chrisjs87
chrisjs87
Joined: Mar 24, 2011
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December 27th, 2016 at 11:39:52 AM permalink
Quote: JB

Unless I'm missing something (wouldn't be the first time), this guy had two advantages:

1) he was allowed to bet less than his ante

2) he was allowed to past-post:


Normally the final bet must be placed before the last community card is revealed. As described, the final bet came after the last community card was revealed.

Surely the past-posting provided the bigger advantage.



I should have just said he was allowed to spread $10-$90 on the street bets with a $30 initial ante. I think that should clear up any confusion.
MathExtremist
MathExtremist
Joined: Aug 31, 2010
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December 27th, 2016 at 1:30:33 PM permalink
Quote: chrisjs87

I should have just said he was allowed to spread $10-$90 on the street bets with a $30 initial ante. I think that should clear up any confusion.

Ahh, I did my rough EV/hand analysis based on the 30/10/10/90 pattern (or 30/10/10/0 if he missed a straight/flush draw, and also assuming he never folded.) In the case where he's betting 30/90/90/90 or 30/10/90/90 when a pair is already in the hand, the EV/hand is going to be higher. I don't have the time to crunch it right now though.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
WatchMeWin
WatchMeWin
Joined: May 20, 2011
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December 27th, 2016 at 6:57:22 PM permalink
'Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.' Let them man play!
'Winners hit n run... Losers stick around'
Sandybestdog
Sandybestdog
Joined: Feb 3, 2015
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December 27th, 2016 at 10:24:16 PM permalink
Quote: MathExtremist

I'm wondering why most gamblers don't have a problem sitting there and getting overpaid in a situation like this, but then they'll go shopping and correct the grocery store clerk who undercharged them for bananas. Morally, what's the difference between a casino dealer and a grocery clerk?


This is me exactly. I have been overpaid/mispaid plenty of times and never thought twice about except to think how I would react if it was corrected. I have also seen the cashier skip something and promptly pointed it out. I think these are not accurate comparisons because of the nature of gambling. It's simple. A grocery store puts out bananas for 99c/lb with assumption the register will collect how many pounds they have in stock multiplied by 99 cents. They then can plan the rest of their business accordingly. It's a fair trade that you both agree to. You have 99 cents and the grocery store has a pound of bananas. You each want each others goods, so you trade.

A casino however simply offers a game that, when played many times should come out in their favor but nothing says that it will. Both parties are trying to do whatever they can to come out ahead. As long as it's legal I don't have a problem with it. If grocery stores operated like casinos, then one day when you buy bananas you would pay 99 cents. The next day you would pay $5 and the day after that you would get them for free. There is no set amount that the casino makes everyday. Luck and skill affects them too.
PlayYourCardsRight
PlayYourCardsRight
Joined: Dec 29, 2011
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December 28th, 2016 at 1:11:01 AM permalink
This is blatant stealing. Placing a bit like the is attempting to deceive the dealers and cheat the casino, emphasis on the wordates cheat.

A gamblers objective when playing should be to win by playing fairly. Also, follow the rules and have a good time.

The casino doesn't cheat players and players should not cheat the casino.
RS
RS
Joined: Feb 11, 2014
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December 28th, 2016 at 1:20:27 AM permalink
Quote: PlayYourCardsRight

The casino doesn't cheat players and players should not cheat the casino.



"What would Brian Boitano do?"
PlayYourCardsRight
PlayYourCardsRight
Joined: Dec 29, 2011
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  • Posts: 88
December 28th, 2016 at 1:47:36 AM permalink
So you are saying casinos cheat? Do tell. Be specific, please.

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