You have 10 minutes and $500
Posted: Sat Jun 21, 2008 8:28 am
Let's say you had to put $500 through a machine in 10 minutes and then you had to stop. $500 coin-in.
This is a fantasy setup so you HAVE to choose between two options:
What would you prefer... a multi-hand machine (like 100 play) at a lower denomination or a high denomination machine with fewer hands (assuming equal pay tables)?
Obviously on the high denomination machine, you have a chance at the bigger win... on the 100 play machine you can still win big on a dealt hand but otherwise your returns will probably be slower (I think). The nothing hands will cost you big either way.
There isn't a "right" or "wrong" answer on this... I'm just curious what people would pick.
So the questions are:
1) Which would YOU choose to play on?
Then if you want to get into the details...
2) Is the expected return in the two different scenarios the same with this limited budget and timeline?
3) If you continued to play with your winnings on the chosen machine, which situation would give you the highest odds of going broke the soonest? Obviously you could end up a winner in both setups but I'm wondering what your chances of crashing and burning are compared to each other.
Thanks!
This is a fantasy setup so you HAVE to choose between two options:
What would you prefer... a multi-hand machine (like 100 play) at a lower denomination or a high denomination machine with fewer hands (assuming equal pay tables)?
Obviously on the high denomination machine, you have a chance at the bigger win... on the 100 play machine you can still win big on a dealt hand but otherwise your returns will probably be slower (I think). The nothing hands will cost you big either way.
There isn't a "right" or "wrong" answer on this... I'm just curious what people would pick.
So the questions are:
1) Which would YOU choose to play on?
Then if you want to get into the details...
2) Is the expected return in the two different scenarios the same with this limited budget and timeline?
3) If you continued to play with your winnings on the chosen machine, which situation would give you the highest odds of going broke the soonest? Obviously you could end up a winner in both setups but I'm wondering what your chances of crashing and burning are compared to each other.
Thanks!