Why I Play VP my Way
Posted: Tue Jun 13, 2017 8:51 am
I admit this is a long post. If you are not interested in Recreational VP or my opinions, feel free to skip it and move on to something more to your liking. I expect it will inspire a few negative comments. I wish to
go on record by saying I am not posting here to "teach" anyone
anything. I am not an expert "for profit" VP player and you should know
that. What I am an expert in is making myself happy and that is my
only goal.Most recreational VP players like me go to the casino for a good time. They may or may not be aware of profit based VP strategy. Some may even have worked on their playing skills to a point where they can play fairly close to the games expected return. Our personal choice in the games we play and how we play them is not profit alone. You may have a hard time understanding why someone would choose a strategy that is mathematically guaranteed to lose money?If your goal is long term profit, the path is well documented. Seek out and play only games with a positive expected return perfectly and have a bankroll big enough to last through any down turn. If your goal is different than long term profit, a recreational player may choose strategies that meet their personal goal regardless of the effect on their long term profit. In simple terms "Fun is where you find it." For example, suppose you have a limited playing budget. When you go to the casino you don't want to bust in 10 minutes, you came there to have as much fun as possible with the money you came with. For you, having fun means playing longer. By playing single coin you can have five times more "fun" than a max coin player. This is great until you hit a royal flush. At this point your single coin strategy comes home to roost and it's time to "pay the piper" by staring at a short coin royal. Some years ago, my wife and I were faced with a dilemma. On a day back in 2008 we had an incredible run of luck at a particular casino. Not knowing any better and with a severely limited bankroll, I hit 4 single line royal flushes in 24 hours. Three were for $4,000 each and one was $1,000. Our luck continued when I switched to DDB and hit a run of dollar quad aces that you only dream about. Our pockets were stuffed with $100s and we later found $2,000 in a pocket we didn't even remember. Why I didn't win the lotto on the way home was amazing. After that day, the casino invited us to come back all expenses paid. They flew us from Florida and drove us from the airport to the casino then put us up in an oceanfront room. Their expected outcome came true and we started to give them back their money. The odds of their games were less than 97% and we had no clue what correct VP strategy was. We lost $3,000 in three days and went home. A week later we got a mailer inviting us back. This time they offered to give us a suite. Over the next year we played in this casino and eventually gave them all their money back. When that was gone, we started to give them our own money. Playing with the casino's money is fun. Losing our own was not.Eventually, we learned that by playing single coin in that casino we could cut our losses to manageable levels. While playing single coin was definitely cheaper, I have to admit is wasn't as much fun. I worked on this in my mind for a long time. How can we play single coin cheap while still retaining the excitement of a possible max coin jackpot? Mathematics never entered into my thought process. I knew the odds were severely negative, so what did it matter what strategy I used if I was going to eventually lose anyway? I won't go into it here, but this is how CS was born. CS was never intended to be a "for profit" VP strategy. It extends your play with the same coin in, limits your short term loses when playing a negative VP game and restores some level of excitement back into single coin play. It will most likely cost you more money long term than playing max coins depending upon how lucky you are. No knowledgeable "for profit" VP player would accept a strategy based on luck and I wouldn't expect them to. In the last few years I have abandoned CS and decided to play max coins limiting my play to only games with odds greater than 98% including comps. The games I currently play are nearer 99% and we consider this acceptable.The question every VP player should ask is "Why are you going to the casino in the first place?" Only you can answer that question.