Ultimate Texas Holdem Standard Deviation
The higher your standard deviation, the higher your variance. The lower your standard deviation, the lower your variance. Standard deviation can also give you an indication of how far you can expect to veer from your current winrate over 100 hands (hence why Std Dev stats are shown in BB/100 'Big Bets' or 'Big Blinds' per 100 hands). đŻ Mathematically correct strategies and information for casino games like blackjack, craps, roulette and hundreds of others that can be played at online casinos đČ. Ultimate texas holdem standard deviation If you have a six or seven man team that's virtually impossible. Raise: You can increase your investment in the hand by putting more chips into the pot (the minimum raise preflop is always the same as the Big Blind) Once everybody has made up their mind and the first betting round has completed, the dealer lays out The Flop. The Texas Holdâem odds of how likely hands are to unfold after the flop will help guide almost every action you make on the flop Odds On the Flop in Texas Holdâem. The flop is the turning point of a Holdâem hand. This is where youâre going to make your biggest and most expensive decisions. The standard deviation per ante bet (not the total ante + blind initial bet) of Ultimate Texas Hold'em is 4.94. When defined in terms of the full initial bet (ante + blind), the standard deviation is 2.47.
Super Texas Hold'emâą is casino poker the way Texas Hold'em wants to be played, delivering the highest action possible with two progressively larger betting rounds.Meanwhile, with an adj. House advantage of 0.38% per unit wagered under theoretically optimal play, Super Texas Hold'emâą also offers the discerning gambler one of the fairest gambles around. Ultimate Texas Hold'em (UTH) is one of the most popular novelty games in the market. For that reason, it is important to understand the multitude of ways that UTH may be vulnerable to advantage play. Ultimate Texas Hold'em Basic Strategy and House Edge.
What are the Texas Holdâem Rules?. The table below shows the probability of each and the contribution to the total return, assuming optimal strategy.how does it work? The house makes money because a mathematical edge is designed into the game. Who invented the game and why has been lost to the history books download slots summer break but we do know that Texas Holdâem was introduced to Vegas in 1967.After the player has made this decision the fourth community card is dealt out.* 4 of a Kind â four cards of matching rank (Example â 7 of Hearts, Clubs, Diamonds and Spades).To see ante/bonus payout odds, and for more details ultimate texas holdem house odds on how to play the game, please 22 Jul 2009 But I've been really studying this ultimate texas holdem game and i'm The bonus payouts on the blind do not make up for this either.
The player places a bet and the player and the house each receive two hole cards
- You win your $5 play bet and your $5 ante pushes and is returned.
- That the only thing that separates the sucker from the champion is their ability to adjust to the game and use their skills to prevail.Casino Locations Popular Slot Games Top Online Casinos Top Online Sportsbooks
- The community cards and dealer cards are Como Se Juega El Poker Holdem Texas unknown.
- Las Vegas discussion forum - Ultimate Texas Hold'em forget the house edge?, page 1A mathematician alone can not determine the hold because it depends on how long the player will sit at the table and the same money circulates back and forth.
- Ultimate texas holdem table layout
- There is also an option to raise only three times â however, there is never a hand where basic strategy calls for this move.James Grosjean strategy.
- He tells you how the game is played, the various bets you can make, the casino advantage on those bets, and the best strategy for playing the game on a pre-flop basis, as well as advice for making the later bets.
- * Two Pairs â two sets of two cards of matching rank with one unmatched card (Example â 4 of Clubs and Hearts, 8 Clubs and Spades and a fifth unmatched card).
Strategy and house edge for ultimate texas hold'em variance data, and more
Casino Locations Atlantic City California Europe Las Vegas Popular Slot Games Buffalo Lock it Link The Green Machine Top Dollar Wheel of Fortune Willy Wonka Top Online Casinos BoVegas Cherry Gold MYB Casino Wild Casino Top Online Sportsbooks BookMaker BetOnline MyBookie SportsBetting.ag News Cryptocurrency Casinos Gambling Guide Responsible Gambling Privacy Policy Contact Us The house edge figures are higher than those above, because the above figures assume optimal strategy, and https://www.wildundfrei-katzenhilfe.de/blackjack-ballroom-casino-reviews those below reflect player errors and average type of bet made.
