Wiz says multi-line vp = more variance
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?
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/
ahh.. variance for same amount per spin.Quote: randompersonYou 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.
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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??
Quote: 100xOddsahh.. variance for same amount per spin.Quote: randompersonYou 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
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.
Quote: 100xOddsahh.. variance for same amount per spin.Quote: randompersonYou 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
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.
yes it does.Quote: DieterSTP adds variance too... right? If you wanted lower variance, you could play 5 coins/line.
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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)
Quote: 100xOddsyes it does.Quote: DieterSTP adds variance too... right? If you wanted lower variance, you could play 5 coins/line.
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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)
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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.
Quote: WizardThe variance is less if the total amount bet, over all plays, is the same.
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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.
