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  #1  
Old 12-14-2005, 09:50 PM
adanthar adanthar is offline
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Join Date: Apr 2004
Posts: 27
Default Party blackjack is attracting some sick gamblers

As the welcome screen at Party tells you this month, the top 21 BJ players in a 2 week period get to go on the PPM boat and play some BJ tournament (how do those even work?)

The promo started on the 9'th. Here's the leaderboard:

http://www.partypoker.com/news/events/pp_wtleaders.html

A 'home run' is just a $100 wager, so the top player has so far wagered 2.5 million dollars...in 5 days.

Yeah.
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  #2  
Old 12-14-2005, 09:57 PM
GrannyMae GrannyMae is offline
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Join Date: Sep 2002
Posts: 3,449
Default Re: Party blackjack is attracting some sick gamblers

(how do those even work?)

25 hands per round. has a moving button. person with button places wager last.
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  #3  
Old 12-14-2005, 10:02 PM
popniklas popniklas is offline
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Join Date: Dec 2004
Location: Stockholm, Sweden
Posts: 174
Default Re: Party blackjack is attracting some sick gamblers

Omgwtf. 2.5 MILLION. A daily average of slightly more than five thousand $100 bets. Jesus Christ.

Assuming the HA is 0.45% or so, he has taken around 12K in -EV.

It would be interesting to know:

1. Whether he is up or down and how much.
2. Whether he is rich/not-so-rich/indepted.
3. Whether he plays poker and what games.
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  #4  
Old 12-14-2005, 10:08 PM
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Default Re: Party blackjack is attracting some sick gamblers

Im only 25,630 "home runs" behind this guy. I better get started.
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  #5  
Old 12-14-2005, 11:12 PM
lighterjobs lighterjobs is offline
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Join Date: Feb 2005
Location: Oklahoma
Posts: 908
Default Re: Party blackjack is attracting some sick gamblers

so is a homerun given for every $100 wagered or every $100 bet? ie are four $25 bets in four different hands construed as a homerun?
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  #6  
Old 12-14-2005, 11:24 PM
MexKrax MexKrax is offline
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Join Date: Feb 2005
Posts: 24
Default Re: Party blackjack is attracting some sick gamblers

The way I read it 4 $25 bets gets you nothing.

Actually looks like this promotion has some reasonable EV. If you wager 900 000 your expected loss is ~4K. The value of the cruise and tournament entry is $5800. Making this worth ~1800 if 9000 home runs will be enough to win. If you can play 400 hands an hour then your hourly rate would be ~$80/h.
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  #7  
Old 12-14-2005, 11:30 PM
lighterjobs lighterjobs is offline
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Join Date: Feb 2005
Location: Oklahoma
Posts: 908
Default Re: Party blackjack is attracting some sick gamblers

i just read that page and it said for every $100 you wager you get a homerun. so that means if you wager $1k and double down, that's 20 homeruns right there.

25k homeruns is sick.
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  #8  
Old 12-14-2005, 11:32 PM
Shoe Shoe is offline
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Join Date: Jul 2004
Location: Mil-town
Posts: 98
Default Re: Party blackjack is attracting some sick gamblers

What's the max bet?
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  #9  
Old 12-14-2005, 11:34 PM
bobbyi bobbyi is offline
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Join Date: Nov 2003
Location: Seattle, WA
Posts: 14
Default Re: Party blackjack is attracting some sick gamblers

[ QUOTE ]
What's the max bet?

[/ QUOTE ]
$200
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  #10  
Old 12-14-2005, 11:39 PM
lighterjobs lighterjobs is offline
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Join Date: Feb 2005
Location: Oklahoma
Posts: 908
Default Re: Party blackjack is attracting some sick gamblers

[ QUOTE ]
[ QUOTE ]
What's the max bet?

[/ QUOTE ]
$200

[/ QUOTE ]

oh. is there a limit to how many tables?
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