Looking for a New Approach

[Glunn11]

Just a supplement:

How does multiple doubling up in video poker cut the house edge?

This question refers to advice I gave in my newsletter, suggesting video poker players take the double up option when playing for a bonus at a Playtech casino. Doubling up does not lower the house edge of video poker, but does introduce another bet with zero house edge. For the same reason you should take or lay odds in craps it cuts the overall house edge playing video poker if you take the double up feature. Playtech does count double up bets towards the play requirement, so it gets the player to the bonus with less expected loss. So unless you are playing a machine with a return of over 100% and you don't mind extra volatility then I recommend accepting the double up option.

(http://wizardofodds.com/askthewizard...-doubleup.html)

I think it's best summarized as what is quoted later:

Taking will not help you win more but it will allow you to bet more.

Over the long run, you will be able to wager more by doubling up at every opportunity than you would if you never took it. While it certainly expands your bankroll, this style of play also significantly shortens gameplay time (increases variance).

The house edge remains unchanged by double up. http://www.beatingbonuses.com/calc.htm can confirm this with craps: all house edges are the same for the pass line, regardless of the amount of odds you wager. However, double up does increase overall return per dollar wagered; unlike craps, however, this comes at the cost of incredibly high volatility.

It all comes down to the two ways to measure the house edge: per spin or per unit wagered (what the Wiz calls the "element of risk"). Double-up does absolutely nothing to reduce the former, but can greatly reduce the latter.

[rockycatt]

i have one thought on this id like to use as a example ---------->

you hit a R F for 4,000.00$ do you double up now i am guilty here of being tongue in cheek but do you double up on a 4,000.00$ R F

respectfully R C

[ShayDrew]

Wow no offense but you have alot to learn. NEVER use the gamble feature, why take the chance of losing what you already won?

As for taking advantage of casino bonuses, once again, thats silly. All depends on the terms. I would NEVER do a 100% match offer if I had to wager 40X the deposit and bonus, you would never cashout unless you hit a jackpot. I would rather deposit my $100 and have control of when I can hit the cashout button. I hate being handcuffed, screw that.

And finally blackjack is garbage, if you want to play cardgames, play video poker. Overall people that play video poker most of the time will have a much higher cashout rate than those that gamble on slots IF THEY ARE DISCIPLINED enough.

I agree - for me (A casual have a few beers and have a play kind of player) it depends on how much I want to spend. If I want to be cheap I can pop $30 into iNetBet and usually get a 100% bonus so have $60 to play with and a $1200 playthrough which isn't too hard to clear, but if I feel like depositing a bit more $100/$150 etc I will do it with no bonus so I can withdraw whenever I want to - for me bonus's are about extended playtime on a small deposit - if I was to put $150 in and get a 100% bonus I would have to play too big for my comfort zone in order to get through playthrough.

Just my 10c.

[nisosbar]

I would never use the double up if it was on a slot win, but there are times I'll use the double up feature on Video Poker.

I play Jacks or Better almost exclusively.

If I get a single pair jacks or better (not two pair or 3oak, etc.), I will try to double up. If I do double up, I stop. But if I get anything better than a single pair, I won't use the double up feature.

[Jasminebed]

If you are playing slots with a bonus, make sure you read T&Cs. I'm sure generally speaking doubling up doesn't count towards wagering, and you might want to be sure it's not prohibited. Also, you would hate to be accused of some "irregular" betting pattern if you doubled every win, or exceeding some max bet percentage.

I find a big post-it on my computer reminding me of the last time I was stupid (whether it was played too big for my bankroll, failed to cashout a decent win, or reversed one) is a very helpful tool.

Set yourself a goal.... whether it's withdrawing whatever's left after clearing a WR, making 50% over your deposit, 5x your deposit, enough for a wire, whatever suits you best. This goal doesn't even have to be the same for every session. But if you start playing with a specific cashout goal in mind, you tend to do better than just going in with "Gee, I hope tonight's the night".

[colly]

If you are playing slots with a bonus, make sure you read T&Cs. I'm sure generally speaking doubling up doesn't count towards wagering, and you might want to be sure it's not prohibited. Also, you would hate to be accused of some "irregular" betting pattern if you doubled every win, or exceeding some max bet percentage.

I find a big post-it on my computer reminding me of the last time I was stupid (whether it was played too big for my bankroll, failed to cashout a decent win, or reversed one) is a very helpful tool.

Set yourself a goal.... whether it's withdrawing whatever's left after clearing a WR, making 50% over your deposit, 5x your deposit, enough for a wire, whatever suits you best. This goal doesn't even have to be the same for every session. But if you start playing with a specific cashout goal in mind, you tend to do better than just going in with "Gee, I hope tonight's the night".

Good advice- especially the bonus terms reminder.
I love the post it note- haven't tried it for gambling but have used post it notes on the phone to remind me not to call someone= it works!

Cheers
Colly

[Nate]

- Generally the slots which have a high minimum denomination have a greater payback % to the player. Take this example: One game has a minimum coin denomination of 1c per line, while another one has a minimum coin denomination of 5c per line. If you wish to get a higher return play the 5c one.
I have had the opportunity to personally look at the individual return of single slot machines and they followed this pattern i.e. the higher the minimum denomination, the higher the payback %.
Although, online it is hard to find slots with a higher minimum denomination of 1c.

This generally remains true for B&M Casinos. Higher denominations are set at a higher RTP.

I once queried this (With Online Casinos) and was told that the RTP does not increase if your bet does. So in essence, if you are playing $100 a pop, theoretically, your odds are better at a B&M.

Nate

[Diane]

one of the hidden ,/but not really is what your doing right now mix it up
a little slots a little meister land [here]and chat . i play at full tilt when im feeling off
don be afraid to play video poker it's a rush when you hit a R F

and most of all play for enjoyment only [the reward is the jackpot ]
you might hit

always remember there has to be a loose for there to be a winner

god bless and happy holiday your friend on the felt rocky

Rocky,
Thanks for the well wishes. Same back to you.

I do play some VP. With your reference to "friend on the felt" ------ do I know you from live poker @ B&M?

Diane