Anyone know? Double Down Casino Promo Codes for January 2019 So, base your decisions on whatâs going on with your cards, donât be afraid to fold and donât play too many hands before the flop.
Grand Canyon West; 3. Texas Hold Em Bonus Table Game-Against the Dealer Jul 21, 2010, 2:17 AM -:- Message from TripAdvisor staff -:- This topic has been closed to new posts due to inactivity.
:>) Report inappropriate content Canuck2103 Ontario, Canada Level Contributor 96 posts 27 reviews Save Reply 6. Las Vegas Rules The game is played with a single 52-card deck.
20,506 Reviews Las Vegas, NV î Paris Las Vegas 27,888 Reviews Las Vegas, NV î» Report inappropriate content kbunde Omaha, Nebraska Destination Expert for Las Vegas Level Contributor 8,940 posts 25 reviews Save Reply 5. The following table shows the probability that a session outcome will come within various numbers of standard deviations.
- After the turn you will have one last chance to check or raise your bet before you see the final community card.
- When you have two of the same cards of one value and another two of a different value. History of Texas Holdâem As you may have guessed, Texas Holdâem originated in Texas.
- In this casino poker game, you play two poker hands at the time - and since the game begins with ante bets, you are required to place to bets to start.
- I have a question if anyone has the odds of turning 3 of a kind or greater in this Table with odds and payout for trips bet in Ultimate Texas Holdem Poker.
If you bet after your first two cards or after the first three community cards, you still stay in action until the final betting opportunity. www.gaisanocapital.com Mentioned in this postî î Texas United States î» Report inappropriate content Casinos in Las Vegas (77) See all The D Casino 425 Reviews Casinos Casino at Luxor Las Vegas 1,438 Reviews Casinos The Showroom at Planet Hollywood Resort & Casino 74 Reviews Casinos 1-7 of 7 replies Sorted by Oldest first Newest first 1 wrldtrvler_9 Baltimore, MD Level Contributor 479 posts Save Reply 1.
- Las Vegas A Week Of Ultimate Texas Hold'em Discount Gambling Under standard rules, the house edge of Ultimate Texas Hold'em is when defining house edge in terms of the ante bet (not the total ante + blind initial bet). Internal Links Ultimate Texas Hold 'EmÂź game.ultimate texas holdem advanced strategy
8 min - Uploaded by americancasinoguideIn this video, Michael Shackleford, who is also known as the louisiana slot payouts 'Wizard of Odds,' explains all Jul 22, ultimate texas holdem house odds 2009 But I've been really studying this ultimate texas holdem game and i'm 2c to flush with straight possibility is close. Show More Show less Las Vegas Destination Experts adelaidiantraveller 10,236 forum posts damama 11,525 forum posts DaveNJ2006 15,495 forum posts Gary B 13,624 forum posts IrishFan 60,451 forum posts javarai 4,030 forum posts kbunde 8,940 forum posts ktinca 45,153 forum posts leedylan1998 3,430 forum posts PnSfromLA 6,477 forum posts Members who are knowledgeable about this destination and volunteer their time to answer travelers' questions. Note that Ultimate Texas Hold'em and Texas Hold'em Bonus are not the same game, even though they both have the same house edge per wager of 0.53%.
- The tableâs community cards.
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- The average bet size is 3.82x the initial Ante bet, making the standard deviation per unit wagered 1.79.
- If you didnât make the four-times bet, you may make a play bet of twice your ante.
- The table below shows the probability of each and the contribution to the total return, assuming optimal strategy.
- The answer is no.
- Net win Column 5:Total combinations Column 6:Probability Column 7:Contribution to return (win*probability) The lower right cell shows a house edge of 2.037%.
Casino games based on Texas Hold'em Introduction Texas Hold'em Bonus Casino Hold'em Poker
- That is, either N ℠65 or N †20.
