less risk

Discuss proper hold strategies and "advantage play" and ask questions about how to improve your play.
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wildman49
Video Poker Master
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Joined: Fri Oct 05, 2012 10:45 am

less risk

Post by wildman49 »

Is there less risk in playing say 100 play 9/6 JOB @ .05 ($25) a pull vs 20 play .25 ($25) or 5 play @ $1 ($25) a pull?


billryan
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Post by billryan »

Less variance. Not sure what you mean by risk.

JoB Hero
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Post by JoB Hero »

http://www.casinocenter.com/the-tough-t ... deo-poker/

This is an article about the variance of multi play machines. I’m not sure if you mean lower house edge or risking bankroll faster

wildman49
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Post by wildman49 »



http://www.casinocenter.com/the-tough-t ... deo-poker/

This is an article about the variance of multi play machines. I’m not sure if you mean lower house edge or risking bankroll fasteryes lower risk to bankroll, playing a one day promo later this month and looking to lower bankroll risk and gain as many entrees as I can in the first  4 hours of play.Thanks for the link ........ variance for single-play Jacks or Better is 19.5. A 3-play Jacks or
Better game has a variance of 23.4—a 20 percent increase. In the 5-play
version of Jacks or Better, the variance now becomes 27.3—40 percent
greater than single-play. 50-play Jacks or Better has a variance of
115.8, and the 100-play version has a variance of 214. That’s 997
percent greater than the single-play version of the game! We’re talking
about a huge variance for a game that initially has a relatively low
variance.As I see then single hand at a higher denomination might be my better play

New2vp
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Post by New2vp »


Wildman, I didn't read the article, but your paragraph appears to be addressing a comparison like the following:500 dealt hands on $1 single line has lower variance than 100 dealt hands of $1 five-play.  I agree with you that this is true.Your original post asked which method produced lower variance holding the "dollars per pull" constant.  The next statement is true as well:  100 dealt hands on $1 five-play have lower variance than 100 dealt hands on $5 per coin single-line.All 3 of these choices have $2500 in.  Clearly the first one mentioned takes quite a bit longer to play the money through the machine.  The reason that both of these can be true is that there is a difference between variance (or standard deviation) per line, per coin bet, or per dollar bet.The paragraph in your last post is talking about "per line" where the denomination is the same but the dollars bet on the two options are different per dealt hand.  The 2nd statement that I brought up compares two choices where the dollars bet per dealt hand are constant but the denominations differ between the two options If you have the time, choose the lowest denomination and play the most hands that you can on single line.  If you have limited time (and often time is valuable), multiline at a lowest denomination is the next best choice.Of course, all these statements are under the assumption that we are talking about the same base game and pay schedule.



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