VPRookie
VPRookie
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March 19th, 2019 at 4:52:39 AM permalink
I think there is a typo on https://wizardofodds.com/games/bet-on-poker/. The probability that any given position will win, or tie for the win, is typed as 18.41%, but on https://wizardofodds.com/games/texas-hold-em/6-player-game/ it is written as 18.14%. I think the numbers 8.33% and 2.25, representing probability of a tie and the average number of players involved in a tie, should be checked too. Using these numbers I get a house edge of 4.31% quite close to 4.28% as written on the site. A slight difference because of rounding. But when using the new probability (18.14%) I get RTP of 94.33% or a house edge of 5.67%. If the 18.14% probability is correct than numbers 8.33% and 2.25 (or at least one of them) are (is) not.

I mean only the initial round of betting at odds 5.2 for 1.

It will be nice if Wizard or someone of his team take a look into this matter.
VPRookie
VPRookie
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March 25th, 2019 at 7:51:32 AM permalink
So, 18.41% or 18.14%?

Any input will be appreciated.
odiousgambit
odiousgambit
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March 25th, 2019 at 1:28:51 PM permalink
Quote: VPRookie

So, 18.41% or 18.14%?

Any input will be appreciated.

Any input? OK, I say this is the best screenshot



umm, I guess you are feeling frustrated, but you are asking everyone to care about, well, something no one cares about?

You're right, that's not true since you do. Why don't we say you have cracked this and are right in your opinion.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
VPRookie
VPRookie
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March 28th, 2019 at 9:07:35 AM permalink
I played this game at initial odds of 5.5 for 1. I thought I had a good advantage of 1.25%. But after a long losing streak I got suspicious of the number 18.41%. Thus I came on https://wizardofodds.com/games/texas-hold-em/6-player-game/ and found the 18.14% probability. With the new number (18.14%) the house, unfortunately, has an edge of 0.23%.

It is interesting why no one of the administration of this reputable site cares to check the numbers 18.41%, 8.33% and 2.25 (and correct them, if they are wrong, on https://wizardofodds.com/games/bet-on-poker/ ).

Maybe I should had posted the topic under Table Games tab.
beachbumbabs
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beachbumbabs
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March 28th, 2019 at 11:47:01 AM permalink
Quote: VPRookie

I played this game at initial odds of 5.5 for 1. I thought I had a good advantage of 1.25%. But after a long losing streak I got suspicious of the number 18.41%. Thus I came on https://wizardofodds.com/games/texas-hold-em/6-player-game/ and found the 18.14% probability. With the new number (18.14%) the house, unfortunately, has an edge of 0.23%.

It is interesting why no one of the administration of this reputable site cares to check the numbers 18.41%, 8.33% and 2.25 (and correct them, if they are wrong, on https://wizardofodds.com/games/bet-on-poker/ ).

Maybe I should had posted the topic under Table Games tab.



Wizard does care, and is constantly making corrections to the WoO data. I would guess he hasn't seen this inquiry, because he reads less than 5% of what gets posted on average. Usually he appreciates people catching errata, but you're being a little rude, so maybe not this time. Lol...

Anyway I'll direct him to this thread for you. A PM also works, for those who find things that need addressing (like this) in the future.
If the House lost every hand, they wouldn't deal the game.
Wizard
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Wizard
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March 28th, 2019 at 2:56:59 PM permalink
Quote: beachbumbabs

Wizard does care, and is constantly making corrections to the WoO data.



Thank you. Yes, I do indeed care. I don't immediately see the reason for the contradiction. I'll have to dig deeper into this. This could take several hours, but I will do whatever it takes to ensure any number above my name is accurate.
It's not whether you win or lose; it's whether or not you had a good bet.
Wizard
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Wizard
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March 28th, 2019 at 4:33:25 PM permalink
Okay, I've looked into this further and find the page on BetOnPoker to be in error and the six-player simulation page to be correct. Here are some details on a simulation I just ran, which looked at the number of players who had the winning hand or tied for it.

Winning players Probability
1 0.927857
2 0.063938
3 0.005375
4 0.000157
5 0.000000
6 0.002673
Total 1.000000


Summary:

Prob any given player wins or ties for win = 0.181420
Prob tie = 0.072143
Avg players in a chop = 2.22704

I apologize for the error.
It's not whether you win or lose; it's whether or not you had a good bet.
Dobrij
Dobrij
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April 21st, 2019 at 10:35:08 AM permalink
Hello!

Guys, this is a game from the BetGames studio, ^&%420&&^^)
Last edited by: Dobrij on Apr 21, 2019
w88club
w88club
Joined: Jun 21, 2019
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June 21st, 2019 at 12:25:23 AM permalink
Yes, I see that. Thank you very much.
smoothgrh
smoothgrh
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Thanks for this post from:
odiousgambit
June 21st, 2019 at 9:45:43 AM permalink
Quote: Wizard


Summary:

Prob any given player wins or ties for win = 0.181420



As a fan of fact-checking, I appreciate that you took the time to investigate this and present the information with precision.

It seems like a statistically small error (to this non-math person at least), but the world feels a bit more tidy because of your effort!

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