WTflush
WTflush
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July 24th, 2020 at 9:53:54 PM permalink
Quote: Wizard

This topic came up on my live stream yesterday.

As I understand it, in Florida on the Trips bet the player player must also win. If he ties with a paying hand, the Trips bet is a push. Is this correct? I just asked if this is the policy in California and was told "no."


In other words, a house edge of 19.42% (ouch!). Compare this to the 3.50% house edge if winning is not required.

Any comments or disagreements?



I have played at 2 of the Seminole casinos and they paid trips on losing hands just like normal.

I didn't see UTH at any of the "Racinos" all the ones I visited has Heads-up-holdem from Galaxy instead. Not sure how they handled the Trips Plus or whatever it's called in that game.
Wizard
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July 25th, 2020 at 10:05:38 AM permalink
I don't know much about the scene in Florida, but in California the card clubs around LA and SF are a horse of a different color compared to the tribal casinos.
It's not whether you win or lose; it's whether or not you had a good bet.
gordonm888
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gordonm888
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July 25th, 2020 at 1:31:04 PM permalink
Quote: Wizard


I had the raw numbers for it already here.



Were those raw numbers generated by a looping code that went through every combination of cards for player and his opponent? Or by combination theory?
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
Wizard
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Wizard
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July 25th, 2020 at 3:13:44 PM permalink
Quote: gordonm888

Were those raw numbers generated by a looping code that went through every combination of cards for player and his opponent? Or by combination theory?



Looping.
It's not whether you win or lose; it's whether or not you had a good bet.
Joeman
Joeman
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July 26th, 2020 at 9:55:04 AM permalink
Quote: Wizard

I don't know much about the scene in Florida, but in California the card clubs around LA and SF are a horse of a different color compared to the tribal casinos.

In FL, the Seminole Hard Rock casinos are pretty much regular casinos except they don't have live craps (they do have bubble craps). Carny games there are basically played by Vegas rules.

On the other hand, parimutuel outlets - dogs, horses and jai-alai - have been allowed to have poker rooms for about 20 years, but are only allowed to spread poker games. Over that time the games have evolved from strictly limit games with a $10 max pot to now where they are essentially the same as other poker rooms.

About 5 years ago, they branched out to spreading Carney games. However, by FL law, the house cannot be a participant in the games.

There is a 'designated player' at each table, usually an employee of a syndicate not affiliated with the card room, who banks the game as if he were the house. He pays a rake to the house, and will pay winning bets, and collects losing ones, including side bets.

Each player at the table is essentially playing heads up against the designated player, and only the best hand wins the 'pot.' Thus, you can't lose the hand and win the side bet. It's the way they work around the state's poker laws, which were originally written to only permit traditional poker.

To compensate for this, the pay tables for side bets are tweaked to make the house edge more palatable for the player. For UTH Trips, I believe it is 50-40-30-10-8-6-3, with increased payouts for full house, flush, and straight.

Also, you won't find any games like MS Stud at the card rooms, since there is no opponent, no hand to compete against. There aren't any such restrictions at the Hard Rocks.
"Dealer has 'rock'... Pay 'paper!'"
Wizard
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July 26th, 2020 at 10:59:44 AM permalink
Quote: Joeman

To compensate for this, the pay tables for side bets are tweaked to make the house edge more palatable for the player. For UTH Trips, I believe it is 50-40-30-10-8-6-3, with increased payouts for full house, flush, and straight.



Thank you. I don't believe anybody mentioned this pay table yet in this thread. Here is my analysis of it.

Player Pays Combinations Probability Return
Royal flush 50 85,615,200 0.000031 0.001539
Straight flush 40 734,237,144 0.000264 0.010559
Four of a kind 30 4,240,864,800 0.001525 0.045742
Full house 10 62,810,500,464 0.022582 0.225825
Flush 8 71,523,195,288 0.025715 0.205720
Straight 6 103,685,076,072 0.037278 0.223670
Three of a kind 3 97,664,829,948 0.035114 0.105341
Trips or better and push 0 28,636,706,336 0.010296 0.000000
Two pair or less -1 2,356,664,171,400 0.847300 -0.847300
Trips or better and lose -1 55,335,805,748 0.019895 -0.019895
Total 2,781,381,002,400 1.000000 -0.048799


I almost forgot that Florida follows an
alternate pay table for the Pairplus in Three Card Poker.
It's not whether you win or lose; it's whether or not you had a good bet.
Wizard
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Thanks for this post from:
Caiman
July 26th, 2020 at 5:50:22 PM permalink
Here is my new page on the Florida Variant of Trips Bet. I welcome all comments.
It's not whether you win or lose; it's whether or not you had a good bet.
Caiman
Caiman
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May 13th, 2021 at 5:12:50 PM permalink
Derby Lane in Tampa, at least as of 2018, uses a 100-50-40-10-8-4-3 Trips paytable.

Last I checked, the other two Tampa rooms use the casino standard 50-40-30-8-7-4-3 Trips paytable with a nasty ~20% house edge given the FL parimutuel card room rules.

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