How to view one's dealt hand

The lighter side... playing for entertainment, less concerned about "the math."
billryan
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Re: How to view one's dealt hand

Post by billryan »

So am I correct in saying that while playing 8/5 non-progressive JOB I an going to lose, on average, $25/hour playing the $.25 machine at max. coins,@ 200 HPH, until I hit a Royal? At least that what I was reading, but it makes no sense when one considers a Royal about every 40,000 hands or so. From my Rookie calculations we would need to lose continuously for at least 3 or 4 months before we even come close to breaking even. That can't be right since the VP machines are always crowded.

Where did you get the idea you would average a loss of $25 an hour ?

markinca
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Post by markinca »

So am I correct in saying that while playing 8/5 non-progressive JOB I an going to lose, on average, $25/hour playing the $.25 machine at max. coins,@ 200 HPH, until I hit a Royal? At least that what I was reading, but it makes no sense when one considers a Royal about every 40,000 hands or so. From my Rookie calculations we would need to lose continuously for at least 3 or 4 months before we even come close to breaking even. That can't be right since the VP machines are always crowded.

Theoretical gain/loss per hour = ($/pull) * (player edge or house edge) * (hands per hour).

So if you're playing single-line 8/5 JoB at 25c at 200 hph, it would be:

$1.25 * 0.027 * 200 = approximately $6.75/hr. loss.

DaBurglar
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Post by DaBurglar »

I accepted the 25 bucks an hour figure based on a realistic number of hands per hour of 650 to 1000, give or take, that an average player probably cycles thru ...brand new players play less, experienced players can go much faster....



That's apples and oranges. Lottery is an occasional $4-$8 expense. VP is $150 per trip. I'd rather be the lottery aficionado.

Pffft....I know lots of people who spend 25-30 bucks or more several times each week on lottery pipe dreams!!! But suppose it's "only" 10-15 bucks, once a week....that's still 500-700 bucks or so in a year. I can think of many useful, productive ways to use that amount of money instead of literally throwing it away...

FAA
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Post by FAA »

Agreed. I'm a $40 per annum donor at most.

billryan
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Post by billryan »

So am I correct in saying that while playing 8/5 non-progressive JOB I an going to lose, on average, $25/hour playing the $.25 machine at max. coins,@ 200 HPH, until I hit a Royal? At least that what I was reading, but it makes no sense when one considers a Royal about every 40,000 hands or so. From my Rookie calculations we would need to lose continuously for at least 3 or 4 months before we even come close to breaking even. That can't be right since the VP machines are always crowded.


You could hit it the very first hand and then playfor months on the right side of the bell.

Alliewallie
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Post by Alliewallie »

Wow. Great responses from all. My wife and I are Rookies and play, maybe, 250-300 HPH and it seems we spend about 3 hours each playing 8/5 JOB and so far we have lost almost exactly $25/hr of play each. I can play the trainer at about a 1% error rate as can she.

Our goal, because we like the ambiance and escape of our local casino ( Immokalee Seminole), was to play 8/5 JOB and take advantage of the numerous give aways, promos, Free Play, Food Allowances, BounceBack, and Comps to have fun and not lose too much.

However, every time we seem to have lost about $125/3 hour session and I don't really think I am making outrageous mistakes. Or so I think. We play $.25 max coins.

Now there are a few 9/6 JOB machines but they start at $1 and therefore $5/hand. Hmmmm.

The comp. dollars for VP are way way less than for our usual game of choice which is Diamond Lotto. So all the notions of "free stuff" ( yeah right) will not materialize if we stay with VP.

As an aside, just today, a lady playing two coins sat down next to me and hit a RF on her second or third spin. She was happy enough but about all she could buy was a happy meal ( well several).

Alliewallie
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Post by Alliewallie »

So in theory, with an adequate bankroll and some intestinal fortitude we could play 9/6 JOB at $5/hand and have a theoretical loss assuming 'perfect play' and relatively slow play of $5 x .005 x 200 = $5/hour gain/loss?? And earn a bunch more comps doing so? I think the house edge is only around .5% with a 9/6 JOB. Or maybe the comps are even less on the 9/6 compared to 8/5? Hmmm.

Alliewallie
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Post by Alliewallie »

The food at this casino is really pretty good so we covet our comps.

markinca
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Post by markinca »

So in theory, with an adequate bankroll and some intestinal fortitude we could play 9/6 JOB at $5/hand and have a theoretical loss assuming 'perfect play' and relatively slow play of $5 x .005 x 200 = $5/hour gain/loss?? And earn a bunch more comps doing so? I think the house edge is only around .5% with a 9/6 JOB. Or maybe the comps are even less on the 9/6 compared to 8/5? Hmmm.

I would imagine comps are mostly just based on your total theoretical loss. So playing fast, playing slow, playing big, playing small, it probably doesn't matter much compared to just how much theoretical loss you're piling up. I would guess that losing $6.75/hr theoretical on 25c 8/5 JoB would get you (slightly) better comps than losing $5/hr on $1 9/6 JoB. I could be wrong though.

billryan
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Post by billryan »

So in theory, with an adequate bankroll and some intestinal fortitude we could play 9/6 JOB at $5/hand and have a theoretical loss assuming 'perfect play' and relatively slow play of $5 x .005 x 200 = $5/hour gain/loss?? And earn a bunch more comps doing so? I think the house edge is only around .5% with a 9/6 JOB. Or maybe the comps are even less on the 9/6 compared to 8/5? Hmmm.

No.
Not in theory. Not in practice.

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