Free play on video poker

March 22nd, 2012 at 1:41:52 PM permalink
AlanMendelson
Member since: Oct 5, 2011
Threads: 76
Posts: 2436
Here's the situation:

If you are given an amount of free play, and your objective is to cash out as much money as possible after playing the free play through once, which of the three games would you choose:

Game A: 7/5 Bonus Poker at the $2 denomination

Game B: 8/5 Bonus Poker at the $5 denomination

Game C: 7/5 Bonus Poker at the $1 denomination

8/5 Bonus is not available below the $5 denominaton.

I don't know if the dollar-value of the fee play matters, but for discussion purposes let's say the value of the free play is $2,000.

So, which of the three games would you "play through" the $2,000 to get the best chance at bringing home cash? I am limiting the choices to Bonus for no particular reason except that it has lower volatility that Double Double Bonus, but has higher volatility than Jacks.

My inital plan would be to play the 8/5 Bonus game beause of the higher payback, and accepting that I would have fewer hands to play. The goal is to only play through the money once. If the goal were to play longer, then I would play $1 or even quarters to extend the "life of the play" but that is not the goal here.

On the other hand I would not play 8/5 Bonus at the $10 or higher levels because of the short number of plays.
March 22nd, 2012 at 1:53:15 PM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 144
Posts: 8265
Personally, because I'm not a big fan of playing machines, I'd play the one where it would take the fewest number of plays. Of those choices, the 8/5 $5 machine.


I often do something similar.

When taking the casino bus, you generally get $25 in free slot play.

I usually look for the 50-play or 100-play machine, and play it for a nickel. I.E. $2.50 or $5.00 per hand. A quick 5 or 10 hands later, cash out.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
March 22nd, 2012 at 2:33:24 PM permalink
teddys
Member since: Nov 14, 2009
Threads: 143
Posts: 4499
With $2,000 in FP, $5 BP would give you 80 spins, more than enough to get close to the expected value of the $2,000 FP, which is $1,983.40. If you hit a royal, you would get $20,000. Quad Aces would pay $2,000. So, yeah, good chance to hit big and you'll probably get at least 70-90% of the expected value anyway.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." ― Rig Veda 10.34.7
March 22nd, 2012 at 2:44:39 PM permalink
AlanMendelson
Member since: Oct 5, 2011
Threads: 76
Posts: 2436
Quote: teddys
With $2,000 in FP, $5 BP would give you 80 spins, more than enough to get close to the expected value of the $2,000 FP, which is $1,983.40.


Interesting figure. How many hands would you need to play to get the expected value??

How many more than 80??
April 29th, 2012 at 7:42:48 PM permalink
QuadDeuces
Member since: Feb 17, 2012
Threads: 25
Posts: 370
You get expected value every single hand.