Any Experience with M Resort $500 Loss Rebate?

[mickeycrimm]

The second question I asked (here and on Facebook) is about playing a game with a 99.9% return (negative expectation) and getting a loss rebate equal to 20% of each $100 bet. And the question here is different from the original question. Do 20% rebates ever make you whole at a negative expectation game? You will note that on Facebook there responses were divided with about half saying you will lose. Note that one of the responders is the County Treasurer of Riverside County, Calif, who said you would lose. The reason is 20% rebates at negative expectation games are not enough to make you whole and to win you must have more winning hands..

I took one of your games, Alan, 7/5 Bonus and brought it up on the software. The screenshot should be somewhere in the post. You'll probably have a hard time discerning the stats so I will explain it to you. You can see FREQUENCY for the royal and it says 64.595820. What does that mean? A 52 card deck is on a 2,598,960 hand cycle. That's the total five-card combinations. If you look over to OCCURS EVERY you will see the royal occurs every 40,234.18 games.

2598960/64.595820 = 40,234.18

Okay, so look down at the nothing hands. You will see they occur 1,416,099.7 games out of a 2,598,960 hand cycle And if you look over you will see they represent 0.00% of the payback. If you got a 20% rebate for those 1,416,099.7 games it would add 10.8974% to the payback.

1,414,099.7 X 20% = 283,219.94
283,219.94/2,598,960 = 10.8974%

Add that to your 98% game and you are at almost 109%.

Go ahead and post this, picture and all on facebook. Then tell the County Treasurer of Riverside County he didn't make the cut to play in my league.