how big a bankroll?
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rascal
- VP Veteran
- Posts: 674
- Joined: Tue Sep 12, 2006 12:25 am
Re: how big a bankroll?
Most people come into a casino with a fraction of the required bankroll. Then they can't understand what happened. To play decent VP and get a return, you need $12K to $15K in your bankroll. Not saying you will use it all in one session, but you need it available. Many pros and semi-pros have much, much larger bankrolls than that.
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tommie dee
- Forum Newbie
- Posts: 3
- Joined: Sat Mar 17, 2007 8:57 pm
what amount should you play in a machine before you decide that it won't pay back?? I have played a machine for up to a $1000 thinking that its due and if I leave this machine it will hit.
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shadowman
- Video Poker Master
- Posts: 3587
- Joined: Mon Oct 23, 2006 5:42 pm
what amount should you play in a machine before you decide that it won't pay back?? I have played a machine for up to a $1000 thinking that its due and if I leave this machine it will hit.
There are many opinions about this subject. Most of them are based on limited experience or hearsay. First of all you have to decide whether you accept the premise that VP machines are random and fair as required by law in most jurisdictions. If you accept this fact (and if not I question why anyone would play), the answer is easy.
Each hand is independent of all others. Your odds of hitting any particular result are the same whether you've lost $1000 or just won $1000. So, staying or leaving a machine should be based on what you want to do. In the long run it won't matter. Sometimes you would do better by leaving and other times you would do better by staying. Unfortunately, you can't know ahead of time which is best.
A fair coin flip is also a good way to think about it (another random event). Do you think that switching to another coin will improve the odds of hitting heads or tails? Of course not. The odds are always 50-50 for the NEXT toss.
There are many opinions about this subject. Most of them are based on limited experience or hearsay. First of all you have to decide whether you accept the premise that VP machines are random and fair as required by law in most jurisdictions. If you accept this fact (and if not I question why anyone would play), the answer is easy.
Each hand is independent of all others. Your odds of hitting any particular result are the same whether you've lost $1000 or just won $1000. So, staying or leaving a machine should be based on what you want to do. In the long run it won't matter. Sometimes you would do better by leaving and other times you would do better by staying. Unfortunately, you can't know ahead of time which is best.
A fair coin flip is also a good way to think about it (another random event). Do you think that switching to another coin will improve the odds of hitting heads or tails? Of course not. The odds are always 50-50 for the NEXT toss.
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babybubba
- Senior Member
- Posts: 291
- Joined: Fri Apr 20, 2007 9:18 pm
Attempting to fit a RoR-defined bankroll into the reality of going to a casino to play a session is a colossal waste of time and means nothing for the short-term bursts we all play in. That's why I came up with a realistic bankroll requirement when developing my play strategies: Single-Play Strategy, have 3X 400 credits of each denomination you intend to play. Romp-Thru-Town (RTT) & Advanced RTT, have 3X 400 credits of the highest denomination you intend to play.
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