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Premium Member
 Originally Posted by Grandthrax
Even if the gamble feature doesn't count towards wagering. If you use it on small wins and not on large wins then you decrease the variance of the slot.
ps. loving the 'martingale' tag
I understand variance, distribution, HE, etc. but I don't understand this statement Grandthrax. How does betting your small winnings on a zero HE gamble bet decrease the variance? I'm not questioning your knowledge because I can see you know more about this than me but just interested to know.
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 Originally Posted by Eddie
I understand variance, distribution, HE, etc. but I don't understand this statement Grandthrax. How does betting your small winnings on a zero HE gamble bet decrease the variance? I'm not questioning your knowledge because I can see you know more about this than me but just interested to know.
Gambling on a feature with no house edge would help reduce variance. The other factor which effects variance is bet size - so if you bet a large win it would send your variance through the roof, whereas if you bet smaller wins this won't have so much effect on your variance.
That's how i'm reading it anyway?
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 Originally Posted by Eddie
I understand variance, distribution, HE, etc. but I don't understand this statement Grandthrax. How does betting your small winnings on a zero HE gamble bet decrease the variance? I'm not questioning your knowledge because I can see you know more about this than me but just interested to know.
No you're right, I'm being an idiot. It lowers overall variance if it counts towards the wagering requirement because you're doing part of your wr on a game with a standard deviation of 1. But raises it otherwise as you're just doing needless wagering.
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 Originally Posted by Grandthrax
No you're right, I'm being an idiot. It lowers overall variance if it counts towards the wagering requirement because you're doing part of your wr on a game with a standard deviation of 1. But raises it otherwise as you're just doing needless wagering.
Most bonus T&Cs I've ever read say that the gamble feature on Slots & Video Poker does NOT count in the WR...
KK
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 Originally Posted by Lucky2000
varying your bets in some way- maybe doubling after a win, or waiting for a few loses in a row and then increasing your bets. It's up to you, but once you have done the first high bets, it is more than possible to cash out having doubled your money on the night.
Call me cynical but your pointless posts don't have anything to do with the linkt in your signature do they?
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 Originally Posted by Landprofits
Call me cynical but your pointless posts don't have anything to do with the linkt in your signature do they?
what link?
I'll let these posts go... but I'm watching you!
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 Originally Posted by bella
what link? 
Always knew you could do special things bella ...
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 Originally Posted by Landprofits
Always knew you could do special things bella ...
Just a little bit of Magic
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Hello, i am new member and this is my first post. However Manipulating game play is something that i am very familiar with. It is very true that you cant change the overall ev of your game, but progressive betting can change your variance very much.
Many people say that betting strategies dont work, and that there is no point in them.however, i am studying mathematics and i slightly disagree. For example, a player may deposit 100 euro and set his target at 150 euro. now, in this case his change of reaching the target is much higher with proggressive betting than with flat betting( the risked amount is higher also ofcourse).
but, we should also keep in mind that people who have strongly set their target amounts, will keep betting until they achieve it. This means that a player playing with low bets will hit good enough hits very unlikely and will lose more in the long term just because his betting low and he is more likely to go bust. It is true that the maxinum ev is achieved with full bankroll size bets, but in that case the change to go bust is just too high for normal players. Most players want to achieve the best balance between +ev and lasting gaming experience.
I am sorry, i am bit drúnk so it is hard to say what i am really meanining but, i think +ev is not everything in gampling, bur variance is also important.
I will be back with more comphrehensice analasysis later on.
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