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NightStalker
NightStalker
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February 2nd, 2011 at 2:19:59 PM permalink
I was playing on the pai-gow table with three other players and it's my turn to bank.
Three other players are betting: 50, 100, 100$
Dealer asked me: How much to bet upto 1000$?

What should be the best bet here: 100,250,1000 ?
How to find out the ideal bet? Can anyone recommend good reading on the PGP? It's easy to figure out when all ploppies are betting equal amount. Any thoughts?
Paigowdan
Paigowdan
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February 2nd, 2011 at 2:40:55 PM permalink
Stanford Wong discusses banking strategy bankroll management in his tome, "Optimal Play for Pai Gow Poker," Pi Yee Press.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
Wizard
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Wizard
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February 2nd, 2011 at 3:25:04 PM permalink
I voted for $1,000. As I understand what you're saying, that is the amount you would have bet against the dealer the last hand. If you're comfortable betting that high, then invoke your right to do so when you have the banker's advantage.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
NightStalker
NightStalker
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Joined: Jul 25, 2010
February 2nd, 2011 at 3:33:58 PM permalink
Quote: Wizard

I voted for $1,000. As I understand what you're saying, that is the amount you would have bet against the dealer the last hand. If you're comfortable betting that high, then invoke your right to do so when you have the banker's advantage.



Ignorning the comp value and my comfortable level. Are you saying 1000$ bet will gives me maximum advantage/EV?

As what I read from your pai-gow poker pager, Banking alone agains the house is not enough to provide player an advantage over the house(5%commission).

Other Players House Edge
1 +0.20%
2 -0.02%
3 -0.10%
4 -0.15%
5 -0.19%
6 -0.21%

Advantage comes when playing against more than 1 player- as commission is charged on total winnings-after offset against losing, right?
If dealer bets 1000$, and rest 100,50. My net commission will purely depends on whether I beat the dealer or not(only one other player)- hence it may be -EV for me asking dealer to bet 1000$. I am certain if dealer bets 100$, it'll be +EV play for me. Please correct me if my understanding is wrong?
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