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Reason #4 why the Wizard likes Bovada: One-Stop Shopping 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. |
Texas Hold’em BonusLast Update: Feb. 19, 2012 IntroductionTexas Hold 'Em Bonus is a poker based table game I noticed at the Flamingo Hilton in Las Vegas in September 2005. I also hear that it can be found in Atlantic City. Like real Texas Hold 'em the player may bet his hole card, after the flop, and after the turn (but not after the river). As in one on one poker all bets pay one to one, except the ante requires a straight or flush (depending on the location) or higher to pay. Las Vegas Rules
The Horseshoe casino in Hammond, Indiana, follows the Las Vegas pay table. Atlantic City RulesThere are only two rule differences under the Las Vegas rules. The player needs a flush or higher to win even money on the ante. The bonus bet does not have a line item for both player and dealer having a pair of aces.
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| Texas Hold 'em Bonus Return Table — Las Vegas Rules | ||||||
|---|---|---|---|---|---|---|
| Turn Bet | River Bet | Outcome | Win | Combinations | Probability | Return |
| No | No | Dealer wins | -3 | 16191937969988 | 0.291077 | -0.873232 |
| No | No | Tie | 0 | 1259275163176 | 0.022638 | 0 |
| No | No | Player wins with less than straight | 2 | 5303424537200 | 0.095338 | 0.190676 |
| No | No | Player wins with straight or higher | 3 | 1084471210036 | 0.019495 | 0.058486 |
| No | Yes | Dealer wins | -4 | 1396173000700 | 0.025099 | -0.100394 |
| No | Yes | Tie | 0 | 167704605536 | 0.003015 | 0 |
| No | Yes | Player wins with less than straight | 3 | 2296867062000 | 0.04129 | 0.12387 |
| No | Yes | Player wins with straight or higher | 4 | 605730184164 | 0.010889 | 0.043556 |
| Yes | No | Dealer wins | -4 | 1896639509356 | 0.034095 | -0.136381 |
| Yes | No | Tie | 0 | 135581445288 | 0.002437 | 0 |
| Yes | No | Player wins with less than straight | 3 | 1247381880480 | 0.022424 | 0.067271 |
| Yes | No | Player wins with straight or higher | 4 | 252140929436 | 0.004533 | 0.018131 |
| Yes | Yes | Dealer wins | -5 | 5604708827316 | 0.100754 | -0.50377 |
| Yes | Yes | Tie | 0 | 547943447680 | 0.00985 | 0 |
| Yes | Yes | Player wins with less than straight | 4 | 12372657154480 | 0.222419 | 0.889677 |
| Yes | Yes | Player wins with straight or higher | 5 | 2747896241164 | 0.049398 | 0.24699 |
| Player folds | -1 | 2517086880000 | 0.045249 | -0.045249 | ||
| Total | 55627620048000 | 1 | -0.020369 | |||
Explanation of table
The lower right cell shows a house edge of 2.037%. However I think this makes the game look like a worse bet than it really is. What this means is that for every dollar bet on the ante the player can expect to lose 2.037 cents. However by the end of the hand the average wager will be 3.8181 times the ante. So the element of risk, or ratio of loss to total amount bet is a much lower 2.037%/3.8181=0.5335%. The standard deviation is 3.500839.
According to Scott McIntosh the house edge is 5.5935% under the Atlantic City rules. I trust this figure because we agree exactly on the Las Vegas rules.
The following is when the player should fold according to the rules.
I have not quantified the strategy past the first decision point. I can say that under the Las Vegas rules the player who made the Flop bet will make the Turn bet 43.13% of the time, and the River bet 48.46% of the time. If the player made the turn bet, then he will also make the river bet 85.76% of the time. If the player made the flop bet, but not the turn bet, he will make the river bet 15.78% of the time.