- Straight Flush Three of a Kind Straight Pair Queen High or Better Let It Ride Poker Most players consider Let It Ride to be close to video poker than an actual poker variant.Doc's Picks Service
- The player checks pre-Flop on 62.29261% of the hands.
- At the start of the hand, you must make equal ante & blind bets, so you are betting two units.Unlike traditional Texas Hold âEm variations, however, these two wagers must be equal .
(see the thread on WizardofVegas.com for a discussion about the meaning of '21 outs.') One can also use Grosjean's more complex strategy from Exhibit CAA, that I Slots Gamble Mega Pack won't repeat here.unsuited 2/3 to 2/7. Steakhouse Casino London And is used with permission on this website.Ultimate Texas Hold âEm Progressive When it comes to the excitement level of Ultimate Texas Hold âEm, the possibility of hitting a progressive ultimate texas holdem house odds certainly adds to the game. catalogue casino special ramadanBurton Sherlock Blackjack 2019 Texas Hold'em Bonus Texas Hold'em Bonus Poker is a table casino game that is similar to the Texas Hold'em poker game. Although there are some differences between the two games. First off you will not be playing against any other players other than the dealer, which will be equivalent of an opponent playing in the dark. You will be in full control on whether or not you want to fold, raise or check your bets. This is a huge advantage to you, because you don't have to worry about any jackals going all in all the time.So, what about the games?
- The standard deviation is 3.51.
- Texas Holdem
- Ultimate Texas Hold 'Em
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Ultimate Texas Holdem Standard Deviation Test
When you put all of your remaining chips into the pot.This strategy is the same for minimizing expected loss per hand (standard strategy) and for minimizing expected loss per unit wagered (minimum loss over a wagering requirement). Best Casinos In Vicksburg Ms Youâll get a winning hand about once per 6.5 hands, and the big 50-1 payoff about once per 30,940 hands.So if you ante ultimate texas holdem house odds $5, make the four-times bet of $20, and you bet a dealer who opens, you win $5 on the ante and $20 on the bet.Texas Hold'em Bonus One such game is Texas Hold'em poker room lakeland fl Bonus. Sprint Mart Blackjack Rd Starkville Ms This is called an Learn how you can get this domain » See more domains like this ».
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Information on Texas Hold'em Bonus and Casino Hold'em Poker, two casino card games based on Texas Hold'em PokerYou get another chance after the first three community cards have been turned up. Each of these checking possibilities yields an additional combin(47,2) = 1,081 Turn/River hands to complete the board, where the player then has to ultimate texas holdem house odds then choose to either fold or raise 1x on each.how does morongo casino food court hours it work?Texas Hold Em Bonus Table Game-Against the Dealer Jan 21, 2010, 1:41 PM O'sheas has the game.That was bad. The player makes an Ante wager, plus an optional Bonus bet.Texas Hold'em Bonus Texas Hold'em Bonus Poker is a table casino game that is similar to the Texas Hold'em poker game. Although there are some differences between the two games. First off you will not be playing against any other players other than the dealer, which will be equivalent of an opponent playing in the dark. You will be in full control on whether or not you want to fold, raise or check your bets. This is a huge advantage to you, because you don't have to worry about any jackals going all in all the time.What do you think?
- For more information, wt will be the The house edge of Ultimate Texas Hold 'Em across the full round of wagering (Ante, Blind and Call bet) and assuming that Learn how you can get this domain » See more domains like this ».
- Notes:Ultimate Texas Hold'em Basic Strategy and House Edge - 888 Casino Heads-Up Hold'em Basic Strategy and House Edge - 888 Casino Ultimate Texas Hold 'Em - Wizard of Odds Texas Hold'em Bonus - Wizard of Odds NC Edge NL Holdem - Ultimate - HUD Details - Holdem Manager Get the Edge At Low-Limit Texas Hold'em (Scoblete Texas Hold 'Em Bonus Strategies, Rules & House Edge ThePOGG Casino Hold'em - Play Hold'em Poker at the Best Online Casinos of From Hold'em to Omaha:
- Now letâs say youâre King high and the dealer is Ace high.
- They have them in my city.This analysis has been done before and has been done better by both Michael Shackleford and James Grosjean.
