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-   -   PPJP @ 450k! (http://archives2.twoplustwo.com/showthread.php?t=403637)

ClaytonN 12-22-2005 07:32 PM

PPJP @ 450k!
 
Isn't this pretty big?

ClaytonN 12-22-2005 07:53 PM

Re: PPJP @ 450k!
 
bonuswhores.com cites that the breakeven point, EV-wise, ranges from 130k to 200k dependant on the stakes you play.

It's currently almost at 450k. Anyone want to try and flood a table and play only BBJ hands?

12-22-2005 09:26 PM

Re: PPJP @ 450k!
 
im down

pokergrader 12-22-2005 09:51 PM

Re: PPJP @ 450k!
 
im in

MicroBob 12-22-2005 09:55 PM

Re: PPJP @ 450k!
 
good luck.

those tables usually don't work very well.

1. among 2+2'ers it becomes difficult to establish a set of 'rules'. Some people don't even know what the qualifying standards are anyway.

2. Always checking it down actually DOES have the chance of being caught by Party and they can decide that it's implicit collusion and not pay you (on the weird chance that you were to win).

3. It's hard to get 2+2'ers in all 10 seats.

4. We did one of those tables last year...it was mostly +EV for the sillyness and entertainment standpoint. -EV for time-spent at the tables though...and it's not even close.
Don't expect this to actually increase your chances enough of hitting the jackpot to make it worthwhile (especially considering the chance that party might screw you over on it anyway)


Not trying to ruin your fun on this. If you want to do it then go for it....just giving some reality here.

pokergrader 12-22-2005 09:59 PM

Re: PPJP @ 450k!
 
I just wanted the silliness

MicroBob 12-22-2005 10:21 PM

Re: PPJP @ 450k!
 
silly you can definitely have.

12-22-2005 11:07 PM

Re: PPJP @ 450k!
 
Yeah, the rules say no collusion, but I have no idea how that's enforced given that the $$ is deposited to your account instantaneously upon winning.

That said, I find it hard to think of a situation where collusion would really be of any benefit to anyone. With the jackpot so big, it's ordinarily [ok, maybe not ALWAYS, but pretty close] in each player's interest to call down with almost any hand that has any chance to qualify for the jackpot.

emonrad87 12-22-2005 11:13 PM

Re: PPJP @ 450k!
 
[ QUOTE ]
With the jackpot so big, it's ordinarily [ok, maybe not ALWAYS, but pretty close] in each player's interest to call down with almost any hand that has any chance to qualify for the jackpot.

[/ QUOTE ]


Hardly.

bwana devil 12-22-2005 11:26 PM

Re: PPJP @ 450k!
 
[ QUOTE ]
it's ordinarily [ok, maybe not ALWAYS, but pretty close] in each player's interest to call down with almost any hand that has any chance to qualify for the jackpot.


[/ QUOTE ]

this is very wrong. and it's ideas like this that make playing the BBJ tables profitable for decent players.

bwana

12-22-2005 11:31 PM

Re: PPJP @ 450k!
 
[ QUOTE ]
Hardly.

[/ QUOTE ]

Useless post.

I'll elaborate anyway: At $400,000, if you "win" the jackpot you get $160k. If you "lose" you get $80k. 15/30 is the highest limit available, right? So if you have to call 4 bets cold -- $120 -- drawing to one out (inside str8 flush draw), then -- if the board includes a pair 88 or above -- you clearly have odds to call. I'll bet it's even close if the flop is capped and you need runner-runner, even taking into account the (un)likelihood that any of the others has quad-8s or better or will get there.

That's just one example.

And stop making posts like "hardly". It's insulting and annoying, particularly when you're wrong. It's clear how you got to 2000 posts -- none of which, to my recollection, were in HUSH, medium stakes, or high stakes.

bwana devil 12-22-2005 11:35 PM

Re: PPJP @ 450k!
 
[ QUOTE ]
but I have no idea how that's enforced given that the $$ is deposited to your account instantaneously upon winning.

[/ QUOTE ]

oh and party has awarded a jackpot and then nullified it and put the money back in the jackpot pool. they did it because people at the table were chatting in the window the potential jackpot hand while it was going on.

just because it hits your party acct doesnt mean you have the cash in your hand.

bwana

MicroBob 12-23-2005 12:33 AM

Re: PPJP @ 450k!
 
