Purple Lounge Owns Me

[TIO777]

After some redeposits, I won playing Aces and Faces. Just the bonus amount.

[Little_Luck]

I busto'd my first 300 at purple on 3cp at 5 dollar bets by 1500 wr. Lost about 200 more until I hit 7500 and I felt lucky. Only 100 total loss, I felt unlucky about it, but now I'm feeling pretty good about only losing 100.

[Roy6]

The Element of Risk is only 2% on the ante+raise, so you should lose only 2% of your total wagers (HA doesn't include raises).

You expect to lose 300 wagering 15k.
You lost $1852 gambling.
At $10 stakes ($20 if raised) 1 SD is 635, so you experienced a 2.9 SD, abot 0.15% chance.

[flight2q]

I don't see where OP says what his bet size was. If it was $10 bets, then his result was around 4.5 S.D. below EV. That would be pretty serious.

[Edited: Okay, I initially read the loss to be about 2400 below EV, but it was actually about 1800; the bonuses were already included. The S.D. is around 400.]

First try at Purple Lounge, I had a result about 1.5 S.D. below EV at VP. Then I played some BJ and had a result 2 S.D. below EV. Then some 3CP and had a result 3 S.D. above EV. Then some VP and had a result about 1.5 S.D. above EV.

[WLVRYN]

[ QUOTE ]
The Element of Risk is only 2% on the ante+raise, so you should lose only 2% of your total wagers (HA doesn't include raises).

You expect to lose 300 wagering 15k.
You lost $1852 gambling.
At $10 stakes ($20 if raised) 1 SD is 635, so you experienced a 2.9 SD, abot 0.15% chance.


[/ QUOTE ]

Roy - that's what I was looking for, thanks. That seems pretty unrealistic, so unless I see some others with bigger wins, I'll probably stay away (though the whore in me wants to go back so bad!).

[Ken_AA]

[ QUOTE ]
[ QUOTE ]
The Element of Risk is only 2% on the ante+raise, so you should lose only 2% of your total wagers (HA doesn't include raises).

You expect to lose 300 wagering 15k.
You lost $1852 gambling.
At $10 stakes ($20 if raised) 1 SD is 635, so you experienced a 2.9 SD, abot 0.15% chance.


[/ QUOTE ]

Roy - that's what I was looking for, thanks. That seems pretty unrealistic, so unless I see some others with bigger wins, I'll probably stay away (though the whore in me wants to go back so bad!).

[/ QUOTE ]

Am I doing something wrong, you took this on with an EV of 40 Bucks?

Why did you ever do this bonus?

Ken

[WLVRYN]

Wager requirement is $7500 for a $300 bonus. Playing 3CP at 2%, EV is about $150.

Where'd you come up with $40?

[Ken_AA]

[ QUOTE ]
Wager requirement is $7500 for a $300 bonus. Playing 3CP at 2%, EV is about $150.

Where'd you come up with $40?

[/ QUOTE ]

OK so I was doing something wrong, I thought in your original Post I thought you said the House Advantage was 3.5%.

Ken