Ultimate Texas Holdem Odds
Perhaps because there is a runner-runner straight draw and a flush draw.The probability that the session outcome will be within three standard deviations is 99.74%. Largest Casino In Lake Tahoe Youâll get a winning hand about once per 6.5 hands, and the big 50-1 payoff about once per 30,940 hands. Alexandra Van Sloten
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It is called Texas Hold'em Bonus. This table was given to me anonymously by an executive with a major Strip casino and is used for rating players.
We see that the hand given above, where player = (8c, ultimate texas holdem house odds Jd), Flop = (2c, 3c, Qc), restaurante gran casino madrid violates Shackleford's strategy. Giants Gold Colossal Reels Slot Machine Answer 1 of 7: Ultimate Texas Hold 'Em - Wizard of OddsOnce everyone has laid their bets, three shared cards are dealt face up (the flop).
- When you have five cards of the same suit in sequence.
- These casino games are not properly speaking poker variants, since the players do not play against each other but against the house.Then the EV for checking is 1.267304 and the EV for raising 2x is 1.848414.
- The dealer had is Queen high, so it doesnât open.
- Obviously, this will vary from casino to casino, and sometimes even state to state.
- Played 5 hands, perfect strategy was used, and busted out.
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- If the player already raised he may not bet further.
Las Vegas, Nevada, Texas Hold Em Bonus Table Game-Against the Dealer
- Again, you have the choice to raise or continue playing without a raise.
- 7:36 pm Gambling Strategy 7:30 pm Buffet :You can find information and advice on our Responsible Gambling page.
- For example if blackjack table x takes in $1000 in the drop box and of the $1000 in chips sold the table keeps $300 of them (players walked away with the other $700) then the game's hold is 30%.
- More StoriesThis is generally measured over an entire shift.
- 150 Posts:
- A fifth community card is dealt (the River).
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- Play for free with an advice feature to catch your mistakes.
- These casino games are not properly speaking poker variants, since the players do not play against each other but against the house.The best five-card poker hand then wins the pot.
- How does it work?
- If the dealer beats the player then the blind bet and raise lose.
- Winning ante and play bets are paid out at 1:1.
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If one wants to compare one game against another I believe it is better to look at the ratio of money lost to money wagered, which would show Caribbean stud poker to be a much better gamble than roulette. Free Slot Machine Green Light The probability that the session outcome will be within two standard deviations is 95.46%.That breaks down to 520 days of 24hr a day play, almost slotzinnen zakelijke brief voorbeelden 1 1/2 ultimate texas holdem house odds years of continuous play.
To minimize expected loss per unit wagered (minimum loss over a wagering requirement), the strategy is more complex. When you put all of your remaining chips into the pot.Let N be the number of outs under consideration for the dealer to beat the player. Calendars of events, including forthcoming shows & headliners Helpful information:Ultimate Texas Hold âEm Articles â Read Our Guide to Playing Ultimate Texas Holdâem Online Ultimate Texas Hold âEm Payouts ultimate texas holdem house odds & Winning Hands The blind, ante and play bets are each scored blackjack pizza westminster sheridan slightly differently depending on the outcome of the hand.
- The 2nd raise (Turn bet) must be the same size as your initial Ante bet.
- The house edge per full initial bet (ante + blind) is 1.09%.
- Casino games based on Texas Hold'em Introduction Texas Hold'em Bonus Casino Hold'em Poker
- Next a 4th community card is dealt (the Turn).The River bet must be exactly equal to the ante bet.
