Caribbean Stud Jackpot Help
March 23rd, 2011 at 3:04:43 PM
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Hi, I am wondering at what amount the jackpot needs to be for this game to break even.
Game Name: Caribbean Stud/Cyberstud Poker.
Regular Game Pay Table (Standard Payout)
Royal Flush 100:1
Straight Flush 50:1
Four of a Kind 20:1
Full House 7:1
Flush 5:1
Straight 4:1
Three of a Kind 3:1
Two Pair 2:1
One Pair 1:1
High Card 1:1
HE: 2.56%/unit wagered
Optional Bonus Bet
Cost: $00.10
Royal Flush 100% of Jackpot
Straight Flush 10% of Jackpot
Four of a Kind 5% of Jackpot
Full House 150* Side Bet (or $15.00)
Flush 75* Side Bet (or $7.50)
Straight 50* Side Bet (or $5.00)
Dealer does not need to qualify to win side bet.
Any help?
Game Name: Caribbean Stud/Cyberstud Poker.
Regular Game Pay Table (Standard Payout)
Royal Flush 100:1
Straight Flush 50:1
Four of a Kind 20:1
Full House 7:1
Flush 5:1
Straight 4:1
Three of a Kind 3:1
Two Pair 2:1
One Pair 1:1
High Card 1:1
HE: 2.56%/unit wagered
Optional Bonus Bet
Cost: $00.10
Royal Flush 100% of Jackpot
Straight Flush 10% of Jackpot
Four of a Kind 5% of Jackpot
Full House 150* Side Bet (or $15.00)
Flush 75* Side Bet (or $7.50)
Straight 50* Side Bet (or $5.00)
Dealer does not need to qualify to win side bet.
Any help?
March 27th, 2011 at 2:58:51 AM
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I just found out that Wizard has listed a side bet pay table for this game almost exactly like the one above except the side bet costs $1.
It can be viewed here.
It is side bet pay table 12.
Am I correct in assuming that since the only difference is that Wizard's table assumes the side bet is $1 I just divide the breakeven point on his table by 10 to get $2949.124?
Also, about the interpretation of this break even point.
Does a jackpot of $2949.124 mean that this game will have a 0% HE or a 100% return?
Does a jackpot of $2949.124, break even, even with the normal games HE of 2.555%?
Also, a further question; the Caribbean Stud I play has comps. This raises the return of the game to 97.570%. This, I am assuming would lower the break even point of the jackpot.
Can anyone tell me at what point the jackpot would need to be for this game to break even, inclusive of comps?
Hoping someone can help.
It can be viewed here.
It is side bet pay table 12.
Am I correct in assuming that since the only difference is that Wizard's table assumes the side bet is $1 I just divide the breakeven point on his table by 10 to get $2949.124?
Also, about the interpretation of this break even point.
Does a jackpot of $2949.124 mean that this game will have a 0% HE or a 100% return?
Does a jackpot of $2949.124, break even, even with the normal games HE of 2.555%?
Also, a further question; the Caribbean Stud I play has comps. This raises the return of the game to 97.570%. This, I am assuming would lower the break even point of the jackpot.
Can anyone tell me at what point the jackpot would need to be for this game to break even, inclusive of comps?
Hoping someone can help.
March 27th, 2011 at 3:28:16 AM
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Ain't never heard of CyberStud Poker.
Is it really the same thing as Caribbean? (And how is that sea properly pronounced, anyway?)
I assume that the Jackpot in question is some progressive bet, the amount of which is displayed on some totalizer board and, I would hope, on a website somewhere. (I know some Bingo progressives actually get into Positive Expected Value from time to time).
Anyway, I can certainly tell you that the progressive will NEVER be 2949.124. It will go directly from 2949.12 and then become 2949.13. I do know that much math!!
As to comps, that depends on your time and your action as well as on the whims of the Pit Critters. The Progressive depends upon the whims of Lady Variance a/k/a Lady Luck. There is some question as to which is more reliable, but I think we can assume that you are indeed likely to get Comps, but can not ever say that the Progressive is "due" to hit.
I think that a house edge of 5.24 percent is pushing it a bit, but one of my favorite games is roulette which is 5.26 percent so I really should shut my yap about House Edge. Now with "perfect play" and "perfect collusion" ... one only gets down to 2.23 percent ... I'd say that the only "perfect" you will ever encounter in a casino is either the martini served to you or the cocktail waitress who serves it.
Is it really the same thing as Caribbean? (And how is that sea properly pronounced, anyway?)
I assume that the Jackpot in question is some progressive bet, the amount of which is displayed on some totalizer board and, I would hope, on a website somewhere. (I know some Bingo progressives actually get into Positive Expected Value from time to time).
Anyway, I can certainly tell you that the progressive will NEVER be 2949.124. It will go directly from 2949.12 and then become 2949.13. I do know that much math!!
As to comps, that depends on your time and your action as well as on the whims of the Pit Critters. The Progressive depends upon the whims of Lady Variance a/k/a Lady Luck. There is some question as to which is more reliable, but I think we can assume that you are indeed likely to get Comps, but can not ever say that the Progressive is "due" to hit.
I think that a house edge of 5.24 percent is pushing it a bit, but one of my favorite games is roulette which is 5.26 percent so I really should shut my yap about House Edge. Now with "perfect play" and "perfect collusion" ... one only gets down to 2.23 percent ... I'd say that the only "perfect" you will ever encounter in a casino is either the martini served to you or the cocktail waitress who serves it.
March 27th, 2011 at 3:59:42 AM
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Quote: FleaStiffAin't never heard of CyberStud Poker. Is it really the same thing as Caribbean?.
Cyberstud Poker is aka Caribbean Stud.
Quote: FleaStiffAnyway, I can certainly tell you that the progressive will NEVER be 2949.124. It will go directly from 2949.12 and then become 2949.13..
Thanks, I will just put it as $2949.13.
Quote: FleaStiffAs to comps, that depends on your time and your action as well as on the whims of the Pit Critters.
I play online.
Quote: FleaStiffI think that a house edge of 5.24 percent is pushing it a bit...
That's the HE/unit wagered. Better to view it as expected loss to the average wager, which is 5.224%/2.045 = 2.555%.
Quote: FleaStiffI'd say that the only "perfect" you will ever encounter in a casino is either the martini served to you or the cocktail waitress who serves it.
You can play this perfectly online with a bot.
March 27th, 2011 at 4:31:13 AM
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>I play online.
Ah,,, well, no perfect martinis unless you mix them yourself, but then in cyberspace all females are perfect.
>That's the HE/unit wagered. Better to view it as expected loss to the average wager, which is 5.224%/2.045 = 2.555%.
I've never quite understood this distinction.
>You can play this perfectly online with a bot.
H'mmm. Never thought of that. Are there other players online at your table or are you the only real player? Does the online casino know that you are a bot? Do they care? How many are live players and how many are bots?
Ah,,, well, no perfect martinis unless you mix them yourself, but then in cyberspace all females are perfect.
>That's the HE/unit wagered. Better to view it as expected loss to the average wager, which is 5.224%/2.045 = 2.555%.
I've never quite understood this distinction.
>You can play this perfectly online with a bot.
H'mmm. Never thought of that. Are there other players online at your table or are you the only real player? Does the online casino know that you are a bot? Do they care? How many are live players and how many are bots?
March 27th, 2011 at 5:32:50 AM
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Quote: FleaStiffAre there other players online at your table or are you the only real player?
It's only one player online.
Quote: FleaStiffDoes the online casino know that you are a bot? Do they care?
Depends on the casino.
