Runlikegod777
Runlikegod777
Joined: Oct 15, 2017
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December 12th, 2019 at 6:12:23 AM permalink
The house edge from wizard says The lower right cell shows a house edge of 2.185% per ante bet. However the casino I play the blind pays only 6:5 on flush instead 3:2. how much does this change the house edge?
beachbumbabs
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beachbumbabs
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December 12th, 2019 at 6:24:46 AM permalink
Quote: Runlikegod777

The house edge from wizard says The lower right cell shows a house edge of 2.185% per ante bet. However the casino I play the blind pays only 6:5 on flush instead 3:2. how much does this change the house edge?



Ouch. That's just rude of them. The blind is already severely negative.

Hang on. I should have an answer in a couple minutes, unless someone gets there first.
If the House lost every hand, they wouldn't deal the game.
beachbumbabs
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beachbumbabs
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December 12th, 2019 at 6:47:27 AM permalink
The only change is the amount you are paid when you beat the dealer and hold a flush.

With a 3:2 pay, the HE is .02185

A flush win occurs .025715, (probability of occuring) adding all instances listed on WoO page for UTH.

So a flush win at 3:2 values at .038573 (probability*pay at 1.5)
The same flush win at 6:5 values at .030858 (probability*pay at 1.2)
Difference is .007715, which is added to the HE.

.02185 + .007715 = .029565, or 2.956% HE.
If the House lost every hand, they wouldn't deal the game.
Deucekies
Deucekies
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December 12th, 2019 at 5:22:18 PM permalink
So if flushes pay 6:5, do Ante/Blind bets have to be in $5 increments? If not, changing that payout would lead to a lot more breakage. If the jurisdiction rounds down on breakage, that compounds the house edge even more.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Runlikegod777
Runlikegod777
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December 17th, 2019 at 4:38:38 AM permalink
Quote: Deucekies

So if flushes pay 6:5, do Ante/Blind bets have to be in $5 increments? If not, changing that payout would lead to a lot more breakage. If the jurisdiction rounds down on breakage, that compounds the house edge even more.

''

ya must be in increments of $5

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