Originally Posted by
Alan Mendelson
I got only as far as you saying "We're talking simple math here." Exactly right. So here is a simple way to look at playing your video poker machine with the positive pay table:
1. You take $5 out of your pocket.
2. You put it in the machine.
3. You are out five dollars.
That is the simple math behind video poker. The math stops right there. After that it's wishing and hoping and praying.
Now, let's see what happens when you wish and hope and pray and you get a favorable result:
1. The machine pays you $10.
2. You hit the cash out button.
3. You leave with the $10.
That is also simple math. That's where the math ends. And that is the reality of what happens -- not your bell curve, not your expectation, not your proper strategy.
There are people who have knowledge, and then there are people who are really smart.