HAHAHAHAHAHAHAHA

[AleoMagus]

Side betting on the flop (http://www.partypoker.com/games/how_to_play/side_bets.html)

This is all a joke right?

Regards
Brad S

[microbet]

Yeah, that is dumb. Roulette on the side.

[Nicholasp27]

what are odds that you get dealt a 1-color flop?

i thought that it would be 25/51 * 24/50 because 25 of the 51 cards after the first one are the same color as the first and then 24 of the remaining 50 are the same color as the 1st...

but that's 23%, which is 3.34-1 and the bet pays 8-1

so i did something wrong...

[nyc999]

It pays 8 to 1. Off hand, anyone know the odds of an all red or black flop?

[microbet]

It's a little worse than 1 out of 8. You can either figure that out with math or by knowing how it goes when you gamble against the house.

[Nicholasp27]

ok, i see u have ot choose red or black

so then u just have to multiply by 26/52 (.5) for the first card to be your color

that's still 11.5%, which is <8-1

plus u have info on your holdings

if they let u bet after seeing ur cards, then 10 of u can join a table and collude to see if red or black has better odds of flopping...

[splashpot]

[ QUOTE ]
what are odds that you get dealt a 1-color flop?

i thought that it would be 25/51 * 24/50 because 25 of the 51 cards after the first one are the same color as the first and then 24 of the remaining 50 are the same color as the 1st...

but that's 23%, which is 3.34-1 and the bet pays 8-1

so i did something wrong...

[/ QUOTE ]
You have to guess the correct color too. So you can't just calculate the odds of the 2nd and 3rd card being the same as the first. Other than that, I'm not sure if the rest of your calculation is correct.

[microbet]

If you're playing with a 4 color deck you are hosed.

[benfranklin]

[ QUOTE ]
It pays 8 to 1. Off hand, anyone know the odds of an all red or black flop?

[/ QUOTE ]

It doesn't pay 8 to 1, it pays 8 for 1. (Think craps prop bets.) 8 for 1 is 7 to 1.

So it looks like, in whole numbers, the odds are 8-1 and it pays 7-1.

[downtown]

[ QUOTE ]
If you're playing with a 4 color deck you are hosed.

[/ QUOTE ]

nh

[Nicholasp27]

no, it says black and then says club or spade...so it's 2-color

what's wrong with my math? divide 23.5% in half for the fact u have to choose the color and it's still <8-1

[Nicholasp27]

ah, so it pays 7-1 and the odds are 7.7-1

[microbet]

I was joking obvi.

Odds of first one being, say, red, 26/52 = 1/2
second one 25/51 = 1/(a little more than 2)
third one is 24/50 = 1/(a little more than 2)

Multiply them all together and get 1/(a little more than 8)

[pergesu]

[ QUOTE ]
no, it says black and then says club or spade...so it's 2-color

[/ QUOTE ]
Right um I'm pretty sure that microbet was making a witty comment that went right past you.

[bluefeet]

"In the Side Bet Module, on the top, you will see the payout if you win a Side Bet. The payout is labelled “Side Bet Pays __ for 1” and is centered at the top of the module. If the amount is 8 for 1"...

the payout is conditional, as you might expect (of course they use an 8:1 "example" /images/graemlins/wink.gif)

[KingMedicine]

not that im the type to do this, but how many people's cards would you have to know in order to make this bet EV+?

i mean, say you and 9 friends sat at limit omaha tourney (which take forever to fill id assume) and IMd your colors each hand and then pounded the less prevalent color.

[microbet]

I haven't looked at it, but I'm sure they won't let you get enough info to make a profitable bet.

[Nicholasp27]

yeah, u make the bet before the hand is dealt...

[KingMedicine]

[ QUOTE ]
yeah, u make the bet before the hand is dealt...

[/ QUOTE ]

time for me to unregister from that limit omaha tourney and apologize to my 9 friends.

Just for the record, I think the odds of picking it right are actually 7.5 to 1, and no matter how shamelessly Party tries to phrase it, they're still only paying you at 7 to 1.

Next up, Party Poker ring toss. Get three ringers in a row and win a Party Poker towel purse.

[Dr_Jeckyl_00]

[ QUOTE ]
I was joking obvi.

Odds of first one being, say, red, 26/52 = 1/2
second one 25/51 = 1/(a little more than 2)
third one is 24/50 = 1/(a little more than 2)

Multiply them all together and get 1/(a little more than 8)

[/ QUOTE ]

you have 2 cards in your hand so wouldn't it be (26*25*24)/(50*49*48)=6.5 to 1 for the same suit to flop?

[Nicholasp27]

u make the bet before u are dealt

and u choose red or black...don't choose if same as ur hand

[Dr_Jeckyl_00]

[ QUOTE ]
u make the bet before u are dealt

and u choose red or black...don't choose if same as ur hand

[/ QUOTE ]

(26*25*24)/(52*51*50)=7.5 to 1... if bet pays 8:1 on a 7.5:1 shot this is good... what am I missing? Does my picking the color swing this to >8:1 to hit color of my choice?

[Nicholasp27]

it pays 7-1...8 bucks for 1 bet is 7-1

so it's -ev

[Isura]

[ QUOTE ]
what are odds that you get dealt a 1-color flop?

i thought that it would be 25/51 * 24/50 because 25 of the 51 cards after the first one are the same color as the first and then 24 of the remaining 50 are the same color as the 1st...

but that's 23%, which is 3.34-1 and the bet pays 8-1

so i did something wrong...

[/ QUOTE ]

How many ways to choose 3 cards out of 26 (26 choose 3).
How many ways to choose 3 cards out out of 52.

Divide the two numbers, it's about 12% (8.5 to 1).

[bluefeet]

[ QUOTE ]
"In the Side Bet Module, on the top, you will see the payout if you win a Side Bet. The payout is labelled “Side Bet Pays __ for 1” and is centered at the top of the module. If the amount is 8 for 1"...

the payout is conditional, as you might expect (of course they use an 8:1 "example" /images/graemlins/wink.gif)

[/ QUOTE ]

[eastbay]

[ QUOTE ]
[ QUOTE ]
u make the bet before u are dealt

and u choose red or black...don't choose if same as ur hand

[/ QUOTE ]

(26*25*24)/(52*51*50)=7.5 to 1... if bet pays 8:1 on a 7.5:1 shot this is good... what am I missing? Does my picking the color swing this to >8:1 to hit color of my choice?

[/ QUOTE ]

The bet pays 8 for 1. This is sleazeball for 7 to 1.

eastbay

[pokerdirty]

Where is the option for "tie"?

[Dr_Jeckyl_00]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
u make the bet before u are dealt

and u choose red or black...don't choose if same as ur hand

[/ QUOTE ]

(26*25*24)/(52*51*50)=7.5 to 1... if bet pays 8:1 on a 7.5:1 shot this is good... what am I missing? Does my picking the color swing this to >8:1 to hit color of my choice?

[/ QUOTE ]

The bet pays 8 for 1. This is sleazeball for 7 to 1.

eastbay

[/ QUOTE ]

That is f'd up... that would have fooled me, glad I have you guys to decipher this sh!t for me... now that you have explained I remember reading this in Malmuth's intro to craps book...

[fluorescenthippo]

come on. you think the house would give you an edge?