The following table shows the expected value of all 169 possible initial hands under both the Las Vegas and Atlantic City rules.
| Two-Card Expected Values | ||
Initial Hand | Las Vegas Rules | Atlantic City Rules |
|---|---|---|
| 2,3 unsuited | -1.155927 | -1.195592 |
| 2,4 unsuited | -1.091604 | -1.13521 |
| 2,5 unsuited | -1.019987 | -1.067022 |
| 2,6 unsuited | -1.046723 | -1.077817 |
| 2,7 unsuited | -1.031301 | -1.050057 |
| 2,8 unsuited | -0.896002 | -0.917393 |
| 2,9 unsuited | -0.763132 | -0.784523 |
| 2,T unsuited | -0.613979 | -0.636507 |
| 2,J unsuited | -0.459414 | -0.478676 |
| 2,Q unsuited | -0.28969 | -0.305687 |
| 2,K unsuited | -0.102668 | -0.1154 |
| 2,A unsuited | 0.184373 | 0.160096 |
| 3,4 unsuited | -0.950034 | -1.009069 |
| 3,5 unsuited | -0.874456 | -0.937452 |
| 3,6 unsuited | -0.899632 | -0.946711 |
| 3,7 unsuited | -0.8854 | -0.919748 |
| 3,8 unsuited | -0.850607 | -0.872617 |
| 3,9 unsuited | -0.699497 | -0.724139 |
| 3,T unsuited | -0.549947 | -0.575726 |
| 3,J unsuited | -0.395206 | -0.417719 |
| 3,Q unsuited | -0.225563 | -0.24481 |
| 3,K unsuited | -0.038499 | -0.054482 |
| 3,A unsuited | 0.254437 | 0.226376 |
| 4,5 unsuited | -0.735126 | -0.813569 |
| 4,6 unsuited | -0.756096 | -0.819136 |
| 4,7 unsuited | -0.740561 | -0.790904 |
| 4,8 unsuited | -0.7068 | -0.744413 |
| 4,9 unsuited | -0.654394 | -0.679669 |
| 4,T unsuited | -0.487036 | -0.516079 |
| 4,J unsuited | -0.332233 | -0.358011 |
| 4,Q unsuited | -0.162612 | -0.185124 |
| 4,K unsuited | 0.024799 | 0.005551 |
| 4,A unsuited | 0.321642 | 0.290174 |
| 5,6 unsuited | -0.614318 | -0.692805 |
| 5,7 unsuited | -0.595481 | -0.661787 |
| 5,8 unsuited | -0.560487 | -0.614096 |
| 5,9 unsuited | -0.508593 | -0.549471 |
| 5,T unsuited | -0.437507 | -0.467184 |
| 5,J unsuited | -0.265364 | -0.294408 |
| 5,Q unsuited | -0.095642 | -0.12142 |
| 5,K unsuited | 0.092367 | 0.069855 |
| 5,A unsuited | 0.392893 | 0.358138 |
| 6,7 unsuited | -0.457726 | -0.536213 |
| 6,8 unsuited | -0.421014 | -0.48732 |
| 6,9 unsuited | -0.36839 | -0.421999 |
| 6,T unsuited | -0.297258 | -0.339273 |
| 6,J unsuited | -0.217975 | -0.244386 |
| 6,Q unsuited | -0.031216 | -0.056994 |
| 6,K unsuited | 0.156819 | 0.134306 |
| 6,A unsuited | 0.370719 | 0.351472 |
| 7,8 unsuited | -0.284039 | -0.362526 |
| 7,9 unsuited | -0.229986 | -0.296292 |
| 7,T unsuited | -0.157768 | -0.212535 |
| 7,J unsuited | -0.078216 | -0.116966 |
| 7,Q unsuited | 0.019887 | -0.003259 |
| 7,K unsuited | 0.224911 | 0.202399 |
| 7,A unsuited | 0.456798 | 0.434885 |
| 8,9 unsuited | -0.092377 | -0.170864 |
| 8,T unsuited | -0.016383 | -0.08401 |
| 8,J unsuited | 0.062709 | 0.011207 |
| 8,Q unsuited | 0.16144 | 0.125955 |
| 8,K unsuited | 0.282809 | 0.262927 |
| 8,A unsuited | 0.533716 | 0.511803 |
| 9,T unsuited | 0.127027 | 0.046521 |
| 9,J unsuited | 0.20434 | 0.139978 |
| 9,Q unsuited | 0.304465 | 0.256228 |
| 9,K unsuited | 0.428187 | 0.395968 |
| 9,A unsuited | 0.602407 | 0.583126 |
| T,J unsuited | 0.370279 | 0.288219 |
| T,Q unsuited | 0.471694 | 0.405776 |
| T,K unsuited | 0.600228 | 0.550453 |
