Bad Beat Profitability.
February 25th, 2014 at 1:53:23 PM
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Hi, I'm sure you have all heard of the bad beat pools offered in poker rooms. I am wondering two questions. First of all, assume that you can chop blinds at a casino. What sets of cards, and how big does the bad beat pot have to be in comparison to the rake, to make this a "winning" bet. Feel free to make assumptions on the bad beat rules, or create a table. How do these numbers change when the table is playing as a team? Could there ever be a profitable time where the table, all playing together all agree to chop anything other than potentially profitable hands. When would that scenario occur?
Thanks!
ChiCityGuy
Thanks!
ChiCityGuy
February 27th, 2014 at 1:19:07 PM
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I believe the chances of hitting a bad beat jackpot are 1 in about 250,000 deals if you are playing at a 10 handed game. Worse with less players. I don't think there are many opportunities to consider the bad beat jackpot as an advantage play or something "worth" chasing.
ZCore13
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
February 27th, 2014 at 1:37:11 PM
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deleted
DUHHIIIIIIIII HEARD THAT!
February 27th, 2014 at 3:30:56 PM
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I don't know if you can get your answer from the info presented, but have you seen the Wizard's page about Bad Beat Jackpots?
https://wizardofodds.com/games/texas-hold-em/bad-beat-jackpots/
https://wizardofodds.com/games/texas-hold-em/bad-beat-jackpots/
I invented a few casino games. Info:
http://www.DaveMillerGaming.com/ —————————————————————————————————————
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
