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Is 100000 spins enough?

Started by Nimo, Feb 09, 12:05 PM 2019

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Nimo

On RNG the average amount of spins per hour is 300.  On a live wheel it's 60.   Figuring an 40 hour work week, 8 hours per day, 5 days per week.  Should be 2400 spins on a live wheel and 12000 spins on RNG.  I don't know anyone that spends that kind of time playing.  Even if you win millions, that kind of time spent, you become a slave to it. 

Here is a simulation (thanks to Shogun for coding it) On RNG that's roughly 9 weeks of play and roughly 46 weeks of play on a live wheel.  112000 spins. 



Set a win goal, set a time limit goal and enjoy your life
If all the world is a stage, who is left to be the audience?

Nimo

As you can see the chart goes down as well.  I have it set to win $100000.  If bankroll loses $10000 it stops.  This simulation went down to -$77000 at spin 112008.  For some reason when I copy it to clip board it doesn't show the bottom.  It still wins over  $20000 profit in the time frame but it also proves my point.  If I set the simulation to win $1000 per session.  I would have won over $70000 in profit in the same time frame as my losses would have been limited too.
If all the world is a stage, who is left to be the audience?

buffalowizard

Quote from: Nimo on Feb 09, 12:12 PM 2019
As you can see the chart goes down as well.  I have it set to win $100000.  If bankroll loses $10000 it stops.  This simulation went down to -$77000 at spin 112008.  For some reason when I copy it to clip board it doesn't show the bottom.  It still wins over  $20000 profit in the time frame but it also proves my point.  If I set the simulation to win $1000 per session.  I would have won over $70000 in profit in the same time frame as my losses would have been limited too.
Congrats mate. Looks like you cracked it

nichedelico

Hello Nimo, impressive track

The General

Quote from: Nimo on Feb 09, 12:12 PM 2019
As you can see the chart goes down as well.  I have it set to win $100000.  If bankroll loses $10000 it stops.  This simulation went down to -$77000 at spin 112008.  For some reason when I copy it to clip board it doesn't show the bottom.  It still wins over  $20000 profit in the time frame but it also proves my point.  If I set the simulation to win $1000 per session.  I would have won over $70000 in profit in the same time frame as my losses would have been limited too.

Sorry, but that's not good.  The "if this and if that" isn't going to limit the draw down either.  It's just going to reduce the number of spins that you play, and delay the inevitable. 
Basic probability and The General are your friend.
(Now hiring minions, apply within.)

Roulettebeater

Quote from: The General on Feb 09, 01:32 PM 2019
Sorry, but that's not good.  The "if this and if that" isn't going to limit the draw down either.  It's just going to reduce the number of spins that you play, and delay the inevitable.


General you speak from experience as you have been often faulted!
A dollar won is twice as sweet as as a dollar earned

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