[ QUOTE ]

I'll elaborate anyway: At $400,000, if you "win" the jackpot you get $160k. If you "lose" you get $80k. 15/30 is the highest limit available, right? So if you have to call 4 bets cold -- $120 -- drawing to one out (inside str8 flush draw), then -- if the board includes a pair 88 or above -- you clearly have odds to call. I'll bet it's even close if the flop is capped and you need runner-runner, even taking into account the (un)likelihood that any of the others has quad-8s or better or will get there.

[/ QUOTE ]


you are wrong. And I want to play at your tables.

Seriously...you are losing a LOT of EV if you are actually doing this.

You could barely have enough increased odds to make an extreme borderline fold change to a borderline-call....that's about it.

But to say that you should be trying to runner-runner straight-flushes and quads all the time (as you seemed to indicate might be correct) is REALLY off.

Also - there are some players who play any suited-connectors down to 32s from EP or for a raise against 1 player...whatever.
These are very good friends to have for any player who actually would prefer to win money.


In other news...I had JJ on a board of QQJJx yesterday and was getting REALLY freaking excited.
No dice...but I did win a nice sized-pot though.

jman220 12-23-2005 12:34 AM

Re: PPJP @ 450k!
 
[ QUOTE ]
[ QUOTE ]
Hardly.

[/ QUOTE ]

Useless post.

I'll elaborate anyway: At $400,000, if you "win" the jackpot you get $160k. If you "lose" you get $80k. 15/30 is the highest limit available, right? So if you have to call 4 bets cold -- $120 -- drawing to one out (inside str8 flush draw), then -- if the board includes a pair 88 or above -- you clearly have odds to call. I'll bet it's even close if the flop is capped and you need runner-runner, even taking into account the (un)likelihood that any of the others has quad-8s or better or will get there.

That's just one example.

And stop making posts like "hardly". It's insulting and annoying, particularly when you're wrong. It's clear how you got to 2000 posts -- none of which, to my recollection, were in HUSH, medium stakes, or high stakes.

[/ QUOTE ]

You do not have correct odds to chase a 1 or 2 outer for $120 to a 400k jackpot if the qualifying hand your opponent needs to have also is quad 8's or better. Its not even close. Its not even close to close. Do you see why?

MicroBob 12-23-2005 12:36 AM

Re: PPJP @ 450k!
 
[ QUOTE ]
but I have no idea how that's enforced given that the $$ is deposited to your account instantaneously upon winning.

[/ QUOTE ]


they enforce it by taking the money back.
it's their jackpot, their site, their rules.
They can do whatever they want.

If they wanted to they could say, "We decided that you guys don't deserve the jackpot because you all had too many vowels in your names so we're taking all the money back" and you probably couldn't do much about it.

jman220 12-23-2005 12:38 AM

Re: PPJP @ 450k!
 
[ QUOTE ]
[ QUOTE ]
but I have no idea how that's enforced given that the $$ is deposited to your account instantaneously upon winning.

[/ QUOTE ]


they enforce it by taking the money back.
it's their jackpot, their site, their rules.
They can do whatever they want.

If they wanted to they could say, "We decided that you guys don't deserve the jackpot because you all had too many vowels in your names so we're taking all the money back" and you probably couldn't do much about it.

[/ QUOTE ]

[censored] vowels.

Reef 12-23-2005 01:02 AM

Re: PPJP @ 450k!
 
WTF GOT HIT TWICE IN A MIN

jman220 12-23-2005 01:05 AM

Re: PPJP @ 450k!
 
[ QUOTE ]
WTF GOT HIT TWICE IN A MIN

[/ QUOTE ]

Well thats certainly statistically improbable.

JackOfSpeed 12-23-2005 01:05 AM

Re: PPJP @ 450k!
 
No...looks like it only got hit once.

But it still sucks that it got hit at all [img]/images/graemlins/frown.gif[/img]

Reef 12-23-2005 03:12 AM

Re: PPJP @ 450k!
 
[ QUOTE ]
No...looks like it only got hit once.


[/ QUOTE ]

no, it got hit twice within 1 minute. I'd be somewhat disappointed to be the 2nd batch to hit it (reduced JP)

teddyFBI 12-23-2005 04:49 AM

Re: PPJP @ 450k!
 
[ QUOTE ]
[ QUOTE ]
No...looks like it only got hit once.


[/ QUOTE ]

no, it got hit twice within 1 minute. I'd be somewhat disappointed to be the 2nd batch to hit it (reduced JP)

[/ QUOTE ]

FWIW, this is not the first time I've noticed this...the past few times it's gotten rather large (>300K), it has also grown over the course of 5-9 days and then been hit 2 or 3 times within an hour...enough to make you wonder just how independent these events are...

MicroBob 12-23-2005 04:54 AM

Re: PPJP @ 450k!
 
