March 12th, 2012 at 2:03:10 PM
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I believe the following pay table, #2 according to the wizardofodds.com is what is primarily seen at most casinos. I just want to make sure I am reading the chart correctly and that the overall house edge for the side bet is just under 2%, which I believe is pretty good for a side bet.
Trips Bet - Pay Table 2
Player Hand Combinations Pays Probability Return
Royal flush 4324 50 0.000032 0.001616
Straight flush 37260 40 0.000279 0.01114
Four of a kind 224848 30 0.001681 0.05042
Full house 3473184 8 0.025961 0.207688
Flush 4047644 6 0.030255 0.18153
Straight 6180020 5 0.046194 0.230969
Three of a kind 6461620 3 0.048299 0.144896
All other 113355660 -1 0.8473 -0.8473
Total 133784560 1 -0.01904
So overall house edge is 1.9%?
Trips Bet - Pay Table 2
Player Hand Combinations Pays Probability Return
Royal flush 4324 50 0.000032 0.001616
Straight flush 37260 40 0.000279 0.01114
Four of a kind 224848 30 0.001681 0.05042
Full house 3473184 8 0.025961 0.207688
Flush 4047644 6 0.030255 0.18153
Straight 6180020 5 0.046194 0.230969
Three of a kind 6461620 3 0.048299 0.144896
All other 113355660 -1 0.8473 -0.8473
Total 133784560 1 -0.01904
So overall house edge is 1.9%?
March 12th, 2012 at 2:09:53 PM
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Yes .
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
March 12th, 2012 at 2:13:10 PM
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That is the correct analysis.
Just remember you lose 85% of the hands.
Theoretical house edge and real life results are seldom the same thing.
Just remember you lose 85% of the hands.
Theoretical house edge and real life results are seldom the same thing.
In a bet, there is a fool and a thief.
- Proverb.
March 12th, 2012 at 2:47:51 PM
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Quote: WongBoThat is the correct analysis.
Just remember you lose 85% of the hands.
Theoretical house edge and real life results are seldom the same thing.
Thank god...otherwise I would never gamble...