Boopotts
02-17-2005, 02:30 AM
Hi all,
Has anyone crunched any numbers on whether or not it's profitable to play full pay video poker (e.g., 9/6 Jacks or Better) online when collecting a sticky bonus? The bonus isn't cashable, which means at first glance it looks like a bust, but I can't help but wonder.
Example: You deposit $100, and get a $200 sticky bonus. This gives you $300 to play with. The idea would be to either hit a royal or go broke trying. So, with $300, and a payback of around 97.5%, you'll be expecting to lose on average about 4 cents on every hand in which you don't hit a royal. This means you'll get to play about 7500 hands before you go broke.
If you could play 7500 hands for $100, it would appear as though you'll hit the royal often enough to make this venture profitable. If the royal pops up every 45000 hands or so, you should hit it about 1 in every six trials. Since it's worth $1000 bucks it appears to be a no brainer. But then there are so many variables that I can't be sure what the EV would be-- or even if it really is +EV.
Any help from you math whizzes would be much appreiciaed.
Thanks,
Guy
Has anyone crunched any numbers on whether or not it's profitable to play full pay video poker (e.g., 9/6 Jacks or Better) online when collecting a sticky bonus? The bonus isn't cashable, which means at first glance it looks like a bust, but I can't help but wonder.
Example: You deposit $100, and get a $200 sticky bonus. This gives you $300 to play with. The idea would be to either hit a royal or go broke trying. So, with $300, and a payback of around 97.5%, you'll be expecting to lose on average about 4 cents on every hand in which you don't hit a royal. This means you'll get to play about 7500 hands before you go broke.
If you could play 7500 hands for $100, it would appear as though you'll hit the royal often enough to make this venture profitable. If the royal pops up every 45000 hands or so, you should hit it about 1 in every six trials. Since it's worth $1000 bucks it appears to be a no brainer. But then there are so many variables that I can't be sure what the EV would be-- or even if it really is +EV.
Any help from you math whizzes would be much appreiciaed.
Thanks,
Guy