December 26th, 2023 at 5:36:02 PM
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I have noticed that in the two NE Florida card rooms I have gone to, the UTH Blind paytable is different from standard. Most hands are the same, but a Flush Pays 2-1 instead of 3-2, and the Royal pays 200-1 instead of 500-1. I can think of two reasons why they would do this.
First, it eliminates the half-unit pays (table min is $5), which makes payouts simpler for the Designated Player, as he doesn't need $2.50 chips or 50c pieces. Second, having the max payout set at 200-1 means there would be no handpays or pesky IRS paperwork.
However, if my math is correct (I dropped the Return Table from Wiz's UTH Page into Excel and changed the appropriate pay values), I show a house edge of 1.82% vs. the standard 2.19%.
Thoughts? Did I screw up somewhere along the way, or is UTH really a better deal in FL?
First, it eliminates the half-unit pays (table min is $5), which makes payouts simpler for the Designated Player, as he doesn't need $2.50 chips or 50c pieces. Second, having the max payout set at 200-1 means there would be no handpays or pesky IRS paperwork.
However, if my math is correct (I dropped the Return Table from Wiz's UTH Page into Excel and changed the appropriate pay values), I show a house edge of 1.82% vs. the standard 2.19%.
Thoughts? Did I screw up somewhere along the way, or is UTH really a better deal in FL?
"Dealer has 'rock'... Pay 'paper!'"
December 26th, 2023 at 6:39:40 PM
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Quote: Joeman
However, if my math is correct (I dropped the Return Table from Wiz's UTH Page into Excel and changed the appropriate pay values), I show a house edge of 1.82% vs. the standard 2.19%.
Thoughts? Did I screw up somewhere along the way, or is UTH really a better deal in FL?
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Without seeing the numbers in front of me, it wouldn't surprise me at all if a 33% increase in a flush payout outweighs a 60% decrease on a royal flush.
Do you remember what Trips payout they use? They probably plan on making their money that way.
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
December 26th, 2023 at 6:59:14 PM
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It's the 3-4-7-8 (3.5% HE) payout. I think you're right, and they do. I occasionally play Trips, but I'm usually the only one at the table who doesn't play it every hand.Quote: DeucekiesDo you remember what Trips payout they use? They probably plan on making their money that way.
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However, these are player banked games, and the house takes a rake from the Designated Player each hand. So, the house gets paid the same regardless of the HE of the games.
Interesting story from last night. I sat down and won my first 5 hands. On the 6th, I felt it appropriate to tip the dealer. So, I put up $5 + $5 on the Trips (my first Trips bet of the night). Hit runner-runner quads! $150 for both of us!
ETA, they also have a Ultimate Pair Bonus side bet that pays if you are dealt a pocket pair or Ace-Face. I don't remember the paytable, and Google doesn't have much to say about it.
"Dealer has 'rock'... Pay 'paper!'"
December 26th, 2023 at 10:28:41 PM
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Quote: Joeman
ETA, they also have a Ultimate Pair Bonus side bet that pays if you are dealt a pocket pair or Ace-Face. I don't remember the paytable, and Google doesn't have much to say about it.
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Here are the paytables offered in WA. Incidentally the Blind paytable you mentioned is not available in WA. It must be excluding to a player-banked game.
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