HLgrinder
HLgrinder
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August 7th, 2015 at 10:45:41 PM permalink
Can someone help me determine my "theo: on a Video Poker session?

Scenario: I play 100 hands of $5 coin ($25max) DBL Bonus VP 9/6/5. How to calculate my theoretical loss on this session/game assuming I'm playing perfect?

Would it be 100 x $25 x (1-97.81%) = $54.75
AxelWolf
AxelWolf
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August 8th, 2015 at 4:22:17 AM permalink
Quote: HLgrinder

Can someone help me determine my "theo: on a Video Poker session?

Scenario: I play 100 hands of $5 coin ($25max) DBL Bonus VP 9/6/5. How to calculate my theoretical loss on this session/game assuming I'm playing perfect?

Would it be 100 x $25 x (1-97.81%) = $54.75

Usually wherever someone is talking about theo they are talking about it from the casinos point of view. Usually it's in regards to comps.

Expected loss is probably a better term for it. And yes, you're doing it right.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
GWAE
GWAE
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August 8th, 2015 at 12:14:55 PM permalink
The question really becomes. Is the casino using the actual return rate of that machine to calculate theo or do they have a set amount for all vp/slots.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
AxelWolf
AxelWolf
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August 9th, 2015 at 1:55:01 AM permalink
Quote: GWAE

The question really becomes. Is the casino using the actual return rate of that machine to calculate theo or do they have a set amount for all vp/slots.

I have seen it both ways.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
HLgrinder
HLgrinder
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August 9th, 2015 at 12:02:20 PM permalink
What is the typical percentage applied to VP players on the strip? I know Ive been comped between 30-50% of theo in the past.
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