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  #1  
Old 10-08-2005, 10:39 PM
rwesty rwesty is offline
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Default Party Poker Sidebets

What is the EV of these bets?
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  #2  
Old 10-08-2005, 11:16 PM
Vincent Lepore Vincent Lepore is offline
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Default Re: Party Poker Sidebets

- 0 -

Vince
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  #3  
Old 10-09-2005, 03:04 PM
Gabe Gabe is offline
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Default Re: Party Poker Sidebets

[ QUOTE ]
- 0 -

Vince

[/ QUOTE ]

Care to share your work?

I don't see why they would offer a bet and not have the best of it.
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  #4  
Old 10-09-2005, 04:19 PM
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Default Re: Party Poker Sidebets

[ QUOTE ]
[ QUOTE ]
- 0 -

Vince

[/ QUOTE ]

Care to share your work?

I don't see why they would offer a bet and not have the best of it.

[/ QUOTE ]

Likewise.
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  #5  
Old 10-09-2005, 05:25 PM
yellowjack yellowjack is offline
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Default Re: Party Poker Sidebets

I've posted the EV in several different threads now. I don't know what is so difficult about it. Obviously Vince did no work. He might have been joking with the 0 because if you do not bet then your EV is 0.
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  #6  
Old 10-10-2005, 01:12 AM
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Default Re: Party Poker Sidebets

[ QUOTE ]
I've posted the EV in several different threads now. I don't know what is so difficult about it. Obviously Vince did no work. He might have been joking with the 0 because if you do not bet then your EV is 0.

[/ QUOTE ]

Yeah, it's amazing. Someone posts the correct math with working and noone wants to believe it or pay it any heed. This is what makes poker is such a great game.
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  #7  
Old 10-08-2005, 11:29 PM
tonypaladino tonypaladino is offline
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Default Re: Party Poker Sidebets

-15%
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  #8  
Old 10-08-2005, 11:43 PM
TomCollins TomCollins is offline
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Default Re: Party Poker Sidebets

EV = $8 *(1/8.5) - 1 *(7.5/8.5) = .94 - .88 = -6.25%
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  #9  
Old 10-11-2005, 02:23 AM
BruceZ BruceZ is offline
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Default Re: Party Poker Sidebets

[ QUOTE ]
EV = $8 *(1/8.5) - 1 *(7.5/8.5) = .94 - .88 = -6.25%

[/ QUOTE ]

EV = $7 *(1/8.5) - 1 *(7.5/8.5) = -5.88%

The payout is 8 FOR 1, which means 7 TO 1, not 8 TO 1. Otherwise it would be +EV.
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  #10  
Old 10-11-2005, 11:12 AM
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Default Re: Party Poker Sidebets

Thanks all, this "8 for 1" explanation makes everything clear.

That is very sneaky of them.
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