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-   -   Party Poker BJ Tournament (http://archives2.twoplustwo.com/showthread.php?t=397007)

12-12-2005 06:01 PM

Party Poker BJ Tournament
 
According to the leaderboard a guy wagered 17,500 homeruns which is 1.75 million dollars over a 3 day period. How much you think partypoker made of this guy?

TheHammer24 12-12-2005 06:16 PM

Re: Party Poker BJ Tournament
 
He wins 200,000 right?

Assuming perfect play...that's a 0.6307% house advantage

(1,750,000 x -.006307) + (200,000) = 188,692.75

In the green :-D

KingMedicine 12-12-2005 06:21 PM

Re: Party Poker BJ Tournament
 
i believe all he wins is a 5000$ entry to another bj tourney and a cruise package.

so, in the red big time.

uncleshady 12-12-2005 06:33 PM

Re: Party Poker BJ Tournament
 
lol, I thought this was going to be a post about an actual tournament. I can only imagine that the guy who wins comes through by betting the smallest amount possible every time.

In a BJ tourney, can you not bet? I think that would be optimal strategy on Party.

benza13 12-12-2005 06:48 PM

Re: Party Poker BJ Tournament
 
From what I understand there is a decent amount of strategy in Blackjack Tourneys and there is always a minimum bet.

BeantownCaller 12-13-2005 12:55 AM

Re: Party Poker BJ Tournament
 
Yep in a big blackjack tourney the winner is gonna be the guy who sits on his starting chips and never makes a bet, because BJ is a -EV game and you always lose!

Some people are really smart in this forum. That's all I've got to say.

Next time you see someone coloring up into purples at the blackjack table kindly remind them that if they could have gone back in time the most +EV activity they could have been doing while sitting at the table would have been not playing. I'm sure they'll appreciate the tip and see if the casino wants their 5 grand back.

TheHammer24 12-13-2005 02:26 AM

Re: Party Poker BJ Tournament
 
There is a ton of strategy in BJ tournaments

MicroBob 12-13-2005 02:28 AM

Re: Party Poker BJ Tournament
 
I haven't looked at the promotion...but I don't think it's a BJ tourney that's ON Party. They are giving away packages to a cruise/BJ tourney.

It is correct that there is MUCHO strategy in a regular, big BJ tourney. Very different from a poker-tourney.

It would not be a winning strategy to bet the minimum on each round.

The last couple of hands there is some very tricky math involved at times regarding bet-size and playing decisions.
You aren't just trying to get the most chips and beat the dealer....there are times you actually would want to LOSE the hand (if you have $5 bet and your main opponents have $5000 bet).


Stanford Wong (blackjack card-counting pioneer) wrote a very good book on casino-tournament strategy (BJ, craps and 3-card-poker tourneys, etc etc).


I know only a little about BJ tourneys, but I've played in a few so I'm vaguely familiar with what happens in them.
I'm not pursuing this promotion though (haven't read it yet actually...so maybe I'll see something that I think is +EV after reading the terms for the promo...but I doubt it).

Sniper 12-13-2005 04:36 AM

Re: Party Poker BJ Tournament
 
[ QUOTE ]
haven't looked at the promotion...but I don't think it's a BJ tourney that's ON Party. They are giving away packages to a cruise/BJ tourney.

[/ QUOTE ]

They added the blackjack tournament to the Party Poker Million cruise!

cnfuzzd 12-13-2005 05:08 AM

Re: Party Poker BJ Tournament
 
[ QUOTE ]
Yep in a big blackjack tourney the winner is gonna be the guy who sits on his starting chips and never makes a bet, because BJ is a -EV game and you always lose!

Some people are really smart in this forum. That's all I've got to say.

Next time you see someone coloring up into purples at the blackjack table kindly remind them that if they could have gone back in time the most +EV activity they could have been doing while sitting at the table would have been not playing. I'm sure they'll appreciate the tip and see if the casino wants their 5 grand back.

[/ QUOTE ]

you need to relax man...

peace

john nickle


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