| T,A unsuited | 0.78194 | 0.745643 |
| J,Q unsuited | 0.535555 | 0.472903 |
| J,K unsuited | 0.665761 | 0.619251 |
| J,A unsuited | 0.852493 | 0.819462 |
| Q,K unsuited | 0.735444 | 0.6922 |
| Q,A unsuited | 0.925311 | 0.895545 |
| K,A unsuited | 0.999317 | 0.972816 |
| 2,3 suited | -0.886985 | -0.923987 |
| 2,4 suited | -0.826008 | -0.866658 |
| 2,5 suited | -0.75798 | -0.801803 |
| 2,6 suited | -0.782881 | -0.811796 |
| 2,7 suited | -0.768076 | -0.785429 |
| 2,8 suited | -0.639021 | -0.658814 |
| 2,9 suited | -0.51015 | -0.529944 |
| 2,T suited | -0.364595 | -0.385438 |
| 2,J suited | -0.212709 | -0.23053 |
| 2,Q suited | -0.044946 | -0.059747 |
| 2,K suited | 0.141142 | 0.129363 |
| 2,A suited | 0.425022 | 0.402419 |
| 3,4 suited | -0.693044 | -0.74813 |
| 3,5 suited | -0.62123 | -0.679983 |
| 3,6 suited | -0.644776 | -0.688639 |
| 3,7 suited | -0.631082 | -0.663007 |
| 3,8 suited | -0.597478 | -0.617842 |
| 3,9 suited | -0.450882 | -0.473684 |
| 3,T suited | -0.304918 | -0.328768 |
| 3,J suited | -0.152868 | -0.173698 |
| 3,Q suited | 0.014889 | -0.002919 |
| 3,K suited | 0.201376 | 0.186589 |
| 3,A suited | 0.490618 | 0.464512 |
| 4,5 suited | -0.490199 | -0.563403 |
| 4,6 suited | -0.509707 | -0.5685 |
| 4,7 suited | -0.494853 | -0.541737 |
| 4,8 suited | -0.461634 | -0.496581 |
| 4,9 suited | -0.40913 | -0.432516 |
| 4,T suited | -0.246108 | -0.272979 |
| 4,J suited | -0.094025 | -0.117875 |
| 4,Q suited | 0.073849 | 0.053019 |
| 4,K suited | 0.260929 | 0.243121 |
| 4,A suited | 0.553554 | 0.524295 |
| 5,6 suited | -0.376191 | -0.449435 |
| 5,7 suited | -0.357989 | -0.419804 |
| 5,8 suited | -0.323018 | -0.372923 |
| 5,9 suited | -0.270833 | -0.308801 |
| 5,T suited | -0.199974 | -0.227429 |
| 5,J suited | -0.031373 | -0.058245 |
| 5,Q suited | 0.136745 | 0.112895 |
| 5,K suited | 0.324793 | 0.303963 |
| 5,A suited | 0.620767 | 0.588467 |
| 6,7 suited | -0.227072 | -0.300316 |
| 6,8 suited | -0.190276 | -0.252091 |
| 6,9 suited | -0.137464 | -0.187369 |
| 6,T suited | -0.066542 | -0.105559 |
| 6,J suited | 0.013273 | -0.011162 |
| 6,Q suited | 0.197628 | 0.173777 |
| 6,K suited | 0.385858 | 0.365029 |
| 6,A suited | 0.59982 | 0.582012 |
| 7,8 suited | -0.05986 | -0.133104 |
| 7,9 suited | -0.005551 | -0.067365 |
| 7,T suited | 0.066287 | 0.015313 |
| 7,J suited | 0.146267 | 0.110272 |
| 7,Q suited | 0.246024 | 0.22461 |
| 7,K suited | 0.451106 | 0.430277 |
| 7,A suited | 0.682911 | 0.662637 |
| 8,9 suited | 0.125648 | 0.052404 |
| 8,T suited | 0.200955 | 0.13792 |
| 8,J suited | 0.280795 | 0.232842 |
| 8,Q suited | 0.381333 | 0.348359 |
| 8,K suited | 0.50656 | 0.488168 |
| 8,A suited | 0.757219 | 0.736945 |
| 9,T suited | 0.33757 | 0.262459 |
| 9,J suited | 0.416267 | 0.356253 |
| 9,Q suited | 0.518407 | 0.473476 |
| 9,K suited | 0.646145 | 0.616192 |
| 9,A suited | 0.822276 | 0.80444 |
| T,J suited | 0.574533 | 0.497955 |
| T,Q suited | 0.677017 | 0.615537 |
| T,K suited | 0.808521 | 0.762138 |
| T,A suited | 0.990289 | 0.956538 |
| J,Q suited | 0.737666 | 0.679207 |
| J,K suited | 0.870492 | 0.82713 |
| J,A suited | 1.056211 | 1.02548 |
