https://wizardofodds.com/games/dj-wild/
As always, side bets are sucker bets almost always, but I'm always fascinated on side bets that have the lowest house edge to them and there's some potential this side bet could be fairly low.
Quote: zbrownsonI believe this bet pays on Trips or better. Another way of looking at the two-way bad beat is to say you are paying the second highest hand. In this case, using the Wizards analysis, a player will have less than trips 77.9145% (according to Trips side bet paytable). So if you take (1-0.779145)^2, which is the odds of both hands being trips or better, you get a quick estimate of the hit frequency of 4.88% (not precise as it doesn't take into account cards used in the first hand not being available in the other), but is probably good for an estimate. The real number is likely a little bit lower, since wilds will often account for trips in one of the hands which make the other hand harder to hit (with less wilds to use), but again just a quick 30 second estimate that errors on the high side...
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As zbrownson mentions, when your hand has a one or more wilds, the frequency of dealer making a hand that is trips or better is lower because dealer has fewer wilds with which to make a good hand. I estimate the first order correction to account for this is that the two-way bad beat frequency would be reduced by about 18%, which makes the two-way bad beat frequency very close to 4.0%.
https://wsgc.wa.gov/sites/default/files/2023-11/DJ%20Wild%20Stud%20Poker%20%20Add%20Cover%20All%20.pdf