Mandrakewzrd
Joined: Jul 25, 2019
• Posts: 12
September 6th, 2019 at 3:54:49 PM permalink
Hi there. Looking for proffit in this nice table game, i want to ask if there is any simulation or calculation for this variant, to know if the house edge could be minimize to zero or be finally an ev+ game.
This variant allow to discard 1 hand card, buy 1 card at the ante price, and still fold if there is no possible play. F. E. : looking for straight or flush and no complete it.
So, the worst scenario in this variant is to loose 2 antes and 1 bet. For exemple with a pair of 2 usually i buy 1 card looking for trips or DP, or in any situation that the hole dealer's card is bigger than my pair. If i got a pair of 6 and hole card is 5 or less, i play directly whit no buying a card.
I hope to understand my question. My english is poor, i know. Thanks mates!!
Mandrakewzrd
Joined: Jul 25, 2019
• Posts: 12
September 6th, 2019 at 4:04:28 PM permalink
I read the Wizard's Ocean caribbean description and strategies. Finally, it says "The lower right cell shows a house edge of 1.04%.

After possibly switching and raising, the average final bet, including the switching fee, will be 2.183772 units. The element of risk is thus 0.475%. On average the player will switch 8.4% of the time."
Honestly, can't get it. Is it proffitable or not? 🤔
kubikulann
Joined: Jun 28, 2011
• Posts: 905
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September 7th, 2019 at 3:12:12 AM permalink
It is not profitable.
(If it were, no casino would offer it.)

Half a percent element of risk is comparable to Blackjack. Variance is higher, though, which in my opinion is good since we look for a positive result.

Higher variance and higher min bet (3 x ante) means you need a deeper bankroll and a resistance to losses in waiting for the occasional positive surge.
Reperiet qui quaesiverit
kubikulann
Joined: Jun 28, 2011
• Posts: 905
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September 7th, 2019 at 3:16:34 AM permalink
Résistance to losses also means refraining from buying when you get a bad hand.

Your examples show bad decision: the price of buying is too high for the expected reward. Just accept a small pair, and wait for a next hand to be better.
Reperiet qui quaesiverit
gordonm888
Joined: Feb 18, 2015
• Posts: 3379
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September 7th, 2019 at 10:00:27 AM permalink
As you have noticed, the version of Carribean Stud that you describe is a variant of Oasis Poker.

Of course, there are many instances in which discarding one card and buying a second card is profitable for the player. Leading examples are when you have four cards to an open-ended straight or flush (or both).
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
Mandrakewzrd
Joined: Jul 25, 2019