To me, Bob Dancer's posts disagree with the idea that the house "theo" is based solely on the long term game return.
Yes, the house theo is whatever the house assigns it to be. APs such as Bob seek out big mismatches between assigned and actual.
He indicates, for example, that some casinos have different "theos" for different denominations.
I may have misinterpreted, but I thought he was suggesting they assign better theo to single line than multi. I believe he was specifically referring to Caesars.
I may have misinterpreted, but I thought he was suggesting they assign better theo to single line than multi. I believe he was specifically referring to Caesars.
He stated that usually the theoretical on a $5 game is higher than a $1 five play game. I guess you can interpret it either way - is it the denomination, or the multilines, that makes the difference?
Yes, and I'm sure you can find it one way at one place, and the other way at another place.
Marketing algorithms can be complex. I recall reading about one casino group that would send big teaser offers to new players after one significant session at high-limit denoms. I think they were playing something like 98.5 to 99% vp.
An established player at those games wouldn't receive anything extraordinary, but newbies got special treatment. You can imagine how something like this could be exploited.
True, and Bob has stated on the GWAE show that often a higher theo is assigned to carnival games like Ultimate X which are more challenging to play properly (over the mathematical house edge based on perfect play), whereas people who choose Jacks or Better are calculated to play exactly the house edge since JOB has an easier strategy and less likely to bust out.
As for multi line vs single line, single line at $25 a spin is much more volatile than the same amount in five or ten play. But it is all casino dependent. The one I mention seems to comp all VP similarly, from 8/5 DDB STP to NSUD. The one a few exits down clearly varies comps based on game selection, so the 8/5 DDB STP player will get lots more back end comps than me playing 9/6 BPD and NSUD.
Is it a $5 machine like one would say a machine is a Quarter or Penny slot, or is it just when you’re at the 5 coin max betting $5 per hand?
It was a shock to my ego after I just sat down at my first VP machine, in a live casino, and lost my money in under 5 minutes. I have found a major difference in live casino vs online gambling. I’m a bigger fan of online casinos.
What got me was the “credits” and the coins and not really knowing what was what and how much it was really worth.
What’s a good way of thinking about the coins and credits when I want to be clear on how much I’m betting per hand at max coins? Also, what do you mean about $200,000 coin in? Is $200g your bankroll or is it the long term way of viewing your account?
If I take $100-$300 and play $5, max coin, single hand, on a regular Deuce machine, am I being stupid? Is there a good way to think about bankroll and what to wager?
One more thing, do you increase your wager the more you win or does it stay the same throughout your session?
It would help to know your basic math. With quarters whatever your credits are just divide by four that’s how much money you’ve got you can also touch the button or glass and change it from credits to dollars with a five dollar machine you can divide by five to see how much money you’ve got in there again just touch the glass to change it. Coin inthe total amount of money bet in a given session for example not how much you won or lost. Any machine is beatable in the short run. in the long run. It’s another story. You need to know your pay tables and casino promotions. Everybody has a different betting strategy Pretty much nothing will work long-term unless you have an expected value of over 100% and even then it can vary greatly for a long time.
One final thing and I do wish you luck. I know my math, pay tables, and which games to avoid. I have been playing Video Poker regularly from one to Five days a week for 30 years and have never had a winning year. That’s how hard it is to win at this game. It’s not impossible, just extremely difficult.
If I take $100-$300 and play $5, max coin, single hand, on a regular Deuce machine, am I being stupid?
AceTenBriggs
I assume you mean you are intending to play $1 single line VP, max bet (i.e. 5 credits at a time). That being the case, a session bankroll of $100-$300 would be, in my opinion, woefully inadequate. Unless, that is, you don't mind quitting after only 15 or 20 minutes.
I don't play single line dollars hardly ever, but I do think I would bankroll myself with $1200-$1500 for a session of it.
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