Hozdaddy
Hozdaddy
Joined: Dec 26, 2017
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December 26th, 2017 at 8:11:24 PM permalink
No, don't include the $25 admission fee, that's why I put sessions in quotes
Last edited by: Hozdaddy on Dec 26, 2017
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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December 26th, 2017 at 9:40:00 PM permalink
Quote: Hozdaddy

Do you think an individual player would win more "sessions" at the tables in the long run?



Depends how a "session" is defined.
It's not whether you win or lose; it's whether or not you had a good bet.
Hozdaddy
Hozdaddy
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December 26th, 2017 at 9:45:15 PM permalink
I define a session as hitting a win goal or a stop loss. Some describe it as falling out of their chair because they are too drunk to play. Feel free to choose your definition.
odiousgambit
odiousgambit
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December 27th, 2017 at 3:38:15 AM permalink
My expected loss at a $10 table is $7 an hour for my typical play, so to pay $25 and come out ahead would mean I'd want a session to be about 5 hours, too long to consider for me. And they'd no doubt make it 25 an hour anyway.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
Hozdaddy
Hozdaddy
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December 28th, 2017 at 1:50:04 PM permalink
What do you realistically lose during an hour of typical play?
odiousgambit
odiousgambit
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December 28th, 2017 at 4:58:59 PM permalink
Quote: Hozdaddy

What do you realistically lose during an hour of typical play?



I tend to win or lose in wild swings, so does the expected value prove 'typical' ? Well, you might say 'on average' it has proved about right. I figure I 'lose' more money tipping than anything.

for sessions I sometimes win or lose as much as $1000 at which point I tend to color up whether I have more energy to keep going or not
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder

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