Press Release: Sklansky's ''WORLD POKER TOUR ALL-IN HOLD 'EM(TM)"

[bobbyi]

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Edit: Ah, the house edge is in the side/sucker bets. Should have seen that coming.

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The house edge is also in the fact that no one is going to play optimally. For blackjack, at least some people sit there with the little reference cards or have basic strategy roughly memorized (or ask the dealer what to do). In craps, playing optimally is easy. How many people who sit down to play this new game do you really think will play anywhere near correctly?

[NoRiverRats]

Might be good for gettting people into the game, less intimidation in playing a table game like that than walking into a poker room and sitting down with degenerates like 2plus2ers.

[MCS]

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How many people who sit down to play this new game do you really think will play anywhere near correctly?

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Yeah, the optimal strategy is pretty nonintuitive. Even being a good poker player doesn't help all that much with this game. That's why I think the house edge in practice will be huge.

[ddubois]

It somehow seems unfair that the game hardest to play optimally has the largest house edge when played optimally.

[BlueBear]

This game will appeal to both the casual (who wishes to copy their heroes in TV) and serious mathematical gambler (who searches for the least -EV game). This game sounds like a winner. Well done, David.

[Clarkmeister]

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In a sincere tone, (since people who say 'use the search function' are ususally being jerks), if you search, I'm pretty sure it was mentioned a while back ... 6 months - 1 year? I can't remember, but I thought I saw it a while ago.

I'd be interested to know if you find it.

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You're right, I should have searched on this.

Well, I slogged through the archive server search and found nothing. I probably didn't have the search terms right. However, it only took a second with Google to find this from the Wizard of Odds.

The house edge is suprisingly small. I'm surprised it was even spread at a casino. I guess the power of the poker boom makes it worth it.

Regards,

T

Edit: Ah, the house edge is in the side/sucker bets. Should have seen that coming.

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It's MUCH harder for most people to play optimally. This game tends to be the highest hold game on the floor. It almost holds too high.

[Easy E]

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said Lakes Entertainment CEO Lyle Berman. "The number one reason that it has proven to be so popular is that it is so 'player friendly.' It's extremely simple--easy to play and to deal."

That was followed by a report from Jason Pool, Vice President Table Games at Lac Vieux Desert in Michigan, who advised: "I just thought I would tell you about the AWESOME numbers. In the last three months the game has been averaging a hold percentage that is 50% above our projections.

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I guess I'll have to redefine "player-friendly." [img]/images/graemlins/confused.gif[/img]

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and experience the thrill of making an "all-in" raise or a big bluff

If the dealer calls (based on specific rules), the play continues with the flop, turn and the river. If the player's best five-card poker hand beats the dealer's, the player wins his ante and raise bet.


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No wonder it's holding so well for the casino, if people are "bluffing" the dealer [img]/images/graemlins/shocked.gif[/img]

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I guess I'll have to redefine "player-friendly."

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Casino Owner Dictionary

Definition of "player-friendly"
<ul type="square"> 1. Requires no gambling knowledge to participate
2. Allows occasional winning by participant
3. Requires no gambling knowledge to participate
4. Allows multiplicity of ways to lose money
5. Requires no gambling knowledge to participate
6. Provides opportunity to relate adventures to "folks back home"
7. Requires no gambling knowledge to participate[/list]

[kenberman]

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and serious mathematical gambler (who searches for the least -EV game).

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how will this game attract the serious mathematical gambler?

this game is unbeatable (unlike blackjack, sometimes anyway) and has a word edge than craps.

Is this the same game that was shown on "American Casino"?