Last Update: Nov 05, 2010
|Liberal Pay Table|
|Royal flush||1000 to 1|
|Straight flush||500 to 1|
|Four of a kind||100 to 1|
|Full house||30 to 1|
|Flush||20 to 1|
|Straight||11 to 1|
|Three of a kind||4 to 1|
|Two pair||2 to 1|
|Jacks or better||1 to 1|
There is also a stingy pay table, that pays 10 to 1 on a straight, instead of 11.
The player should raise with any of the following hands.
- At least one card jack or higher.
- A pair
- 3 to a flush
- 3 to any straight
The player will have one of these hands 86.4% of the time.
The following table shows all the possible events in Flop Poker, the probability, win/loss, and the contribution to the total return, based on the liberal pay table. The lower right cell shows a player return of -0.054237. This means the house edge, which is defined as the ratio of expected player loss to initial wager, is 5.42%. The element of risk, which is defined as the ratio of expected loss to the total amount wagered, is 2.91%.
|Return Table in Flop Poker|
|Four of a kind||234624||0.000576||101||0.058199|
|Three of a kind||14197576||0.034869||5||0.174344|
|Jacks or better||62578504||0.153691||2||0.307382|
|Tens or less||229129152||0.562735||-2||-1.125471|
The house edge on the pot bet is obviously 0%.
The house edge under the stingy pay table is 6.49%.
Reason #4 why the Wizard likes Bovada:
Bovada offers the triple crown of gambling: casino, poker, and sports. Many other casinos have tacked on poker as an afterthought, and many poker rooms have tacked on a casino as an afterthought, and the lack of attention shows, sometimes painfully. And very few of these sites let you make sports wagers.
But Bovada doesn’t just offer all three, they do each one well, and everything’s integrated. It’s easy to play all three off one deposit, off just one account.
Another nice thing about Bovada is that you don’t need a separate account to play casino games with fake money. In fact you do not even need an account for that at all, you can just click over there and play. Finally, Bovada usernames are only six or seven characters long making them possible to remember. By contrast some competitors’ usernames are extremely long and cumbersome.