1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Statistics Question - Video Poker

Discussion in 'BBS Hangout' started by bobrek, Feb 20, 2018.

  1. Joe Joe

    Joe Joe Go Stros!
    Supporting Member

    Joined:
    May 3, 1999
    Messages:
    24,111
    Likes Received:
    14,224
    It should work. Bobrek had already posted it. I just didn't realize what he posted was the same thing.
     
  2. RedRedemption

    RedRedemption Contributing Member

    Joined:
    Jul 21, 2009
    Messages:
    32,472
    Likes Received:
    7,652
    50/50.

    You either win or you lose.
     
  3. arkoe

    arkoe (ง'̀-'́)ง

    Joined:
    Dec 13, 2001
    Messages:
    10,372
    Likes Received:
    1,589
    I like math. I don't like doing math.
     
  4. el gnomo

    el gnomo Member

    Joined:
    Dec 15, 2012
    Messages:
    7,800
    Likes Received:
    1,885
    You are assuming these video poker machines are following the exact odds. I could be wrong, but I don't think they do.
     
  5. bobrek

    bobrek Politics belong in the D & D

    Joined:
    Sep 16, 1999
    Messages:
    36,288
    Likes Received:
    26,639
    Of course they do. :)
     
  6. moestavern19

    moestavern19 Member

    Joined:
    Dec 8, 1999
    Messages:
    39,003
    Likes Received:
    3,638
    I had assumed there were regulations in place for gambling licenses that dictate fair odds.

    Is this not so?
     
  7. bobrek

    bobrek Politics belong in the D & D

    Joined:
    Sep 16, 1999
    Messages:
    36,288
    Likes Received:
    26,639
    I have to believe they are strictly regulated. Last thing these guys want is me missing out on a $25 payout because they did something crooked.
     
  8. moestavern19

    moestavern19 Member

    Joined:
    Dec 8, 1999
    Messages:
    39,003
    Likes Received:
    3,638
    When attempting to draw a particular card, your odds of hitting that 4th Ace are 1/47 on the first draw and then 1/46 on the 2nd draw.

    The odds are the same for every hand. So each of those 10 hands has the exact same odds of hitting that Ace.

    However, when dealing with a random draw on a larger sample size, there are bound to be a random set of outcomes.

    So although the odds seem better with 10 hands, I believe this is ultimately an illusion.
     
  9. bobrek

    bobrek Politics belong in the D & D

    Joined:
    Sep 16, 1999
    Messages:
    36,288
    Likes Received:
    26,639
    I tend to agree about the illusion, but due to those darned statistics, the odds should get better the more you are in that situation. For instance, pretty sure that when I have played 50 hands on my iPad, I have always hit that 4th ace.
     
  10. moestavern19

    moestavern19 Member

    Joined:
    Dec 8, 1999
    Messages:
    39,003
    Likes Received:
    3,638

    Yeah statistics and probability are a whole different breed of math.

    Regression to the mean is what you are referring to.

    For instance a coin is flipped 99 times and hits tails all 99 times. What are the odds it hits heads on the 100th toss? Still 50/50. There is no recency bias in stats.

    While regession to the mean tells you that heads has to come up sooner or later, the odds are still 50/50 on that 100th toss.
     
  11. bobrek

    bobrek Politics belong in the D & D

    Joined:
    Sep 16, 1999
    Messages:
    36,288
    Likes Received:
    26,639
    In the immortal words of Gene Elston the old Colts/Astros announcer when a player was in a long hitless streak:

    “The longer he goes without getting a hit, the closer he comes to getting one”
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now