DrReyman
DrReyman
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October 26th, 2011 at 2:46:08 AM permalink
I'm wondering what the odds are if the player 'plays' every hand regardless of what it is. Never bets on Pair Plus. Starts the Ante bet at $5 (there by matching $5 in the play). If player loses that hand, increase ante bet to $10 next hand. If lost, increase ante to $30. If lost, increase ante to $90. If lost, bet max ante $100 (on a $5-$100 table) . If at any time a player gets a push (due to a dealer not qualifying with a queen or better, and wins ante only) or wins the hand, then start the ante bet back at $5 and repeat process. Buy in at $470.
¿ ... ?

Here's the thing,
I've tried this 19 times playing about an average of 2 and a half hours each time. I've lost it all three times and the other 16 times I've been up varying amounts from $110 to $1000. I'm wondering if this is a good thing to do or if some how I'm just beating the odds temporarily and getting lucky? Or found a good place to play with how the table is worked with shuffling, dealer, etc.
Anyone?
FinsRule
FinsRule
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October 26th, 2011 at 4:17:06 AM permalink
The odds are not good if you play every hand.

The odds are good that you will lose all $470 playing that way if you try this strategy for a few hours at a 3CP table.
Mosca
Mosca
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October 26th, 2011 at 7:04:54 AM permalink
There is no such thing as a betting strategy that will alter the chance of winning or losing. The only chance you have in the game depends on your looking at your cards and making a decision to play or fold. It's the difference between the house edge and the element of risk; you can lessen the element of risk by folding the bad hands.
A falling knife has no handle.
DrReyman
DrReyman
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October 26th, 2011 at 12:17:08 PM permalink
By folding the bad hands, but if the dealer doesn't have at least a queen then you'd get paid your ante. Odds are over 69% of getting a queen but doesn't seem that way.
rdw4potus
rdw4potus
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October 26th, 2011 at 12:23:37 PM permalink
Quote: DrReyman

By folding the band hands, but if the dealer doesn't at least have a queen then you'd get paid your ante.



Sure. And you're risking 2 chips to win 1 in this case. What are the odds that the dealer will have at least a queen? If they're better than the 1:2 payout on your bet, you're in trouble...
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
DrReyman
DrReyman
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October 26th, 2011 at 12:26:03 PM permalink
That's the part I always think about. What kind of an edge the house has by only having to pay out the ante if they don't have at least a queen high.
DrReyman
DrReyman
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October 26th, 2011 at 12:30:42 PM permalink
Are the odds progressive? As in, what are the odds that I will not only LOSE 4 hands in a row, but also that the dealer will qualify all 4 times in a row. Make it 5 times in a row to include the $100 life line bet at the end. Does each hand have exactly the same chance regardless of the previous hands or not?
rdw4potus
rdw4potus
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October 26th, 2011 at 12:35:52 PM permalink
Quote: DrReyman

Are the odds progressive? As in, what are the odds that I will not only LOSE 4 hands in a row, but also that the dealer will qualify all 4 times in a row. Make it 5 times in a row to include the $100 life line bet at the end. Does each hand have exactly the same chance regardless of the previous hands or not?



If the deck is reshuffled after each hand, then the odds are the same for each hand. The past hands do not influence the future hands in any way.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Mosca
Mosca
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October 26th, 2011 at 12:46:16 PM permalink
Quote: DrReyman

Are the odds progressive? As in, what are the odds that I will not only LOSE 4 hands in a row, but also that the dealer will qualify all 4 times in a row. Make it 5 times in a row to include the $100 life line bet at the end. Does each hand have exactly the same chance regardless of the previous hands or not?



Each hand has exactly the same odds.

I don't have enough fingers and toes to count the number of times I've sat down and lost more than 5 hands in a row to start. I've lost 10 in a row more times than I can remember. Go to Bodog and fire up their 3 card simulator, or 3 Card Poker Online. It's just the way the game is. And from my perspective, without the bonus bet it's boring. It doesn't move fast enough to justify the higher edge over blackjack. It's the chance to win 40x that makes the blood pump.

edit: I just quickly played according to your strategy. Starting with $1000, and $25/bet, it took 39 hands to lose $500. The highest my bankroll got was $1050 (I won the first hand). I won 13 hands and lost 26. Once during the 39 hands I lost 6 in a row.

