100% payback

Discuss proper hold strategies and "advantage play" and ask questions about how to improve your play.
Vman96
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Re: 100% payback

Post by Vman96 »

People might make a mistake (imperfect hold) 5% of the time (I don't really know) but the EV cost on most of those mistakes is probably very low on close holds. Probably the EV cost is closer to the 1% than 5%. I don't know how anyone can guess on this based on watching people and I'm guessing Bob D has some actual data he is basing it on. Those little mistakes add up. Big mistakes add up more, but are probably less common.

Yeah, you have to play VERY BAD for the error costs to be over 5%. I think even those brand new to the game are rarely that bad. When I glance at my neighbors on occasion, I'm guessing error costs are around 1%. Most people just make minor mistakes.

BobDancer
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Post by BobDancer »


Sometimes, 8/5 DDB is the best paytable the house offers so you're stuck either playing the poor paytable game or risk it on a higher denom. It's unfortunate but that's the way the houses operate anymore. Not everywhere has paytables like LV. Now you're sounding like FP. I've travelled in many states and have NEVER seen a game this tight be the best in the house at any successful casino.At some casinos, however, that might be the best game for nickels. Inexperienced players tend to play for the lowest stakes possible --- and they don't know it's a bad game. All they know is the casino always wins.Those who can search out better games know that this is not true.

EDC1977
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Post by EDC1977 »

Actually, the local place here has games up to .25 denom at 7/5 DDB. Upping to $1 denom bumps it to 8/5. There are some machines in the high limit room but I've never ventured as my playing bankroll is very limited. Maybe sounds like FP but I'd just as soon get the most bang for my buck while enjoying it as opposed to making it my source of income. Again, my interests are purely recreational.

royal flush
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Post by royal flush »

the best solution for casinos with only bad games is to play on this site keep score and have fun and after a year looking at the losses one avoids take a nice vacation

tech58
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Post by tech58 »

Actually, the local place here has games up to .25 denom at 7/5 DDB. Upping to $1 denom bumps it to 8/5. There are some machines in the high limit room but I've never ventured as my playing bankroll is very limited. Maybe sounds like FP but I'd just as soon get the most bang for my buck while enjoying it as opposed to making it my source of income. Again, my interests are purely recreational. FP[caps used where appropriate] has the class to ignore the egotist bd.Try that.

EDC1977
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Post by EDC1977 »

? I wasn't taking potshots at Phil. WTF is that about? Ego? really? Phil likes to enjoy the game even though he doesn't have positive paytables either. Dancer isn't the person you think he is although you'd beg to differ. He's in it to make a living, not play and break even.

tech58
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Post by tech58 »

? I wasn't taking potshots at Phil. WTF is that about? Ego? really? Phil likes to enjoy the game even though he doesn't have positive paytables either. Dancer isn't the person you think he is although you'd beg to differ. He's in it to make a living, not play and break even. Excuse my failure to communicate EDC. I in no way intended to disparage your post. I Simply was trying to express my opinion that some people add nothing to the recreational threads and that elitists/egotists should be ignored. I apologize for any offense taken.

nelsonammo
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Post by nelsonammo »

http://www.vpfree2.com/casino/aliante-casino-hotel

For a casino like this which has VP games with >100% payback, how does it work with comps? Aren't comps usually based on your expected loss? But if your expected loss is negative (i.e. an expected gain) then do they not give you comps? Or they assume non-perfect play and base the comps on the theoretical winrate minus the player error rate?

paco13
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Post by paco13 »

Someone else can chime in that knows for sure but I believe most casino's lower the comp credits earned per coin in on games with better pay tables/theoretical returns. Usually takes double the coin in to earn the same credits on the good games IIRC. On the upper East coast anyway.

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