Tuesday, March 17, 2015

Royal Flusher's Strict Rules of Parlay



In my Las Vegas Trip Reports, I often write about employing the Strict Rules of Parlay and its variations. Here is an explanation of what it's all about.

Strict Rules of Parlay

Pick your denomination (25 cent, for example) and game of Video Poker. Insert some amount, $20 for example.



If and when you double your buy-in, you double your denomination.

Each time you double your stake, you move up a denomination.

Once you have doubled your stake at the top denomination (or you can't stand the heat) you cash out and start again.

If you have moved up a denomination or two, and you start to lose, when you drop down below the point at which you doubled your denomination, you move back down again. If you double up again, you can move up again to the next denomination

Why bother with all this flusherfoolery?

This technique hopefully gives you some higher denomination play on a small buy-in, rather than putting in more money to start at a higher denomination, and blowing through it, potentially.

Basically its "press when you are winning, bet small when losing."

Here's an example of the S.R.P.

I go to a Bonus Poker Machine and put in $20 and select the quarter denomination. I play and get a couple of fulls house and get up to $42.50.

I now select 50-cent play. I play a bit and hit a quad and find myself with $90 in the machine. I switch to dollars.

I go up to $130 and then down to $90, and then $85. I switch back to 50-cent and order a double Absolut on the rocks.

I play and get up to $100. I go to dollar play. I hit a quad and have $225. I go to $2 play and hope to hell I hit something. I get up to $450 and there are no higher denoms on the machine. I cash out, and start again at quarters.

Strict Rules of Parlay - Queensbury variation

With the Queensbury Rules of Parlay, once you have moved up a denomination, you stay there no matter what. If you start losing, you're allowed to dive straight into the ground.

You still have a chance at higher denomination play on a small buy-in, but you forgo the downside protection of the Strict Rules of Parlay.

Advanced Technique - Strict Rules with Pre-emptive Parlay

If you are playing S.R.P and have a machine that is hitting and hitting but isn't climbing, you may choose to do a pre-emptive parlay - that is, parlaying before hitting the double point. Starting from quarters, I might do this if I am over $30 but under $40 and getting tons of pairs. Might as well get in some 50 cent action for when the hit does come right?

If I drop to $20, I go back to quarters.

Strict Rules of Micro Parlay

The micro parlay is a fun variation. Start with $5 on quarters, and follow the Strict Rules of Parlay - Queensbury variation. See if you can work up to a big denom and hit something like a quad. If you do, you're outta there and you start again.

Does it work?

Mathematically, in the long run, it probably does not make a difference. And yet...

Why do you do it?

Because we hit a couple of 50 cent Royals and a few dollar Royals after parlaying. This lulls us into the idea that this works. Besides, it is one hell of a lot of fun. And it helps with money management, maybe keeping you in the game longer.

The part I really like is that if you do hit a streak, you are hitting at higher denoms.

Parlayed from 25 cents.

6 comments:

  1. Thanks for explaining your rules of parlay.
    I like the new site. Good job!

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  2. 3 weeks from this moment I will be employing your S.R.P. on various Video Poker machines. Starting at $1 hope to get it up to $25 denomination and hit that royal. Great site again and thanks for all the effort to entertain us Flusher.. You the man!! Tbone3336

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  3. I've never parlayed that high. You'll be breaking new S.R.P. ground when you make it. Best of luck and report back!

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  4. Thanks for the detailed explanation of your rules of parlay. I am usually a chicken and stick to quarters, but I am most definitely going to try out a couple of your methods on my next trip. I just found this site today and I am having a lovely time poking around and learning cool stuff so thanks!

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  5. A technical question on the SRP. Say you start with $20 in quarters on DDB and hit aces. You now have $200 and move up to 50 cents. Is your transition point to dollars $400?

    Thousands await your answer, or at least I do.

    TrawnaJack

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  6. Interesting question TrawnaJack. I would probably do one of two things. Move up to 50 cents and then to dollars at $240. Or I would cash the ticket, put in $20 and play 50 cents, going to dollars if I make it to $40. Something like that.

    ReplyDelete