100xOdds
100xOdds
Joined: Feb 5, 2012
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April 29th, 2022 at 10:29:05 AM permalink
https://wizardofodds.com/games/video-poker/appendix/3/

var of single line JoB = 20
var of 50 line JoB = 5793

i keep hearing in this forum that more lines = less variance.
Wiz says differently.

so for my $15k coin-in at $1 STP 7/5 BP, i should have opted for single line instead of playing triple line.

Besides time constraints, is there any reason to play more lines if you have a choice of single line at the same pay scale on the same machine?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
DRich
DRich
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Thanks for this post from:
LuckyPhow
April 29th, 2022 at 10:51:57 AM permalink
Quote: 100xOdds



Besides time constraints, is there any reason to play more lines if you have a choice of single line at the same pay scale on the same machine?



My understanding is that playing single line is better if you are trying to reduce variance.

Jazbo has some stuff from about 20 years ago about bankroll requirements and variance for N-play machines. http://www.jazbo.com/
Order from chaos
randomperson
randomperson
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April 29th, 2022 at 11:09:52 AM permalink
You have to do the analysis for a fixed amount of coin in. If you are playing 1 dollar demon single line, you should compare that to the variance of 2 cent denomination 50 play because it represents five dollars of coin in per play of the machine.
100xOdds
100xOdds
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April 29th, 2022 at 11:26:09 AM permalink
Quote: randomperson

You have to do the analysis for a fixed amount of coin in.
If you are playing 1 dollar demon single line, you should compare that to the variance of 2 cent denomination 50 play because it represents five dollars of coin in per play of the machine.
link to original post

ahh.. variance for same amount per spin.

for me, it's different.
single line is $6 per hand, triple line is $18.
so is this why people are saying multi-line is less variance??
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
rsactuary
rsactuary 
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April 29th, 2022 at 11:33:35 AM permalink
Quote: 100xOdds

Quote: randomperson

You have to do the analysis for a fixed amount of coin in.
If you are playing 1 dollar demon single line, you should compare that to the variance of 2 cent denomination 50 play because it represents five dollars of coin in per play of the machine.
link to original post

ahh.. variance for same amount per spin.

for me, it's different.
single line is $6 per hand, triple line is $18.
so is this why people are saying multi-line is less variance??
link to original post



My simple minded way of looking at things... the more hands you play, the faster to you get to long term averages. Therefore less variance.
Dieter
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Dieter
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April 29th, 2022 at 12:12:55 PM permalink
Quote: 100xOdds

Quote: randomperson

You have to do the analysis for a fixed amount of coin in.
If you are playing 1 dollar demon single line, you should compare that to the variance of 2 cent denomination 50 play because it represents five dollars of coin in per play of the machine.
link to original post

ahh.. variance for same amount per spin.

for me, it's different.
single line is $6 per hand, triple line is $18.
so is this why people are saying multi-line is less variance??
link to original post



STP adds variance too... right? If you wanted lower variance, you could play 5 coins/line.
May the cards fall in your favor.
100xOdds
100xOdds
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April 29th, 2022 at 12:45:02 PM permalink
Quote: Dieter

STP adds variance too... right? If you wanted lower variance, you could play 5 coins/line.
link to original post

yes it does.
But I'm compensated for that with +0.25% ev.

What I want to know is if betting single line or triple line is lower variance for $15k coin-in. ($6/hand vs $18/hand)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
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Dieter
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April 29th, 2022 at 12:48:33 PM permalink
Quote: 100xOdds

Quote: Dieter

STP adds variance too... right? If you wanted lower variance, you could play 5 coins/line.
link to original post

yes it does.
But I'm compensated for that with +0.25% ev.

What I want to know is if betting single line or triple line is lower variance for $15k coin-in. ($6/hand vs $18/hand)
link to original post



I don't think the.comparison is apples to apples unless the single line game costs the same as the 3 line game; so $3 x 6 vs $1 x 6 x 3.
May the cards fall in your favor.
Wizard
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Wizard
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Thanks for this post from:
DieterHunterhill
April 29th, 2022 at 6:32:06 PM permalink
The variance is less if the total amount bet, over all plays, is the same.
“Extraordinary claims require extraordinary evidence.” -- Carl Sagan
Dieter
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Dieter
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April 29th, 2022 at 8:49:42 PM permalink
Quote: Wizard

The variance is less if the total amount bet, over all plays, is the same.
link to original post



I'm trying to grind through some remedial statistics tutorials to better understand this. It has been a long time since that class, and I was honestly more focused on the parties (and disreputable pastimes) than the knowledge at the time.

I'd appreciate any pointers to useful explanations; I think the high level textbooks all moved out with the ex a long time ago.
May the cards fall in your favor.

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