Caribbean Poker
Strategy
The only decision a player has to make in a game of Caribbean poker is whether to fold or raise after he has received his hand. We would recommend to you the following strategy guidelines. If your hand is lower than an Ace/King, fold it. If you have a hand of one pair or higher, call a bet.This is true also if your pair is relatively low. (You stand a 42% percent chance to get a pair every round.) If you have an Ace/King hand or higher plus a card that is similar to the dealer's face up card, call a bet.If you have an Ace/King hand you should bet and not fold if:
A. the dealer's up card matches your card, and is in the ranking range of 2 to Queen B. the dealer's up card is an Ace or a King and you are holding a Queen or a Jack. C. the dealer's up card doesn't match your cards, is lower than the your fourth highest card and you are holding a Queen or higher. Statistics chart for Caribbean poker
If you are interested in strategy statistics, take a close look at the following chart. | Strategy | Total loss | House edge | Element of risk | | Perfect strategy | 1,041,372,912,372 | 5.224% | 2.555% | | Three rules of thumb (above) | 1,041,417,758,724 | 5.225% | 2.554% | | Raise on ace/king/jack/8/3 or better | 1,059,715,400,580 | 5.316% | 2.596% | | Raise on any pair or better | 1,090,272,101,460 | 5.470% | 2.738% | | Raise on any ace/king or better | 1,132,600,203,540 | 5.682% | 2.672% | | Playing blind (raise on everything) | 3,310,360,338,060 | 16.607% | 5.536% | | Matching rank | 1,063,176,931,284 | 5.334% | 2.616% |
Chart explanations:
"House Edge": The ratio of the average sum which is lost to the initial bet. Raises do not count in the ratio.
"Element of Risk": The ratio of the average sum which is lost to the total sum of bets (including raises).
Notice that in perfect strategy the house edge is 5.224% where as the element of risk is 2.555%. The Progressive Jackpot Side Bet
Caribbean poker offers the players to place a side bet of $1 dollar, which goes into a Jackpot that can be won if a player receives a hand rank of Flush or higher. This winning sum is called progressive payout schedule. We would advise you to make this bet only when the size of the pot is big enough to make the risk worth your while.
If two players have Royal Flush hands (a very rare occasion), there are two ways to go about it. The first is to simply split the pot between them, fifty-fifty. The second way is to give the Jackpot to the player sitting closest to the left of the dealer, leaving the other player the sum of money that the Jackpot will be re-seeded with by the casino. This sum is not small - it may be $10,000 or even $20,000 dollars.
If two players have Straight Flush hands, the player sitting closer to the dealer's left will receive 10% percent of the meter and the other player will receive 10% percent of what is left.
One thing is clear: if you can sit closer to the left of the dealer, make a go for it! Jackpot Side Bet Payoff Chart
Different games have different payoff charts, however all of them progress from paying 10% for a Straight Flush to paying 100% for a Royal Flush. | Table 1 | Table 2 | Table 3 | Table 4 | Table 5 | Table 6 | | Royal flush | 100% | 100% | 100% | 100% | 100% | 100% | | Straight flush | 10% | 10% | 10% | 10% | 10% | 10% | | Four of a kind | $100 | $150 | $500 | $500 | $500 | $500 | | Full house | $75 | $100 | $100 | $150 | $75 | $100 | | Flush | $50 | $50 | $50 | $75 | $50 | $75 |
Casino Chart
These are the casinos that play by the different tables*:
Table 1: Ballys, Paris, California, Las Vegas Club, Hilton
Table 2: Luxor, Excalibur, Mandaley Bay, Monte Carlo
Table 3: Bellagio, Venetian, Rio, Every casino in Atlantic City, Casino Niagara (Niagara Falls, Ontario), Grand (Tunica), Gold Strike (Tunica), Ballys (Tunica), Sheraton (Tunica), Isle of Capri (Tunica), Hollywood (Tunica), Harrah's (Tunica)
Table 4: Harrah's, Circus Circus
Table 5: Flamingo Hilton
Table 6: Imperial Palace, Horseshoe (Tunica) If not stated otherwise, the casino is in Las Vegas.A Jackpot's Meter
Jackpots have a "meter", of usually 70-75% percent. This means, for example, that for every 1$ bet made $0.71 goes to the Jackpot and $0.29 is collected by the casino. This is not the casino's profit: the payoffs are paid out of the meter, so eventually that money is won back by the players.
When a player with a Royal Flush scoops the pot, the casino will automatically put in the Jackpot $10,000 dollars (know as the "seed"). The meter enables this action.
It is important to remember that though 25-30% percent of every bet is collected by the house, the house will need to seed the Jackpot only on the rare occasion of a Royal Flush. (In all other situations winning players will receive only part of the Jackpot.) Payoffs Chart
This chart shows different payoff tables. (The letter J refers to the Jackpot meter.)
Table 1: (598,600 + 7.6 * j) / 2,598,960
Table 2: (723,400 + 7.6 * j) / 2,598,960
Table 3: (941,800 + 7.6 * j) / 2,598,960
Table 4: (1,256,700 + 7.6 * j) / 2,598,960
Table 5: (848,200 + 7.6 * j) / 2,598,960
Table 6: (1,069,500 + 7.6 * j) / 2,598,960 Average Return Jackpot Meter Chart
This chary shows the Jackpot level in comparison with different rates of return. | Table 1 | Table 2 | Table 3 | Table 4 | Table 5 | Table 6 | | 25% | 6,729 | -9,692 | -38,429 | -79,863 | -26,113 | -55,232 | | 30% | 23,827 | 7,406 | -21,331 | -62,765 | -9,015 | -38,133 | | 35% | 40,926 | 24,505 | -4,232 | -45,666 | 8,084 | -21,035 | | 40% | 58,024 | 41,603 | 12,866 | -28,568 | 25,182 | -3,936 | | 45% | 75,123 | 58,702 | 29,965 | -11,469 | 42,281 | 13,162 | | 50% | 92,221 | 75,800 | 47,063 | 5,629 | 59,379 | 30,261 | | 55% | 109,319 | 92,898 | 64,162 | 22,727 | 76,477 | 47,359 | | 60% | 126,418 | 109,997 | 81,260 | 39,826 | 93,576 | 64,457 | | 65% | 143,516 | 127,095 | 98,358 | 56,924 | 110,674 | 81,556 | | 70% | 160,615 | 144,194 | 115,457 | 74,023 | 127,773 | 98,654 | | 75% | 177,713 | 161,292 | 132,555 | 91,121 | 144,871 | 115,753 | | 80% | 194,812 | 178,391 | 149,654 | 108,219 | 161,969 | 132,851 | | 85% | 211,910 | 195,489 | 166,752 | 125,318 | 179,068 | 149,949 | | 90% | 229,008 | 212,587 | 183,851 | 142,416 | 196,166 | 167,048 | | 95% | 246,107 | 229,686 | 200,949 | 159,515 | 213,265 | 184,146 | | 100% | 263,205 | 246,784 | 218,047 | 176,613 | 230,363 | 201,245 | | 105% | 280,304 | 263,883 | 235,146 | 193,712 | 247,462 | 218,343 | | 110% | 297,402 | 280,981 | 252,244 | 210,810 | 264,560 | 235,442 | | 115% | 314,501 | 298,079 | 269,343 | 227,908 | 281,658 | 252,540 | | 120% | 331,599 | 315,178 | 286,441 | 245,007 | 298,757 | 269,638 | | 125% | 348,697 | 332,276 | 303,539 | 262,105 | 315,855 | 286,737 |
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