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.
"Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." .......... Mark Twain
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
"Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." .......... Mark Twain

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