Hands Played: 39
Most Money: $1,050
Least Money: $500
Pair Plus Win %: 12.8% (I didn't play PP, but the game calculates it anyhow)
Fold %: 0.0%
Lose %: 66.7%
Win %: 33.3%
A falling knife has no handle.
DrReyman
DrReyman
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October 26th, 2011 at 12:47:41 PM permalink
Quote: rdw4potus

If the deck is reshuffled after each hand, then the odds are the same for each hand. The past hands do not influence the future hands in any way.



Thank you.
DrReyman
DrReyman
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October 26th, 2011 at 12:48:33 PM permalink
Quote: Mosca

Each hand has exactly the same odds.

I don't have enough fingers and toes to count the number of times I've sat down and lost more than 5 hands in a row to start. I've lost 10 in a row more times than I can remember. Go to Bodog and fire up their 3 card simulator, or 3 Card Poker Online. It's just the way the game is. And from my perspective, without the bonus bet it's boring. It doesn't move fast enough to justify the higher edge over blackjack. It's the chance to win 40x that makes the blood pump.



Thank you
DrReyman
DrReyman
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October 26th, 2011 at 1:40:15 PM permalink
Quote: Mosca

Each hand has exactly the same odds.

I don't have enough fingers and toes to count the number of times I've sat down and lost more than 5 hands in a row to start. I've lost 10 in a row more times than I can remember. Go to Bodog and fire up their 3 card simulator, or 3 Card Poker Online. It's just the way the game is. And from my perspective, without the bonus bet it's boring. It doesn't move fast enough to justify the higher edge over blackjack. It's the chance to win 40x that makes the blood pump.

edit: I just quickly played according to your strategy. Starting with $1000, and $25/bet, it took 39 hands to lose $500. The highest my bankroll got was $1050 (I won the first hand). I won 13 hands and lost 26. Once during the 39 hands I lost 6 in a row.

Hands Played: 39
Most Money: $1,050
Least Money: $500
Pair Plus Win %: 12.8% (I didn't play PP, but the game calculates it anyhow)
Fold %: 0.0%
Lose %: 66.7%
Win %: 33.3%



You said you started with $25 ante. What was the minimum and maximum bet for the table?
DrReyman
DrReyman
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October 26th, 2011 at 1:51:40 PM permalink
Quote: DrReyman

Quote: Mosca

Each hand has exactly the same odds.

I don't have enough fingers and toes to count the number of times I've sat down and lost more than 5 hands in a row to start. I've lost 10 in a row more times than I can remember. Go to Bodog and fire up their 3 card simulator, or 3 Card Poker Online. It's just the way the game is. And from my perspective, without the bonus bet it's boring. It doesn't move fast enough to justify the higher edge over blackjack. It's the chance to win 40x that makes the blood pump.

edit: I just quickly played according to your strategy. Starting with $1000, and $25/bet, it took 39 hands to lose $500. The highest my bankroll got was $1050 (I won the first hand). I won 13 hands and lost 26. Once during the 39 hands I lost 6 in a row.

Hands Played: 39
Most Money: $1,050
Least Money: $500
Pair Plus Win %: 12.8% (I didn't play PP, but the game calculates it anyhow)
Fold %: 0.0%
Lose %: 66.7%
Win %: 33.3%



You said you started with $25 ante. What was the minimum and maximum bet for the table?




Have to start with $5 bet is what I said for the strategy. I just used your simulator link and here were my results for 39 hands.
Your Stats
Hands Played: 39
Most Money: $1,210
Least Money: $935
Pair Plus Win %: 35.9%
Fold %: 0.0%
Lose %: 43.6%
Win %: 56.4%

ending with the $1,210

I'm going to keep going and see what happens
rdw4potus
rdw4potus
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October 26th, 2011 at 2:01:50 PM permalink
Hands Played: 39
Most Money: $1,250
Least Money: $725
Pair Plus Win %: 17.9%
Fold %: 0.0%
Lose %: 51.3%
Win %: 48.7%

Ended with $925
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
DrReyman
DrReyman
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October 26th, 2011 at 2:04:09 PM permalink
Quote: rdw4potus

Hands Played: 39
Most Money: $1,250
Least Money: $725
Pair Plus Win %: 17.9%
Fold %: 0.0%
Lose %: 51.3%
Win %: 48.7%