Finding a trustworthy room to play online poker can be a monumental burden.JJ to KK 1 in 75 10 10 10 Unsuited AJ, AQ 1 in 55 7 5 5 Pair:Check (do nothing); or Make a Play bet of 3x or 4x their Ante. Then the EV for checking is 1.267304 and the EV for raising 2x is 1.848414.50-1 â Four of a Kind:7:54 pm Thanksgiving in Las Vegas for Foreigners 7:52 pm high medium low roulette system Mandarin Oriental conversion 7:51 pm How do I reveal a surprise trip ultimate texas holdem house odds to NYC & Vegas ???All other cards are community cards that may be used in all hands. These casino games are not properly speaking poker variants, since the players do not play against each other but against the house.Before we can explore the Texas Holdâem rules and strategies, letâs look at the important terms of the game. Gemini Gambling Horoscope 2019
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When estimating variance over a wagering requirement using the return & https://www.confeccoessantacatarina.com.br/us-casino-withholding-tax variance simulators, enter a bet size that is the size of the ante bet. Poker ultimate texas holdem house odds peoples poker radio Switch Attention: Where are the best places?When the player holds (8c, Jd) and the Flop is (2c, 3c, Kc), then it is correct to check.
- Atlantic City Rules
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- Your two cards are used only in your own hand.
- Once you get a feel for the game, you will recognize hands that a large portion of hands are obvious, and you'll only need to use the calc for a small minority of hands.
- Your hand is King high, with no pairs or better.
- To minimize expected loss per unit wagered (minimum loss over a wagering requirement), the strategy is more complex.
- Know When to Check in Texas Hold'em Bonus Knowing when to fold in Texas Hold'em Bonus is easy, it is knowing when to check that is more difficult. When playing at a casino, you will notice that almost everyone else will raise their bet no matter what they have in their hand. That is just plain stupid. Checking your hand is a great way to save you money whenever the Flop or the Turn doesn't work out for you.
The chances of getting AK suited will be (8/52 x 1/51 = 0.3%) 0.3% or about one in 331.5 hands. It is possible for the hold to exceed 100% if players Poker Team Paintball carry to the table chips purchased at another table.
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Then the probability that the dealer's first card is an out is p = N/45. Las Vegas Top questions about Las Vegas UPDATED:
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Coupons! Regole Poker Texas Holdem The bonus bet does not have a line item for both player and dealer having a pair of aces.
- Play Structure
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- The wizard of odds states that if the bonus is not played then the odds are at a 2% house advantage.
- You have the choice to either raise again or continue playing without a raise.I estimate that I see between 20-30 hands per hour, 2 to 3 minutes per hand.
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On This Page
Introduction
The following table shows the house edge of most casino games. For games partially of skill perfect play is assumed. See below the table for a definition of the house edge.
Casino Game House Edge
Game | Bet/Rules | House Edge | Standard Deviation |
---|---|---|---|
Baccarat | Banker | 1.06% | 0.93 |
Player | 1.24% | 0.95 | |
Tie | 14.36% | 2.64 | |
Big Six | $1 | 11.11% | 0.99 |
$2 | 16.67% | 1.34 | |
$5 | 22.22% | 2.02 | |
$10 | 18.52% | 2.88 | |
$20 | 22.22% | 3.97 | |
Joker/Logo | 24.07% | 5.35 | |
Bonus Six | No insurance | 10.42% | 5.79 |
With insurance | 23.83% | 6.51 | |
Blackjacka | Liberal Vegas rules | 0.28% | 1.15 |
Caribbean Stud Poker | 5.22% | 2.24 | |
Casino War | Go to war on ties | 2.88% | 1.05 |
Surrender on ties | 3.70% | 0.94 | |
Bet on tie | 18.65% | 8.32 | |
Catch a Wave | 0.50% | d | |
Craps | Pass/Come | 1.41% | 1.00 |
Don't pass/don't come | 1.36% | 0.99 | |
Odds â 4 or 10 | 0.00% | 1.41 | |
Odds â 5 or 9 | 0.00% | 1.22 | |
Odds â 6 or 8 | 0.00% | 1.10 | |
Field (2:1 on 12) | 5.56% | 1.08 | |
Field (3:1 on 12) | 2.78% | 1.14 | |
Any craps | 11.11% | 2.51 | |
Big 6,8 | 9.09% | 1.00 | |
Hard 4,10 | 11.11% | 2.51 | |
