texas holdem bonus bonus bets and progressives

I have been playing ultimate texas holdem and I just came across a texas holdem bonus game.

They have a progressive that pays only on the flopped hand

100% for Royal with $1000 envy
10% for straight flush with $300 envy
300 for 1 for quads
50 for 1 for full house
40 for 1 for flush
30 for 1 for straight
10 for 1 for trips

My question is what does the progressive meter need to be at to make the $1 bet have + EV?

I assume the bonus bet in this game is a sucker bet just like trips in UTH, but I have to admit it looked way more attractive than the trips bet. What is the casino edge on the bonus for the two cards the player is dealt using the following pay table which I'm only listing in case it is not standard?

30 to 1 AA
25 to 1 AK SUITED
20 to 1 AQ or AJ SUITED
15 to 1 AK UNSUITED
10 to 1 KK QQ or JJ
5 to 1 AQ or AJ UNSUITED
3 to 1 22 THROUGH TT

Like I said I know it can't be positive EV but in UTH the other day I got dealt AQ AQ AQ AQ AJ AJ on six consecutive hands with at least one suited time, then I saw this yesterday it looks way more attractive than trips in UTH. Just wondering how bad it really is.

GRANDPAVEGAS

The house edge on that bonus bet is 8.8%. The house edge on the trips bet in UTH is most commonly 1.9% or 3.5%.

Hi GrandpaVegas,

Click Link and go to: Progressive Jackpot Side Bet. for (progressive meter need to be at to make the $1 bet have + EV?)

Click Link for: Texas Hold’em Bonus, and Bonus-bet (House Edge: 8.90).

Hi GrandpaVegas,

Click Link and go to: Progressive Jackpot Side Bet. for (progressive meter need to be at to make the $1 bet have + EV?)

Click Link for: Texas Hold’em Bonus, and Bonus-bet (House Edge: 8.90).

Stephen Au-Yeung (Mr CasinoGames®)

Mr Casino games,

the progressive link you sent doesn't show the progressive table ans EV odds

GrandpaVegas

I found the following Sample Paytable which is the same as I posted above for the progressive flopped hand payouts:

On the Second to last line it says: Top payout average** $81,813. Does that mean the meter has to be above that number for + EV?

Hand Pays* Envy
Royal Flush 100% $1000
Straight Flush 10% $300
4 of a Kind 300 for 1
Full House 50 for 1
Flush 40 for 1
Straight 30 for 1
3 of a Kind 9 for 1
*Original Wager is NOT Returned
Seed amount** $10,000
House advantage 20.99%
Hit frequency 2.87%
Probability of top payout 649,740 to 1
Top payout average** $81,813
**Reflects a $1 wager. All numbers multiply up for a
larger wager.

Mr. Casino,

I went to that link but don't see what the break even number is on the progressive, am I blind I'm not seeing it.

Grandpa Vegas

Quote: GrandpaVegas

Mr. Casino,

I went to that link but don't see what the break even number is on the progressive, am I blind I'm not seeing it.

Grandpa Vegas

Sorry Grandpa Vegas,

I have giveing you the wrong Link. It is fix now.

Click Link and go to: Progressive Jackpot Side Bet. for (progressive meter need to be at to make the $1 bet have + EV?)

Somebody keeps sending Grandpa on a wild goose chase (link above is for Caribbean Stud Poker, not Texas Holdem Bonus Poker). Next he will be sent to the store to buy chemlight batteries, lol.

Quote: EdgeLooker

Somebody keeps sending Grandpa on a wild goose chase (link above is for Caribbean Stud Poker, not Texas Holdem Bonus Poker). Next he will be sent to the store to buy chemlight batteries, lol.

Hi EdgeLooker,

Yes, it is a link to Caribbean Stud Poker.

But If you Read what I write Carefully: it say (Go to: Progressive Jackpot Side-Bet).

Mr. Casinogames,

I found the progressive side bet section you were referring to, but there are 15 pay tables with break even meter points listed, but none of them are the same as the pay table I asked about.

GrandpaVegas

I've also have had no luck finding this info.

Quote: GrandpaVegas

Mr. Casinogames,

I found the progressive side bet section you were referring to, but there are 15 pay tables with break even meter points listed, but none of them are the same as the pay table I asked about.

GrandpaVegas

Hi GrandpaVegas,
Sorry, None of the 15 is the one you are looking for, as I don't have the time to check all 15 tables out for you.

AS I said on the post: (Progressive meter need to be at to make the $1 bet have + EV?).

Hand	Pays	Combinations	Probability	Return
Royal flush	153305.26	4	0.000001539077169	0.2359486256
Straight flush	15330.53	36	0.00001385169452	0.2123538185
Four of a kind	300	624	0.0002400960384	0.07202881152
Full house	50	3,744	0.00144057623	0.07202881152
Flush	40	5,108	0.001965401545	0.07861606181
Straight	30	10,200	0.003924646782	0.1177394035
Three of a kind	10	54,912	0.02112845138	0.2112845138
Nothing	0	2,524,332	0.9712854373	0
Total		2,598,960	1	1.000000046

Break even: $153305.26 - $1947.37 for ever other player.

The Venetian has this payout structure (which I believe is called the michigan progressive)

The progressive is currently at 360,000 which I believe makes the entire game +ev when our min bet is $15

flyingnite,

I played at the Venetian two months ago, but I don't remember there being a progressive on Ultimate Texas Holdem. Certainly if there were one that high I would have investigated it. Are you sure about this one.

GrandpaVegas

miplet,

I've seen at some properties $1 progressives where the Royal doesn't have to be flopped. These jackpots are much lower anywhere from 2000 to 10000+. I'm not sure what the rest of the pay scale is but do you have break even numbers on these progressives? I asked a floor person how often it hits and they said the last two were 26k and 14k. Not having to be flopped almost seems worth the $1 for over 20k.

Thank you and thanks again for answering the last one,

GrandpaVegas

They had two tables of UTH, directly across from each other. The progressive jackpot was shared across a bunch of other poker games.

I was there last night and was really surprised there were not more players trying to take advantage.

I finally made it over to the Venetian and you were right that the progressive was so high. It is actually now at 550,000. The problem is that you have to bet $5 instead of $1 so as of now it only equates to about $110,000 if you were able to bet $1s.

GrandpaVegas

Quote: GrandpaVegas

I finally made it over to the Venetian and you were right that the progressive was so high. It is actually now at 550,000. The problem is that you have to bet $5 instead of $1 so as of now it only equates to about $110,000 if you were able to bet $1s.

GrandpaVegas

Ouch.