Posts Tagged ‘strategic betting’
In MyVegas, just as in the real Las Vegas, the signposts all point towards “The Big Bet.”
There are always “Bet Max” buttons, and assurances that if you bet BIG, you get points sooner.
However, I find that a modest bet, played consistently, over time, proves to be a better strategy.
The games are not structured in your favor. The odds in MyVegas, just like in Real Vegas, favor the house… so that, over time, you will eventually lose your chips.
Knowing that, let’s pretend to play a game, a couple of different ways.
Let’s say I have 1000 chips, and I’m going to play a game.
If I bet all 1000 at once, I might win… or I might lose.
If I play a 20 chip bet, 50 times… I will lose some, but I will also win some, and thereby be able to extend my play.
At the end of the session, I will still have started with the same amount of chips… but I will hopefully have extended my playtime, and in the process eaten up more VIP Points, and earned more Loyalty Points.
The challenge is to look at the total number of chips you have, and play for as long a period of time as you have.
I would draw the example (outside the game) to betting on Craps. Putting a big bet on any one number MIGHT win you a big payoff. But, statistically, a few smaller more strategically placed bets will allow you to play longer, and THAT is what most Casinos look at, when reviewing for comps.
In order to prevent endless play with low bets, the MyVegas game designers have put pop up windows in, to make sure you don’t just set the game and walk away.
So, although the 100 Auto-Spin option is available to me, I doubt I ever get close to 50 spins without having to confirm a winning amount, or selecting a game option in a bonus round.
But I still find that (especially in the higher rounds) where you have 700,000 points between levels, and multiple levels between achievements, it is important to maximize play.
To me, that means a smaller bet, played more often, so that I can spread out my chances of hitting a larger win over a greater number of repeated bets.
(And by choosing a smaller bet, and extending my play, I also increase my chances of receiving a “bump” from entering a bonus round… so I can keep playing even longer !!!)
However, it has been confirmed for me that the whole thing is more complicated than it appears, as my Loyalty Point levels started going up slower. I got this reply to my enquiry:
Here’s the whole deal…The math that calculates Loyalty Points is fairly complicated. In general, you earn loyalty points faster if you make larger wagers.
But Loyalty Points generation considers several factors, including your level. So as you level up, you’ll need to make larger wagers to earn LP at the same rate. This is designed to offset the larger bonuses awarded by the player’s properties.
I recommend trying many different wager amounts (especially when you change levels) until you find one that earns LP at the rate you want.
We have a fair number of players that have NOT purchased and have a loyalty point balance of more than 40,000. Three of our top ten loyalty point earners haven’t purchased!
So, I would suggest assessing what bet to make, based on your total number of chips, and calculating that you need somewhere around 30 to 50 spins (on average) to get through a level of Studio City, in order to get a bonus, and keep playing… keeping in mind that you WILL gain some chips as you play.
*It should be noted that I have not purchased chips or loyalty points, and do not advocate doing so.