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EV dealing/stackings VS Normal profit splitting EV dealing/stackings VS Normal profit splitting

09-16-2018 , 04:56 PM
Hello guys,

I wanted to ask is there a thread which Compares EV dealing/staking VS Normal profit splitting ?
I'm curious mostly in Spins format.
Also if some1 did research and is willing to provide pros and cons of them, please enlighten me (: .

Thanks !
EV dealing/stackings VS Normal profit splitting Quote
09-16-2018 , 07:33 PM
The main advantage of an EV deal is less variance.

There are two main EV deal types that I've heard of, but of course variations of each. Make sure you understand whatever EV deal you are considering, as many players think they understand it but really do not and the details matter a lot.

1) Shared pool

Basically, 5, 10, 20 players in the stable are part of one pool. At the end of a set period (such as a month), the total profit of the players is split according to the amount of EV each player earned. So in an example of 2 players, if player A earns $100 and player B earns $900, there is $1,000 in the player pool. If player A made $800 in EV and player B made $800 in EV, they would split the $1,000 profit 50-50, as each of them earned $800 in EV, or 50% of the total EV of the 2 person group.

A downside to this is that an honest player is effectively being charged for dishonest players. If a player in the pool steals the other honest players are not going to get their share of that money that they paid in EV.

If you come across a deal like this, make sure to ask what happens if a player in the pool steals or leaves while under contract, as I doubt any stable is covering these funds. Make sure you know who is in your pool and talk to them about the earnings so you know the #s are correct too. Make sure you're aware of any hidden costs to the deal.

2) Direct player EV deals

A player is paid based on the EV they earn at the tables, rather than actual results. Most of the time this includes players having some tournaments (like big jackpots) include their actual profits and not only EV.

The downside to this is that it can be very mentally draining if you were running poorly before the EV deal and start running hot when you start it.

For example, let's pretend your last 1,000 games on your own you had $1,000 in EV but lost $2,500 of actual money. Then, you join a program and start on an EV deal. The first month with the program you have $1,000 in EV, but you ran hot and made $4,500 at the tables. Because you are on an EV deal, you don't benefit from the fact that you ran hot at the tables.

The upside there is that if you lose a bunch of profit in the future, but your EV is good, you won't have to care!

Also make sure you know the details of these deals so that you understand the total value of the deal and any hidden costs.
EV dealing/stackings VS Normal profit splitting Quote
09-16-2018 , 08:10 PM
Quote:
Originally Posted by ChicagoRy
The main advantage of an EV deal is less variance.

There are two main EV deal types that I've heard of, but of course variations of each. Make sure you understand whatever EV deal you are considering, as many players think they understand it but really do not and the details matter a lot.

1) Shared pool

Basically, 5, 10, 20 players in the stable are part of one pool. At the end of a set period (such as a month), the total profit of the players is split according to the amount of EV each player earned. So in an example of 2 players, if player A earns $100 and player B earns $900, there is $1,000 in the player pool. If player A made $800 in EV and player B made $800 in EV, they would split the $1,000 profit 50-50, as each of them earned $800 in EV, or 50% of the total EV of the 2 person group.

A downside to this is that an honest player is effectively being charged for dishonest players. If a player in the pool steals the other honest players are not going to get their share of that money that they paid in EV.

If you come across a deal like this, make sure to ask what happens if a player in the pool steals or leaves while under contract, as I doubt any stable is covering these funds. Make sure you know who is in your pool and talk to them about the earnings so you know the #s are correct too. Make sure you're aware of any hidden costs to the deal.

2) Direct player EV deals

A player is paid based on the EV they earn at the tables, rather than actual results. Most of the time this includes players having some tournaments (like big jackpots) include their actual profits and not only EV.

The downside to this is that it can be very mentally draining if you were running poorly before the EV deal and start running hot when you start it.

For example, let's pretend your last 1,000 games on your own you had $1,000 in EV but lost $2,500 of actual money. Then, you join a program and start on an EV deal. The first month with the program you have $1,000 in EV, but you ran hot and made $4,500 at the tables. Because you are on an EV deal, you don't benefit from the fact that you ran hot at the tables.

The upside there is that if you lose a bunch of profit in the future, but your EV is good, you won't have to care!

Also make sure you know the details of these deals so that you understand the total value of the deal and any hidden costs.
Thank you very much for this detailed explanation !

Surely, will ask for above mentioned examples.
EV dealing/stackings VS Normal profit splitting Quote
09-18-2018 , 05:00 PM
Not sure how much it affects, but the ev deals rely on the ev measured by pt4 normally, and there are spots where pt4 is miscalculating ev.
Also, u might agree to enter a pool with some policies, but then theyīre able to change policies (normally to the benefit of all the playerpool) but if somehow u donīt agree with the changes uīre screwed.
On top of that, itīs likely you will get charged an extra 3 to 5%.

I have this theory that if u plan to play 20k+ spins yearly and uīre confident u have over 4% ev roi, and u already have life money, then itīs better to stay with normal profit splitting.
EV dealing/stackings VS Normal profit splitting Quote
09-19-2018 , 08:29 PM
Quote:
Originally Posted by vherreral
Not sure how much it affects, but the ev deals rely on the ev measured by pt4 normally, and there are spots where pt4 is miscalculating ev.
Also, u might agree to enter a pool with some policies, but then theyīre able to change policies (normally to the benefit of all the playerpool) but if somehow u donīt agree with the changes uīre screwed.
On top of that, itīs likely you will get charged an extra 3 to 5%.

I have this theory that if u plan to play 20k+ spins yearly and uīre confident u have over 4% ev roi, and u already have life money, then itīs better to stay with normal profit splitting.
The problem is that currently I'm without Bankroll, so I'll probably head to EV deal
EV dealing/stackings VS Normal profit splitting Quote

      
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