In figuring the bankroll you need to wait out the probabilities to hit your big-one without running out of money, you have to use this kind of calculation. In fact, the main reason for joining a video poker team is to have enough team money to play till you win. The other reason, of course, is to be able to occupy all the seats at the bank of progressive machines to assure that when it hits, the reward goes to your team, not to a tourist who just happened to sit for 10 minutes and win it.
Risk of ruin is of interest not just to video poker players, but in any game where the odds can be determined in advance (like blackjack).
The book, The Secret World of Video Poker Progressives is available direct from the author, Frank Kneeland. He sells through Amazon. His company is True Apocrypha in Las Vegas. Cost is $29.42.
Thanks for the additional practical math on the subject, Brent. Here's hoping when you figure the bankroll on your next Play, you don't find orbis non sufficit !
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