Ended with $925



Your Stats [ reset ]
Hands Played: 101
Most Money: $1,630
Least Money: $790
Pair Plus Win %: 26.7%
Fold %: 0.0%
Lose %: 50.5%
Win %: 49.5%
ended with $1,630

maybe I'm just lucky this year
DrReyman
DrReyman
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October 26th, 2011 at 2:18:06 PM permalink
Your Stats [ reset ]
Hands Played: 203
Most Money: $1,975
Least Money: $790
Pair Plus Win %: 26.1%
Fold %: 0.0%
Lose %: 51.2%
Win %: 48.8%
ended with $1,975

Can anyone tell me of a place that has video 3 card poker like this one? lol
rdw4potus
rdw4potus
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October 26th, 2011 at 2:26:57 PM permalink
Quote: DrReyman

Your Stats [ reset ]
Hands Played: 101
Most Money: $1,630
Least Money: $790
Pair Plus Win %: 26.7%
Fold %: 0.0%
Lose %: 50.5%
Win %: 49.5%
ended with $1,630

maybe I'm just lucky this year



In terms of hand strength, I think Mosca and I were somewhat unlikely. The player "should" win the pair plus about 25% of the time. You've been close to that, and we were well below it. Here's a link to the Wizard's page about 3 card poker: https://wizardofodds.com/threecardpoker Playing this way and raising all the time should result in a house advantage of 7.65%, which is about double the optimal house edge in 3 card poker.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
DrReyman
DrReyman
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October 26th, 2011 at 2:30:35 PM permalink
Quote: rdw4potus

Quote: DrReyman

Your Stats [ reset ]
Hands Played: 101
Most Money: $1,630
Least Money: $790
Pair Plus Win %: 26.7%
Fold %: 0.0%
Lose %: 50.5%
Win %: 49.5%
ended with $1,630

maybe I'm just lucky this year



In terms of hand strength, I think Mosca and I were somewhat unlikely. The player "should" win the pair plus about 25% of the time. You've been close to that, and we were well below it. Here's a link to the Wizard's page about 3 card poker: https://wizardofodds.com/threecardpoker Playing this way and raising all the time should result in a house advantage of 7.65%, which is about double the optimal house edge in 3 card poker.





Hands Played: 252
Most Money: $2,540
Least Money: $790
Pair Plus Win %: 25.4%
Fold %: 0.0%
Lose %: 50.0%
Win %: 50.0%
ended with the $2540
rdw4potus
rdw4potus
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October 26th, 2011 at 7:40:43 PM permalink
Something occured to me this evening while I was attempting to stay awake in class. I think Mosca and I played 39 hands because that was all we had the stomach to play. But I think you played 39 hands because you ended on a win. Same with 101 and 203 and 252. You're ending on the session high. Of course, you can do that in real life as well. But it sure is harder with real money:-)

What happens if you do more of a real life scenario? Play for an hour or play for 30 minutes, resolve the last progression, and then quit?
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Mosca
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October 26th, 2011 at 8:35:34 PM permalink
I played $25 and $500 because that's a typical session for me. It took 39 hands to lose the $500 that I would have bought in with.

And I notice that I was mistaken on one important thing, and that I didn't play the Doc's betting system. I was only demonstrating that playing every hand without folding quickly leads to ruin; I wanted to see how often 5 losses in a row occurred. It happened once in 39 hands, 6 in a row. And as you noted, I got rotten hands.

But that's my point. I distinctly recall twice sitting down and losing 10 hands in a row to start and end a 3 Card session. I've also hit more straight flushes than I can remember, including once getting one on my first hand, twice hitting them with $5 up for the dealer, and twice hitting them after announcing "last hand". I once got 3 of a kind on back to back hands. It's just that kind of game. I don't really think that it lends itself to that kind of betting strategy, all of its appeal is in its volatility. But that's just my opinion, of course.
A falling knife has no handle.
BrooklynJake
BrooklynJake
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October 27th, 2011 at 6:26:34 AM permalink
I tried almost the exact same trial starting with $1000 (of play money). I used the standard strategy of never opening unless I had at least a Queen, 6, and 4 all in the same hand, as explained in the Wizard of Odds. Betting $20 on the ante and $10 on Pair Plus because the house advantage on Pair Plus is greater. Even with all this, my results were worse than that of Mosca. I didn't time it, but it wasn't long before the $1000 was GONE. I tried this several other times with similar results. I did a little better when I did NOT play the Pair Plus, but so what. As a result, I do not play 3 card poker. It's good to try things out before you actually use some real cash.
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