How big should a progressive be?

[BillyJoe]

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[BillyJoe]

[QUOTE=New2vp
for the 8/5 DDB example that you gave, the figures are $2378.75 for 100% (9515 coins), $2774.75 for 101% (11,099 coins), and $3169.25 for 102% (12,677 coins).
 
Thanks to everyone that responded. I am actually kinda surprised that, in New2vp's example, it didn't take an even higher RF than $2400 to drag that 8/5 DDB above 100%.  

[BillyJoe]

I'll have a lot to say on this, of course, but let me get some coffee in me first. BTW I just spent the last 3 days of my life playing several 9/6 DDB progressives. I hate them. But I'll be happy to comment. ~FK

Frank, over Super Bowl weekend ??   I don't like your job.

[Frank Kneeland]

Thanks to everyone that responded. I am actually kinda surprised that, in New2vp's example, it didn't take an even higher RF than $2400 to drag that 8/5 DDB above 100%.   The swings on DDB are brutally stunning. You'd be better off with a different game. My group just played a $ 9/6 DDB at over $11,000, hit it and broke even, due to too few Aces with a Kicker. I've never played a game where the expected return was so much of a guideline rather than a rule.Some of the other people playing it walked away ahead without hitting the RF. Even with an edge you're still flipping a coin every-time you sit down and to me that's too much like gambling.Of course things average out over time, but as an individual you should take into account the variance of the game. Even though your edge is identical, it will take you 10x longer to play the same number of hands as a team of 10 people. And with less hands variance is a consideration.Do not confuse variance with expectancy. Expectancy is irrespective of hands played. Variance is MOST DEFIANTLY NOT irrespective and you should respect it!!!To me DDB is atrocious...P.S. I guess I should state that we've played the same bank before and done just fine. This three day disaster is simply fresh in my mind and I thought cautioning you was best.

[BillyJoe]

[QUOTE=billyjoe]Thanks to everyone that responded. I am actually kinda surprised that, in New2vp's example, it didn't take an even higher RF than $2400 to drag that 8/5 DDB above 100%.  

The swings on DDB are brutally stunning. You'd be better off with a different game. My group just played a $ 9/6 DDB at over $11,000, hit it and broke even, due to too few Aces with a Kicker. I've never played a game where the expected return was so much of a guideline rather than a rule.

Some of the other people playing it walked away ahead without hitting the RF. Even with an edge you're still flipping a coin every-time you sit down and to me that's too much like gambling.

Of course things average out over time, but as an individual you should take into account the variance of the game. Even though your edge is identical, it will take you 10x longer to play the same number of hands as a team of 10 people. And with less hands variance is a consideration.

Do not confuse variance with expectancy. Expectancy is irrespective of hands played. Variance is MOST DEFIANTLY NOT irrespective and you should respect it!!!

To me DDB is atrocious...

P.S. I guess I should state that we've played the same bank before and done just fine. This three day disaster is simply fresh in my mind and I thought cautioning you was best.
[/QUOTE]
Thanks, Frank. Caution noted as it relates to variance. I, personally, do not play DDB, but I do play (please don't freak) TDB a lot. Hey, if you are gonna stick your nose in high variance waters, you may as well go all the way..

[Frank Kneeland]

Thanks, Frank. Caution noted as it relates to variance. I, personally, do not play DDB, but I do play (please don't freak) TDB a lot. Hey, if you are gonna stick your nose in high variance waters, you may as well go all the way.. It's too late I have freaked. I believe in some casino that entitles you to a free prescription for lithium and klonopin.TTFN and be well.Ironically I have to go play a high DDB. No kidding. Thank goodness it's only an Aces with a Kicker Play. This time we don't have to hit an RF.~FK

[BillyJoe]

[QUOTE=billyjoe]
Thanks, Frank. Caution noted as it relates to variance. I, personally, do not play DDB, but I do play (please don't freak) TDB a lot. Hey, if you are gonna stick your nose in high variance waters, you may as well go all the way..

It's too late I have freaked. I believe in some casino that entitles you to a free prescription for lithium and klonopin.

TTFN and be well.

Ironically I have to go play a high DDB. No kidding. Thank goodness it's only an Aces with a Kicker Play. This time we don't have to hit an RF.

~FK
[/QUOTE]
Wait a minute, Frank. You just told us that your team just spend 3 days (over SuperBowl weekend, no less) playing a DDB progressive bank, and only broke even? And now, you are going back for more?
And remember, Frank, don't educate everyone too well. SOMEBODY has to play that DDB bank at the reset level to get those progressives started up there. Good luck.

[Frank Kneeland]

Great news the play was hit before I got there I'm taking the night off and going to see a movie.

[Frank Kneeland]

Wait a minute, Frank. You just told us that your team just spend 3 days (over SuperBowl weekend, no less) playing a DDB progressive bank, and only broke even? And now, you are going back for more?Yes that's correct we had what is termed, "a runner", that's when a jackpot takes a lot longer to hit than it should. And we broke about even... Runners are rare and this was a bad one. Overall I'm sure the group is tickled pink that it wasn't a huge loss.Of course it made no difference to me. I'm Salary remember...Off to movie...