Herbie Posted January 13, 2018 Author Report Share Posted January 13, 2018 why does it matter what kind of roll you need? either it's worth playing or it isn't, unless you're going to play it until the royal hits then who cares how much the roll is. and i would argue that if you're going to sit there for 4 hours with a 90% chance of losing money then it isn't worth it then again i'd rather pull my own toenails out then sit at a video poker machine for 4 hours, others feel differently I was going to play it till the royal hit and knew I was over bankrolled for it but just threw it in a calculator when I generating the strategy out of curiosity because I had never seen a playable game with that high of variance. I use a 10% risk of ruin as a cutoff because, while you can apply Kelly to video poker, usually you are going to find a handful of playable machines at a given location so you are stuck either playing what is available or not playing at all and you will never be able to play $7.82 a spin just because that is what kelly says is the optimal bet size. Many video poker players would consider a 10% ROR too high but, for 98% of what I do, the risk of ruin is near zero so can go to sleep at night with occasional swings at that level. You are going to lose the vast majority of time you play video poker so yea if you can't tolerate investing 4 hours when you going to lose 90% of the time than you are best looking for another form of gambling. same Once I have a strategy down I actually find video poker (even the multi-line that Fishhead is found of) pretty boring but we got to do something right? My "interest" in a form of gambling is peaked based on my hourly and that amount is below $100 a hour so... If you have an advantage sports betting in reality all you are doing is flipping coins with whatever you consider a significant enough edge to make a bet. I'll turn a game on when I doing other stuff as background noise but watching a roulette wheel spin for two hours (even with an edge) grew as dull to me as pressing buttons on a machine many years ago too. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 13, 2018 Report Share Posted January 13, 2018 I was going to play it till the royal hit and knew I was over bankrolled for it but just threw it in a calculator when I generating the strategy out of curiosity because I had never seen a playable game with that high of variance. I use a 10% risk of ruin as a cutoff because, while you can apply Kelly to video poker, usually you are going to find a handful of playable machines at a given location so you are stuck either playing what is available or not playing at all and you will never be able to play $7.82 a spin just because that is what kelly says is the optimal bet size. Many video poker players would consider a 10% ROR too high but, for 98% of what I do, the risk of ruin is near zero so can go to sleep at night with occasional swings at that level. You are going to lose the vast majority of time you play video poker so yea if you can't tolerate investing 4 hours when you going to lose 90% of the time than you are best looking for another form of gambling. Once I have a strategy down I actually find video poker (even the multi-line that Fishhead is found of) pretty boring but we got to do something right? My "interest" in a form of gambling is peaked based on my hourly and that amount is below $100 a hour so... If you have an advantage sports betting in reality all you are doing is flipping coins with whatever you consider a significant enough edge to make a bet. I'll turn a game on when I doing other stuff as background noise but watching a roulette wheel spin for two hours (even with an edge) grew as dull to me as pressing buttons on a machine many years ago too. great post yeah it's all what you can find fun/interesting... i can understand the scavenger hunt aspect of finding a high progressive to be fun, but the actual execution of playing it wouldn't interest me i'd rather watch stocks/cryptos, i still hunt for decent bets but i doubt i'll do that for much longer Quote Link to comment Share on other sites More sharing options...
Sam Odom Posted January 13, 2018 Report Share Posted January 13, 2018 Here at Silverton with RMI and BFK and Eddie Green Eddie may be the Sharpest of the 4 Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 13, 2018 Report Share Posted January 13, 2018 great post yeah it's all what you can find fun/interesting... i can understand the scavenger hunt aspect of finding a high progressive to be fun, but the actual execution of playing it wouldn't interest me i'd rather watch stocks/cryptos, i still hunt for decent bets but i doubt i'll do that for much longerDOWN lifetime on VP progressives, and considering my overall involvement in the business, have not played many, and still lost thousands on individual PROGRESSIVE VP plays. Never liked or ACTIVELY pursued them as a few others do almost on a weekly basis. About the only true progressives play these days is the quarter and dollar progressives at SouthPoint when there for other reasons and see they are a play to my liking. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 13, 2018 Report Share Posted January 13, 2018 DOWN lifetime on VP progressives, and considering my overall involvement in the business, have not played many, and still lost thousands on individual PROGRESSIVE VP plays. Never liked or ACTIVELY pursued them as a few others do almost on a weekly basis. About the only true progressives play these days is the quarter and dollar progressives at SouthPoint when there for other reasons and see they are a play to my liking. i thought you had a cocktail waitress or 2 on the payroll at fishhead wager, inc. that would alert you to when the progressives were up there Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 13, 2018 Report Share Posted January 13, 2018 i thought you had a cocktail waitress or 2 on the payroll at fishhead wager, inc. that would alert you to when the progressives were up thereYes, did for quite awhile. Between the two of them, they produced fewer than 20 ALERTS, and lost on all but one of them. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 13, 2018 Report Share Posted January 13, 2018 Yes, did for quite awhile. Between the two of them, they produced fewer than 20 ALERTS, and lost on all but one of them. those bitches were probably getting paid by south point to lure you in on rigged machines! Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 13, 2018 Report Share Posted January 13, 2018 those bitches were probably getting paid by south point to lure you in on rigged machines!LOL The machines were at ARIZONA CHARLIES EAST and HARRAHS .......$1 and $5 progressives. The same two cocktail waitresses that worked harrahs in the late 80's are still both there to this day!!!!! Quote Link to comment Share on other sites More sharing options...
Sam Odom Posted January 13, 2018 Report Share Posted January 13, 2018 Fish , did you get any side action (wink) Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 13, 2018 Report Share Posted January 13, 2018 Fish , did you get any side action (wink)Dated one for 6 months............the other was my neighbor for 2 years. Quote Link to comment Share on other sites More sharing options...
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