Post
by Americraps » Sat Feb 21, 2015 1:00 pm
LL- Do you mean $204 like MPs $204? I like your idea, but this is an inside betting strategy. The payoff of $49 isn't enough to do a 1 hit regression for the 1st step. I can see betting $324 across for the first hit, and hope like hell you nail a 4 or 10. But its going to take kind of long to recoup a CO7. Lets compare the 2 systems. It's complicated.
MPs $204 exposes you to a cumulative total of $408 exposure on the first two hits with a guaranteed, racked profit of $53, after 2 hits. The 4 step exposes you to $330 exposure with a racked (but not guaranteed) profit of $105 on 2 hits. Profit is not guaranteed till there's a PL decision. If the shooter 7s out, you made $105. If his hand continues, then you are back up, risking $110 to get your 3rd hit. If you get it, you have a racked profit of $140 and a guaranteed profit of $74, which could grow to a max of $231. If you don't get the 3rd hit, you lose $5.
On balance, you will get 2 hits faster with MPs across bet, vs the 4 steps (4S) inside bets. The 4S will have greater cumulative 7 exposure before the first 2 hits, but less exposure after the first 2 hits Better math dudes than me can figure it out the exact amount. MP, I'm guessing you took a look at something like this when you were formulating your $204 across, yes?
After the second hit, if the shooter 7s out, the 4S has made $105 net and pulled everything down, like the little piggy in the house made of bricks. The $204 has netted $54 and is still working with $44 exposure inside. Here's where the $204 can still make a lot of money, but the 4 step is off, sitting TUMA waiting for a PL decision.
The systems get a lot closer as far as exposure goes after the 3rd hit, but when that 3rd hit comes could be drastically different. MPs $204 has $452 of exposure and has collected $112, and the 4S has $440 of exposure and has collected $140, but remember those first 2 hits are harder to get, and by the time their is a PL decision, and the 4S gets to the 3rd hit, the $204 could be on its 20th or more hit and be pressed to the moon. MPs system is built to make a some money on a short hand and a lot of money on a long hand, whereas the 4S is geared to get your money off the table, excelling at the short to medium hand.
Would the 4S work on Randies? I doubt it. It might make a good option for group shoots with other DIs.
So, LuxLogs, in answer to your question why $220? $220 is easy for me and the dealers to figure out, it pays $70, and gets off to a fast start, or smaller loss if you only get 1 hit. After the first step, the regression is very slow, and while it makes some money, there will be lots of "regressers remorse" on a long hand, as those long hands are where MPs $204 really tallys up huge winners.
It should be noted that I haven't wargamed this yet, so its all theoretical at this point. I anticipate that there will be some changes, and hopefully some suggestions from you and other board members.
Do I ever gamble out of my area code? Not until I have a nice trip stake together. That being said, my shot is showing signs of consistancy lately.....
Wanna practice on Thursday night?
Last edited by
Americraps on Sat Feb 21, 2015 3:41 pm, edited 5 times in total.
See it in your mind FIRST...Then do it!