grab_WXYZ_kevin-lewis-wins–1-million-twice-at-horseshoe-casino-cincinnati1376319219138

By: jg thompson

jg thompson — Thu, 15 Aug 2013 22:05:03 +0000

Another thing to consider is some players knowingly play under100% games for the comps.
I don’t live in Las Vegas, so I need a hotel room. I also need to eat. I consider free rooms,food,drinks and entertainment to be part of my return.
I know that I’m not an advantage player using these conditions, but these are items I would have to pay for if I didn’t play.
At the Hard Rock Hotel in LV, I’m will to lose money to get a free room, free meal at Mr. Lucky’s, free cocktails and water and free Motley Crue tickets.
My expected loss will always be less than if I had to pay for all these items at full price.

By: Kevin Lewis

Kevin Lewis — Thu, 15 Aug 2013 04:24:34 +0000

I would as well say that a game doesn’t have to be inherently 100% return to be an advantage play. The LOL playing 6/5 JOB one nickel at a time and getting a free drink every thirty minutes or so is definitely an advantage player. The player who pounds away at 9/6 DDB (<99%) but gets mailers that more than make up for his losses is an AP. By contrast, if you count on mailers, comps, perks, etc. to push you over the 100% threshold BUT THE REAL VALUE TO YOU IS LESS THAN THOSE GOODIES' FACE VALUE, you probably AREN'T an AP even though you may convince yourself that you are. For instance: you put 200,000 coin-in through a 9/6 JOB machine–assume you play perfectly–and the result is that you earn a free cruise to Calypso Crab Island. The retail price of the cruise is $2000. Your expected loss from your play is $960. You're beating the game! But would you have actually paid $2000 for the cruise? Would you have paid $960? Would you have even gone on the cruise at all if it wasn't "free"?
Another example of a pseudo-AP would be someone who plays an inherently +EV game but doesn't bother to learn the strategy perfectly (AND learn to use it flawlessly under casino conditions). Two mistakes an hour will turn FPDW into a negative EV game; one mistake will do it for FPDB. You also have to "believe in" the strategy, as in, trust its accuracy. For instance, if you are dealt AKQ3h 8s in DB, you keep the four to a flush–but if it "feels" wrong to you and you draw two to the royal instead, you're throwing away money. If your "feel" overrides what you KNOW is the right play, you CAN'T be an AP.

By: ken orgera

ken orgera — Thu, 15 Aug 2013 00:52:14 +0000

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