His point is mainly in this sentence "hold less expected value cards for a higher chance of the big hit", my understanding is he intended to say the return rate of holding only royal cards while other hands get paid as well. Otherwise the statement is completely meaningless.
You will, inevitably, hit some lower paying hands as well, but hardly enough of them to cover that $28,000 shortfall.
I wasn't thinking very clearly when I said that, since the lower paying hands would be zero. So, just under $29000 coinin gets you a total of $1000 back. That is a return of around 3% of your total coinin, but it's not a profit of 3%, it's a 97% loss.
Join the not thinking very clearly sometimes club. The only consolation is we have already forgotten what most will ever learn and still retain more than what most will ever learn. Guess I am referring to the huge segment of society that couldn't tell you who the vp is, but they know who is dating who or who dumped who in Hollywood.
I was curious to see what is the royal flush cycle for jacks and better if the only pay table win was a royal flush? That is you only won on the royal flush and nothing else (no point in holding anything other than 10, J, K, Q, A suited. I am asking because sometimes people hold less expected value cards for a higher chance of the big hit, and if you go to the extreme with a royal flush only pays paytable, how much more often will it show up?
For sure! And, the royal cycle answer is straightforward. But, in the second post, there was the comment about the 3% payback, and I possibly misinterpreted it to mean "how could it be that good?', when it didn't mean to suggest that at all.