vert1276
vert1276
Joined: Apr 25, 2011
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May 19th, 2011 at 4:27:47 PM permalink
So im looking at the WoO's table on house edge. http://wizardofodds.com/houseedge and Im a little confused on how to read it as it applies to Pai gow poker. it say the house edge is 1.46%. So I would assume that for every $100 bet I make I would expect to lose $1.46. Is this figuring in the 5% commission(vig). Or is the 1.46% just assuming a striaght up came with no vig and the house edge comes from winning ties?

Im even more confused by the Baccarat house edge table with commission on the banker bet LOL
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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May 19th, 2011 at 4:38:49 PM permalink
Quote: vert1276

Im even more confused by the Baccarat house edge table with commission on the banker bet LOL


What is so confusing about 1.06?
vert1276
vert1276
Joined: Apr 25, 2011
  • Threads: 70
  • Posts: 446
May 19th, 2011 at 4:42:45 PM permalink
Quote: FleaStiff

What is so confusing about 1.06?



well its in relation to the player and bankers house edge. Assuming that the 1.06 includes commission then how can the banker be 1.06 HE and the player be 1.24% HE?
rdw4potus
rdw4potus
Joined: Mar 11, 2010
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May 19th, 2011 at 7:18:13 PM permalink
Quote: vert1276

So im looking at the WoO's table on house edge. http://wizardofodds.com/houseedge and Im a little confused on how to read it as it applies to Pai gow poker. it say the house edge is 1.46%. So I would assume that for every $100 bet I make I would expect to lose $1.46. Is this figuring in the 5% commission(vig). Or is the 1.46% just assuming a striaght up came with no vig and the house edge comes from winning ties?

Im even more confused by the Baccarat house edge table with commission on the banker bet LOL



Yes, it includes the vig. The edge is mostly comprised of this: (percentage of hands player wins)*vig=edge. The house winning ties adds to their edge, but the vig is responsible for almost all of the edge.

Edit: So, for Pai Gow Poker, 25% winning * 5% commission = 1.25%, plus advantage from ties = 1.46%
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett

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