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#1
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Party Poker Sidebets
What is the EV of these bets?
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#2
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Re: Party Poker Sidebets
- 0 -
Vince |
#3
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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. |
#4
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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. |
#5
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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
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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. |
#7
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Re: Party Poker Sidebets
-15%
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#8
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Re: Party Poker Sidebets
EV = $8 *(1/8.5) - 1 *(7.5/8.5) = .94 - .88 = -6.25%
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#9
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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. |
#10
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Re: Party Poker Sidebets
Thanks all, this "8 for 1" explanation makes everything clear.
That is very sneaky of them. |
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