| Q,K suited | 0.936506 | 0.896165 |
| Q,A suited | 1.124432 | 1.096723 |
| K,A suited | 1.194024 | 1.169336 |
| 2,2 pair | -0.134137 | -0.140431 |
| 3,3 pair | 0.078584 | 0.068777 |
| 4,4 pair | 0.322289 | 0.308953 |
| 5,5 pair | 0.589457 | 0.572593 |
| 6,6 pair | 0.837465 | 0.820601 |
| 7,7 pair | 1.093669 | 1.076805 |
| 8,8 pair | 1.353048 | 1.336184 |
| 9,9 pair | 1.612114 | 1.59525 |
| T,T pair | 1.87899 | 1.860933 |
| J,J pair | 2.097415 | 2.082887 |
| Q,Q pair | 2.315838 | 2.304838 |
| K,K pair | 2.535691 | 2.528219 |
| A,A pair | 2.788899 | 2.78206 |
The bonus bet pays based only on the players hole cards, and in some cases the dealer's two hole cards. Who wins the hand does not matter. There seem to be two pay tables available for the bonus bet as follows. From what I hear the Atlantic City pay table is also used in Missouri and Indiana.
| Bonus Bet — Las Vegas Rules | ||||||
| Event | Pays | Combinations | Probability | Return | ||
|---|---|---|---|---|---|---|
| Player has AA, dealer has AA | 1000 | 6 | 0.000004 | 0.003694 | ||
| Player has AA | 30 | 7344 | 0.004521 | 0.135636 | ||
| Player has AK suited | 25 | 4900 | 0.003017 | 0.075415 | ||
| Player has AQ or AJ suited | 20 | 9800 | 0.006033 | 0.120664 | ||
| Player has AK unsuited | 15 | 14700 | 0.00905 | 0.135747 | ||
| Player has KK, QQ, or JJ | 10 | 22050 | 0.013575 | 0.135747 | ||
| Player has AQ or AJ unsuited | 5 | 29400 | 0.0181 | 0.090498 | ||
| Player has Pair 22 to 10,10 | 3 | 66150 | 0.040724 | 0.122172 | ||
| All other | -1 | 1470000 | 0.904977 | -0.904977 | ||
| Total | 1624350 | 1 | -0.085406 | |||
| Bonus Bet — Atlantic City Rules | ||||||
| Event | Pays | Combinations | Probability | Return | ||
|---|---|---|---|---|---|---|
| AA | 30 | 7350 | 0.004525 | 0.135747 | ||
| AK suited | 25 | 4900 | 0.003017 | 0.075415 | ||
| AQ or AJ suited | 20 | 9800 | 0.006033 | 0.120664 | ||
| AK unsuited | 15 | 14700 | 0.00905 | 0.135747 | ||
| KK, QQ, or JJ | 10 | 22050 | 0.013575 | 0.135747 | ||
| AQ or AJ unsuited | 5 | 29400 | 0.0181 | 0.090498 | ||
| Pair 22 to 10,10 | 3 | 66150 | 0.040724 | 0.122172 | ||
| All other | -1 | 1470000 | 0.904977 | -0.904977 | ||
| Total | 1624350 | 1 | -0.088989 | |||
The lower right cells show a house edge on the bonus bet of 8.5406% under the Las Vegas rules and 8.8989% under the Atlantic City rules.
A brute force approach was used to cycle through all possible cominations of cards. In total 7,089,794,712,000 hands were played out, requiring 72 days of computer time to loop through them all.
I would like to thank Scott McIntosh of Online Poker Room Reviews for his contributions to this page. He confirmed my Las Vegas results and provided the Atlantic City house edge and expected values. His program runs in six hours compared to the 72 days mine takes, so I was happy to use his numbers. For reviews and advice on playing poker online I encourage you to visit his web site.
There is a good Texas Hold 'Em Bonus calculator
at beatingbonuses.com.
Analysis
at ReviewPokerRooms.com.
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