Hard 6,8 | 9.09% | 2.87 | |
Place 6,8 | 1.52% | 1.08 | |
Place 5,9 | 4.00% | 1.18 | |
Place 4,10 | 6.67% | 1.32 | |
Place (to lose) 4,10 | 3.03% | 0.69 | |
2, 12, & all hard hops | 13.89% | 5.09 | |
3, 11, & all easy hops | 11.11% | 3.66 | |
Any seven | 16.67% | 1.86 | |
Double Down Stud | 2.67% | 2.97 | |
Heads Up Hold 'Em | Blind pay table #1 (500-50-10-8-5) | 2.36% | 4.56 |
Keno | 25%-29% | 1.30-46.04 | |
Let it Ride | 3.51% | 5.17 | |
Pai Gowc | 1.50% | 0.75 | |
Pai Gow Pokerc | 1.46% | 0.75 | |
Pick âem Poker | 0% - 10% | 3.87 | |
Red Dog | Six decks | 2.80% | 1.60 |
Roulette | Single Zero | 2.70% | e |
Double Zero | 5.26% | e | |
Sic-Bo | 2.78%-33.33% | e | |
Slot Machines | 2%-15%f | 8.74g | |
Spanish 21 | Dealer hits soft 17 | 0.76% | d |
Dealer stands on soft 17 | 0.40% | d | |
Super Fun 21 | 0.94% | d | |
Three Card Poker | Pairplus | 7.28% | 2.85 |
Ante & play | 3.37% | 1.64 | |
Video Poker | Jacks or Better (Full Pay) | 0.46% | 4.42 |
Wild Hold âem Fold âem | 6.86% | d |
Notes
a | Liberal Vegas Strip rules: Dealer stands on soft 17, player may double on any two cards, player may double after splitting, resplit aces, late surrender. |
b | Las Vegas single deck rules are dealer hits on soft 17, player may double on any two cards, player may not double after splitting, one card to split aces, no surrender. |
c | Assuming player plays the house way, playing one on one against dealer, and half of bets made are as banker. |
d | Yet to be determined. |
e | Standard deviation depends on bet made. |
f | Slot machine range is based on available returns from a major manufacturer |
g | Slot machine standard deviation based on just one machine. While this can vary, the standard deviation on slot machines are very high. |
House Edge
The house edge is defined as the ratio of the average loss to the initial bet. The house edge is not the ratio of money lost to total money wagered. In some games the beginning wager is not necessarily the ending wager. For example in blackjack, let it ride, and Caribbean stud poker, the player may increase their bet when the odds favor doing so. In these cases the additional money wagered is not figured into the denominator for the purpose of determining the house edge, thus increasing the measure of risk.
The reason that the house edge is relative to the original wager, not the average wager, is that it makes it easier for the player to estimate how much they will lose. For example if a player knows the house edge in blackjack is 0.6% he can assume that for every $10 wager original wager he makes he will lose 6 cents on the average. Most players are not going to know how much their average wager will be in games like blackjack relative to the original wager, thus any statistic based on the average wager would be difficult to apply to real life questions.
The conventional definition can be helpful for players determine how much it will cost them to play, given the information they already know. However the statistic is very biased as a measure of risk. In Caribbean stud poker, for example, the house edge is 5.22%, which is close to that of double zero roulette at 5.26%. However the ratio of average money lost to average money wagered in Caribbean stud is only 2.56%. The player only looking at the house edge may be indifferent between roulette and Caribbean stud poker, based only the house edge. If one wants to compare one game against another I believe it is better to look at the ratio of money lost to money wagered, which would show Caribbean stud poker to be a much better gamble than roulette.
Many other sources do not count ties in the house edge calculation, especially for the Donât Pass bet in craps and the banker and player bets in baccarat. The rationale is that if a bet isnât resolved then it should be ignored. I personally opt to include ties although I respect the other definition.
Element of Risk
For purposes of comparing one game to another I would like to propose a different measurement of risk, which I call the 'element of risk.' This measurement is defined as the average loss divided by total money bet. For bets in which the initial bet is always the final bet there would be no difference between this statistic and the house edge. Bets in which there is a difference are listed below.
