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  1. #11
    Originally Posted by Alan Mendelson View Post
    if casinos can go bankrupt what chance do I have?
    .
    You have a great chance. You just need to make sure your bets are small enough to manage your risk of ruin on a positive expectation game. Here is an example:
    1. You allocate a bank roll of $12,375.
    2. You go to Fiesta in Henderson, bringing a grand of your $12,375 bank roll with you.
    3. Inserting your players club card, you play for an hour on full pay deuces wild (assumes you don't make any discarding mistakes where FPDW has a very easy discarding strategy) at the 5 x $.25 level and then go home.
    4. Rinse and repeat the next day

    As you can see from the screenshot, you have a 99.98% chance of hitting a royal before losing your $12,375 bank roll and a 99.98% chance of turning $12,375 into $12500. Obviously APs like Monet and MaxPen use much larger denominations and find VP/slots and other machine games with higher player edges than .76% but this example provides you with the general template for winning AP machine play - i.e. calculating your ROR and flat-betting an appropriately small percentage of your bank roll to ensure victory.
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