Pai gow poker - expected loss
November 12th, 2011 at 6:50:29 AM
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Hi! Does anyone happen to know how is your expected loss calculated by the casinos when you are playing pai gow poker?
Usually Mr. Wizard adresses to it in his reviews, but I am not quite sure about this one because of the possibility of banking and also because of the peace.
Another question regarding it: there are 3 house edges listed on the website, one for the banker, another one for the player and finally a combined.
If I bet significantly more when I am banking, does it make difference overall? May I do so?
Thanks in advance!
Usually Mr. Wizard adresses to it in his reviews, but I am not quite sure about this one because of the possibility of banking and also because of the peace.
Another question regarding it: there are 3 house edges listed on the website, one for the banker, another one for the player and finally a combined.
If I bet significantly more when I am banking, does it make difference overall? May I do so?
Thanks in advance!
No bounce, no play.
November 12th, 2011 at 6:59:19 AM
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You can't bet more when you're banking. They look at your last bet and bank you for that amount. The chance of a copy hand (on the front or back) is about 2.65%. That's the difference that swings the bet into your favor.
However, if you have players betting while you're banking, the edge does swing into the banker's favor. And if you're using a better strategy than the house ways (which is quite frequent), the swing goes more into your favor.
The expected loss is usually what you're betting times the amount bet. In the case of banking, the house edge would be a complex calculation based on the amount bet by those players.
However, if you have players betting while you're banking, the edge does swing into the banker's favor. And if you're using a better strategy than the house ways (which is quite frequent), the swing goes more into your favor.
The expected loss is usually what you're betting times the amount bet. In the case of banking, the house edge would be a complex calculation based on the amount bet by those players.
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You want the truth! You can't handle the truth!
November 12th, 2011 at 9:29:10 AM
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Quote: boymimboYou can't bet more when you're banking. They look at your last bet and bank you for that amount. The chance of a copy hand (on the front or back) is about 2.65%. That's the difference that swings the bet into your favor.
The hand copy affects the two-card side, no real effect on the five-card side, and it occurs once in 40 hands, or 2.5%, so the effect on house edge is nominally half that or 1.25%, due to the effect on one side. In real world play, due to house strategy, etc., the effect is less than 1%.
Additionally, the allowance of player banking is at the discretion of the casino, and many do not allow player banking in Pai gow Poker, making the effect similar to three-card poker, deuces wild, Ultimate Texas Hold 'em, etc., which also do not allow banking.
Ameristar casinos, and the Cannery properties, etc, no longer have player banking in Pai Gow Poker. A trend long overdue, IMHO.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
November 12th, 2011 at 11:19:00 AM
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Speaking of copies, twice I've had a 7-card copy, once while banking; that was the best $10 I have ever won.
Why do you say that?
Quote: Paigowdanmany do not allow player banking in Pai gow Poker ... a trend long overdue, IMHO.
Why do you say that?
November 12th, 2011 at 11:24:48 AM
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Some casino operators have gotten rid of player banking in their casino pit Pai Gow Poker games. Ameristar and Cannery come to mind.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
