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Posts tagged variance

Paying to Avoid Royal Flushes

May 9, 2017 Written by Bob Dancer

Assume you are a 5-coin dollar player playing 9/6 Jacks or Better and are dealt 3♠ A♥ K♥ T♥ 5♥.  The only two plays to consider are holding three hearts to the royal flush and holding all four hearts. If we check out EV, we find holding three hearts is worth $6.43 and holding four […]

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Does it Matter?

August 23, 2016 Written by Bob Dancer

You’re at your favorite casino. You’ve played a lot all month and are now there for the big drawing. Here’s the way it works: Ten winners get called — they have a minute and a half to show up and identify themselves. If one or more spots are unclaimed after 90 seconds, more names are […]

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Hiding in Plain Sight

July 22, 2016 Written by Nicholas Colon

Like any diligent student of Advantage Gaming I study a variety of games from many different sources. My classroom is the Gaming Research Center  located on the third floor of the UNLV Lied library, where over the last 15 years I easily have spent several thousands of hours in study. There resides the most complete […]

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Negative Variance, Juicy Count Games, and Ishni...

September 9, 2014 Written by James Grosjean

In a previous post, I criticized the loser’s mentality of counters. The belief that hardening oneself to pain is a necessary and advisable part of the AP career is counterproductive. Many counters spend ridiculous amounts of time and emotional energy trying to answer the question, “How unlucky was I?” Instead of calculating how many standard […]

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“Doctor, it hurts when I do THIS”

February 13, 2014 Written by James Grosjean

“Well don’t do that!” the good doctor quips. I have always found this joke entertaining, not so much for the wisecracking humor, but for the subtle wisdom therein. Note that the doctor’s advice is not “I’ll prescribe some medical marijuana for you,” or “You need to learn to live with the pain,” or “You need […]

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