Question for a math genius about Caribbean Stud progressives
June 1st, 2011 at 8:51:15 AM
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Hello,
I am from the UK and we have several online casinos offering Caribbean stud. I found that on wizardofodds.com with a normal house edge/progressive payout it is +EV to play this game when the jackpot reaches a certain number.
Lets say for example I find the games jackpot for today is 50k over what it should be for me to breakeven. Lets say I need to post $1 to play and $1 to the progressive jackpot for every hand I play. Obviously the game is +EV at this point but what is the variance and how big should your bankroll be to almost never go broke playing this game?
I am from the UK and we have several online casinos offering Caribbean stud. I found that on wizardofodds.com with a normal house edge/progressive payout it is +EV to play this game when the jackpot reaches a certain number.
Lets say for example I find the games jackpot for today is 50k over what it should be for me to breakeven. Lets say I need to post $1 to play and $1 to the progressive jackpot for every hand I play. Obviously the game is +EV at this point but what is the variance and how big should your bankroll be to almost never go broke playing this game?