If it got hit twice then why is the JP currently at $100k.


I don't remember how much they keep to re-seed the JP but I think it's something like 30% (after their 10% 'administrative fee' maybe).

If it got hit twice I would expect it to be somewhere around $10k....not $100k.


Perhaps it got hit twice and they had some collusion or something weird at one of the tables and took it away??

Because the amount that the JP is at now certainly seems to indicate that it only got hit once.

handsome 12-23-2005 07:12 AM

Re: PPJP @ 450k!
 
DAMNITTTTTTT... All the hours I spent in the past 3 days trying to hit it were a waste of time and effort. Could someone please post the jackpot hand?

PairTheBoard 12-23-2005 07:22 AM

Re: PPJP @ 450k!
 
Does anybody figure Taxes into their EV calculation on the thing?

PairTheBoard

Robby Box 12-23-2005 07:37 AM

Re: PPJP @ 450k!
 
***** Hand History for Game 3247103688 *****
2/4 Texas Hold'em Game Table (Limit) - Thu Dec 22 23:58:50 EST 2005
Table Bad Beat Jackpot 1104129 (Real Money) -- Seat 1 is the button
Total number of players : 10
Seat 1: Dave ( $44)
Seat 2: Dee ( $58.16)
Seat 3: Dozy ( $132.50)
Seat 4: Beaky ( $90)
Seat 5: Mick ( $41.21)
Seat 6: Titch ( $97.50)
Seat 7: John ( $144.91)
Seat 8: Paul ( $127.50)
Seat 9: Ringo ( $100)
Seat 10: George ( $51.50)
Dee posts small blind (1)
Dozy posts big blind (2)
** Dealing down cards **
Dealt to Dave [ Qh, Jh ]
Dealt to Dee
Dealt to Dozy
Dealt to Beaky
Dealt to Mick
Dealt to Titch
Dealt to John
Dealt to Paul
Dealt to Ringo [ Kc, Kd ]
Dealt to George
Beaky folds.
Mick folds.
Titch calls (2)
John folds.
Paul calls (2)
Ringo raises (4) to 4
George folds.
Dave calls (4)
Dee folds.
Dozy calls (2)
Titch calls (2)
Paul calls (2)
** Dealing Flop ** : [ 9h, Kh, Ks ]
Dozy checks.
Titch checks.
Paul checks.
Ringo checks.
Dave bets (2)
Dozy folds.
Titch calls (2)
Paul calls (2)
Ringo calls (2)
** Dealing Turn ** : [ 9d ]
Titch checks.
Paul checks.
Ringo checks.
Dave bets (4)
Titch folds.
Paul folds.
Ringo raises (8) to 8
Dave calls (4)
** Dealing River ** : [ Th ]
Ringo bets (4)
Dave calls (4)
** Summary **
Main Pot: $50 | Rake: $2.50 | Jackpot Contribution: $0.50
Board: [ 9h Kh Ks 9d Th ]
Dave balance $76, bet $18, collected $50, net +$32 [ Qh Jh ] [ a straight flush, king high -- Kh,Qh,Jh,Th,9h ]
Dee balance $57.16, lost $1 (folded)
Dozy balance $128.50, lost $4 (folded)
Beaky balance $90, didn't bet (folded)
Mick balance $41.21, didn't bet (folded)
Titch balance $91.50, lost $6 (folded)
John balance $144.91, didn't bet (folded)
Paul balance $121.50, lost $6 (folded)
Ringo balance $82, lost $18 [ Kc Kd ] [ four of a kind, kings -- Kc,Kd,Kh,Ks,Th ]
George balance $51.50, didn't bet (folded)

Sciolist 12-23-2005 07:41 AM

Re: PPJP @ 450k!
 
If the bad beat jackpot were $4m instead of $400k, and you were playing 2/4, you'd probably be right. As it is though, you're not. The odds are off by a mile.

12-23-2005 09:41 AM

Re: PPJP @ 450k!
 
If those are the real screen names of the players on the table, then I yell FOUL!!

johnnymac 12-23-2005 12:13 PM

Re: PPJP @ 450k!
 
Way too many vowels in those names, hope party takes the money back!!! [img]/images/graemlins/mad.gif[/img]

Joe

Dudd 12-23-2005 03:17 PM

Re: PPJP @ 450k!
 
Love the guy calling down with K high straight flush. God bless you, Party Poker.

PairTheBoard 12-23-2005 05:02 PM

Re: PPJP @ 450k!
 
John, Paul, Ringo, and George?

PairTheBoard


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