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Nathan
Nathan
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May 22nd, 2018 at 7:44:20 PM permalink
Thanks Prozema and Flea! :D So a Bad Beat example would be ,"Yes! I got a straight flush! I won! I won the highest and best hand ever! I am going to get paid well!" The dealer gives me a sympathetic look and tells me,"Actually, a royal flush is the best hand ever. And that guy two chairs away from you got the royal flush." I look in despair at the guy with the Cheshire cat smirk on his face as he gleefully shows me his royal flush that beats(No pun intended, ;)) my straight flush. I can't believe I lost. But then the dealer tells me that I in luck, and the good kind of luck, lady luck who we all need when gambling. "We are playing Bad Beat, so you actually win a share of the royal flush's win with your second best win!" The share I get is huge and was substantially a lot more than I paid to play, so I am a happy camper, er, gambler. ;) Did I get my hypothetical example right? :)
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
prozema
prozema
Joined: Oct 24, 2016
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May 22nd, 2018 at 7:49:08 PM permalink
For a live poker game, you are close. The bad beat does not take away any of the amount the winner is due, but a side prize is awarded that typically makes the win or lose a moot point.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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Thanks for this post from:
RStrustthemath
May 22nd, 2018 at 8:00:26 PM permalink
Quote: prozema

A bad beat usually refers to a poker based game where the player loses even though they have a hand that typically wins. On most poker based table games where the dealer takes a hand, it is a side bet. In live poker rooms part of each pot is raked into a jackpot. Usually in live poker it requires losing with quads. Table games have various paytables.

A bad beat is when you get picked as a MOD over OD.

For both of you.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
prozema
prozema
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May 22nd, 2018 at 8:13:57 PM permalink
I voted for Nathan.
Nathan
Nathan
Joined: Sep 2, 2016
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May 22nd, 2018 at 8:26:45 PM permalink
Quote: prozema

I voted for Nathan.



Thank you for the literal vote of confidence! :D
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
Nathan
Nathan
Joined: Sep 2, 2016
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May 22nd, 2018 at 8:28:27 PM permalink
Quote: prozema

For a live poker game, you are close. The bad beat does not take away any of the amount the winner is due, but a side prize is awarded that typically makes the win or lose a moot point.



I wonder how much the typical side prize is.
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
prozema
prozema
Joined: Oct 24, 2016
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May 22nd, 2018 at 8:40:15 PM permalink
Quote: Nathan

I wonder how much the typical side prize is.



Its not unusual to see a Texas holdem bad beat well over$20k. Omaha bad beats are a lot lower.... $1kish.
Joeman
Joeman
Joined: Feb 21, 2014
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May 23rd, 2018 at 5:00:14 AM permalink
Quote: Nathan

I wonder how much the typical side prize is.

For live poker here in Jax, the Bad Beat Jackpot is currently over $220k, with a qualifier of quad 10's (both cards in your hand must play). The way it works is 50% goes to the player who loses with a qualifying hand, 25% goes to the winner, and the remaining 25% gets divided up among the remaining players at the table who were dealt in that hand.

For example, say you start with pocket 10's, and I have JQh, and the board is 10h Kh 9h 10s 2d. At showdown, your quad 10's would lose to my straight flush. If the jackpot was at $220k, you would get $110k, I would get $55k, and everyone else at the table would split $55k evenly.

However, as mentioned previously, when you are not talking about a jackpot situation, the term 'bad beat' means something a little different. It refers to a situation where a player is an overwhelming favorite to win the hand after the flop or the turn, and ends up losing.

The 'worst' example I have seen at the tables was when one player flopped a full house and got beaten by an opponent who hit runner-runner quads. In this case, the player had a full house after the first 3 cards were dealt and was a 99+% percent favorite to win the hand. The only way for the opponent to win was to draw the only two cards in the deck that would have turned his pocket pair into four of a kind. And that is what happened.

In this sense, I wouldn't call my jackpot example above a 'bad beat' because although you may have been a slight favorite (~55%) to win the hand at the start, once the flop came out, you would have had no chance of winning the hand. I would call that a 'tough' beat, but not necessarily 'bad.' But you wouldn't care because you'd be $110k richer. Don't forget to tip your dealer! :)
Last edited by: Joeman on May 23, 2018
"Dealer has 'rock'... Pay 'paper!'"
AxelWolf
AxelWolf
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May 23rd, 2018 at 6:25:54 AM permalink
Quote: Joeman

Don't forget to tip your dealer! :)

Ya, but what would they be expecting for that? Probably 10k, and they would be pissed off unless you gave them at least 5k. Sorry, but I'm not giving a dealer 10k for doing his/her job. I'm already tipping on most pots.

So, if they are expecting 10k and they won't be happy unless they get at least 5k( I'm not tipping 5k either) I mise well just give them 1k. If I really thought they would be happy with $2500 I would tip that, but I know they will not truly be happy with that. 1k it is.

If a dealer deals me a bad beat and there is no bad beat jackpot, will the dealer make up my losses on the bad beat?

How much do people tip the cashiers and lottery people when they win?
Last edited by: AxelWolf on May 23, 2018
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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May 23rd, 2018 at 7:36:21 AM permalink
Quote: AxelWolf

How much do people tip the cashiers and lottery people when they win?

Not one red cent. Though the men usually promise a trip to the British Virgin Islands to the girl at the grocery store who sells them the ticket. It doesn't mean he has the slightest intention of delivering on that promise.

Everyone knows the lottery is a rip off and is a governmental organization.

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