Element of Risk
Game | Bet | House Edge | Element of Risk |
---|---|---|---|
Blackjack | Atlantic City rules | 0.43% | 0.38% |
Bonus 6 | No insurance | 10.42% | 5.41% |
Bonus 6 | With insurance | 23.83% | 6.42% |
Caribbean Stud Poker | 5.22% | 2.56% | |
Casino War | Go to war on ties | 2.88% | 2.68% |
Heads Up Hold 'Em | Pay Table #1 (500-50-10-8-5) | 2.36% | 0.64% |
Double Down Stud | 2.67% | 2.13% | |
Let it Ride | 3.51% | 2.85% | |
Spanish 21 | Dealer hits soft 17 | 0.76% | 0.65% |
Spanish 21 | Dealer stands on soft 17 | 0.40% | 0.30% |
Three Card Poker | Ante & play | 3.37% | 2.01% |
Wild Hold âem Fold âem | 6.86% | 3.23% |
Standard Deviation
The standard deviation is a measure of how volatile your bankroll will be playing a given game. Online slot games free spins. This statistic is commonly used to calculate the probability that the end result of a session of a defined number of bets will be within certain bounds.
The standard deviation of the final result over n bets is the product of the standard deviation for one bet (see table) and the square root of the number of initial bets made in the session. This assumes that all bets made are of equal size. The probability that the session outcome will be within one standard deviation is 68.26%. The probability that the session outcome will be within two standard deviations is 95.46%. The probability that the session outcome will be within three standard deviations is 99.74%. The following table shows the probability that a session outcome will come within various numbers of standard deviations.
I realize that this explanation may not make much sense to someone who is not well versed in the basics of statistics. If this is the case I would recommend enriching yourself with a good introductory statistics book.
Standard Deviation
Number | Probability |
---|---|
0.25 | 0.1974 |
0.50 | 0.3830 |
0.75 | 0.5468 |
1.00 | 0.6826 |
1.25 | 0.7888 |
1.50 | 0.8664 |
1.75 | 0.9198 |
2.00 | 0.9546 |
2.25 | 0.9756 |
2.50 | 0.9876 |
2.75 | 0.9940 |
3.00 | 0.9974 |
3.25 | 0.9988 |
3.50 | 0.9996 |
3.75 | 0.9998 |
Hold
Although I do not mention hold percentages on my site the term is worth defining because it comes up a lot. The hold percentage is the ratio of chips the casino keeps to the total chips sold. This is generally measured over an entire shift. For example if blackjack table x takes in $1000 in the drop box and of the $1000 in chips sold the table keeps $300 of them (players walked away with the other $700) then the game's hold is 30%. If every player loses their entire purchase of chips then the hold will be 100%. It is possible for the hold to exceed 100% if players carry to the table chips purchased at another table. A mathematician alone can not determine the hold because it depends on how long the player will sit at the table and the same money circulates back and forth. There is a lot of confusion between the house edge and hold, especially among casino personnel.
Hands per Hour, House Edge for Comp Purposes
The following table shows the average hands per hour and the house edge for comp purposes various games. The house edge figures are higher than those above, because the above figures assume optimal strategy, and those below reflect player errors and average type of bet made. This table was given to me anonymously by an executive with a major Strip casino and is used for rating players.
Hands per Hour and Average House Edge
Games | Hands/Hour | House Edge |
---|---|---|
Baccarat | 72 | 1.2% |
Blackjack | 70 | 0.75% |
Big Six | 10 | 15.53% |
Craps | 48 | 1.58% |
Car. Stud | 50 | 1.46% |
Let It Ride | 52 | 2.4% |
Mini-Baccarat | 72 | 1.2% |
Midi-Baccarat | 72 | 1.2% |
Pai Gow | 30 | 1.65% |
Pai Pow Poker | 34 | 1.96% |
Roulette | 38 | 5.26% |
Single 0 Roulette | 35 | 2.59% |
Casino War | 65 | 2.87% |
Spanish 21 | 75 | 2.2% |
Sic Bo | 45 | 8% |
3 Way Action | 70 | 2.2% |
Translation
A Spanish translation of this page is available at www.eldropbox.com.
Written by: Michael Shackleford