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Author Topic: More Price is Right Updates  (Read 17253 times)

parliboy

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More Price is Right Updates
« Reply #60 on: November 05, 2010, 10:06:36 PM »
[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.
"You're never ready, just less unprepared."

TLEberle

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More Price is Right Updates
« Reply #61 on: November 06, 2010, 02:35:31 PM »
[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.
If you didn’t create it, it isn’t your content.

clemon79

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More Price is Right Updates
« Reply #62 on: November 07, 2010, 12:44:23 AM »
[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.
Chris Lemon, King Fool, Director of Suck Consolidation
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parliboy

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More Price is Right Updates
« Reply #63 on: November 10, 2010, 10:57:20 PM »
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.
"You're never ready, just less unprepared."