lobeo
lobeo
Joined: Feb 26, 2016
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February 26th, 2016 at 9:24:39 AM permalink
I have an question about the Play bet on Ultimate Texas Hold Em and how a specific rule affects the house edge. I apologize if this has been discussed/answered somewhere else but, I did search around. It's a somewhat long question so it was difficult to find in a search.

Here goes,
On what I assume to be standard Ultimate Texas Hold Em games where you are allowed to make a Play bet of 3x or 4x your Ante amount, pre-flop, I've seen games where the standard 3x or 4x pre-flop rule applied but, the Dealers and Floor people were allowing patrons to bet anywhere from 1x to 4x, pre-flop.

I am curious how this affects the house edge, if at all, when you disregard that game rule and allow people to bet as low as 1x their Ante, pre-flop?

Thanks!
Paigowdan
Paigowdan
Joined: Apr 28, 2010
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February 26th, 2016 at 9:46:08 AM permalink
Under betting has a considerable cost effect, about 7.1% per ANTE unit.

On a hand that's +EV, the point of the game (and its early raise ability when in a strong position) is to obtain its max value and return.

On the flop with UTH, the ANTE HE is 2.5% with proper 4x raises. This is about 0.6% EoR of all bets in action on the game.
at 3x max raise, it becomes 9.66%
at 2x max raise, it becomes 16.8%
and raising 1x early when +EV makes the HE 24% for that round.

Most people give some HE back by not raising aggressively, though most players will raise the unmistakable raise hands such as JJ or AK suited.
It's the hands like J10, Q9, K6, and a pair of 3's where many players stumble.

When I dealt the game, I would tell players they can check and see the flop instead of bet early, if they aren't going to raise strongly pre-flop.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
Hittem
Hittem
Joined: Nov 13, 2015
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February 26th, 2016 at 9:55:09 AM permalink
What players fail to understand is that be able to bet 4x is a benefit to them, as opposed to being able to only bet 1x.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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February 26th, 2016 at 10:04:04 AM permalink
Quote: Hittem

What players fail to understand is that be able to bet 4x is a benefit to them, as opposed to being able to only bet 1x.


Scared money.
DUHHIIIIIIIII HEARD THAT!
Romes
Romes
Joined: Jul 22, 2014
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February 26th, 2016 at 10:17:47 AM permalink
Quote: Ibeatyouraces

Scared money.

Truth. I've seen people NOT 4x QQ... like, what more do you want? What better starting position do you want against 2 random cards?

I've also seen other people NOT look at their cards until the flop because they think it saves them money from betting good hands and losing. I can only imagine the HE these people are playing with. Rough estimates with Dan's ~7% per ante means on good hands it would be costing them like 28%? Overall probably like an addition 10-20% HE? ...so bad.
Playing it correctly means you've already won.
lobeo
lobeo
Joined: Feb 26, 2016
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February 26th, 2016 at 10:29:55 AM permalink
Thank you for the information. That is the info I was looking for. Appreciate it, Paigowdan.
Romes
Romes
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February 26th, 2016 at 10:31:04 AM permalink
Quote: lobeo

Thank you for the information. That is the info I was looking for. Appreciate it, Paigowdan.

Now he's going to run back to his casino and say "guys, let's let them bet 1x to 4x!" =P
Playing it correctly means you've already won.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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February 26th, 2016 at 10:35:08 AM permalink
Quote: Romes

Now he's going to run back to his casino and say "guys, let's let them bet 1x to 4x!" =P


I've been saying that the rules should let them if they want. Being allowed to check makes no difference. You'll either bet 4x or wait then bet 1x.
DUHHIIIIIIIII HEARD THAT!
Paigowdan
Paigowdan
Joined: Apr 28, 2010
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February 26th, 2016 at 10:59:54 AM permalink
Quote: Romes

Now he's going to run back to his casino and say "guys, let's let them bet 1x to 4x!" =P



Quite the contrary: I want players to play well, not badly, to the best of their ability with proper strategy. I even said that when I dealt, I would remind players who were betting 1x on the hole cards to either bet 4x with a good hand, or check to see the flop where they can bet 2x, not 1x. This is not to be confused with allowing the taking of shots against the house.
I recommend that in game design, a good and true strategy be given the players on every rack card.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
Romes
Romes
Joined: Jul 22, 2014
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February 26th, 2016 at 12:04:03 PM permalink
Quote: Paigowdan

Quite the contrary: I want players to play well, not badly, to the best of their ability with proper strategy....

I was referring to the OP, but glad to know you think always thinking of you Dan.

(I am... <3)
Playing it correctly means you've already won.

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