More Price is Right Updates

[parliboy]

[quote name=\'Modor\' post=\'250278\' date=\'Nov 5 2010, 05:16 AM\']Sorry for the bump, but someone contacted The Wizard, a well-respected figure in the casino gaming world about this very topic.

With 2 or 3 punches left, he says you should give up any prize less than $5,000; but with only one punch left, quit with $1400 or more.  View the full report here, filled with data about expected wins with and without the second chance.[/quote]
The cut-off used to be about $1100 instead of $1400.  That $25000 hole accounts for the small change.  Only relevant in a second chance situation anyway.

[TLEberle]

[quote name=\'Modor\' post=\'250278\' date=\'Nov 5 2010, 03:16 AM\'][quote name=\'JasonA1\' post=\'246651\' date=\'Sep 1 2010, 12:48 AM\']I think Plinko's fine in that regard. Where the lower amounts fail is Punch a Bunch, where $1,000 hardly stops anybody anymore.[/quote]Sorry for the bump, but someone contacted The Wizard, a well-respected figure in the casino gaming world about this very topic.

With 2 or 3 punches left, he says you should give up any prize less than $5,000; but with only one punch left, quit with $1400 or more.  View the full report here, filled with data about expected wins with and without the second chance.[/quote]That's terrific until the $1,000 from the third punch becomes $50, with no chance to improve that amount.

[clemon79]

[quote name=\'TLEberle\' post=\'250349\' date=\'Nov 6 2010, 11:35 AM\']That's terrific until the $1,000 from the third punch becomes $50, with no chance to improve that amount.[/quote]
Yeah, but if you're a professional gambler who lives every minute of his existence by pot odds, when that happens you shrug and figure you're gonna have a good night at the craps table to make up for it.

[parliboy]

And from me, the refrain continues to be, "Some of us think it's worth the risk on the $1,000"

/   Manages my own Roth
//  averaging 18% per year over the life of the account.
/// and I sold my Sirius XM too soon.