Party Bad Beat Jackpot: Absolute Crap?

[RydenStoompala]

Thought I would check out the rules on this popular beast. I am anxious to know the math when they pay out to quad 8's or better, set aside 30% of the jackpot, and...

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Every time the jackpot is hit, 70% of the jackpot amount will be distributed and 20% will be used as seed amount for the next jackpot. 10% will be retained by Party Poker as administrative fee.

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Holy vig, batman! Is it just me or is the mob running online poker? $8 grand plus on each payout for adding a junk gimic game to a site?

This is better than being legally able to sell tabacco!

[smartalecc5]

No one is forcing you to play them and they do actually becomes +EV after a certain size - so they're not THAT bad.

[Reef]

It's actually more than 10%, but I'm not going to elaborate.

[krazyace5]

You mean because they take the actual rake and then rake the rake for the jackpot.

[theblitz]

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they do actually becomes +EV after a certain size

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I once asked that.
At what size does it become +EV to move over to the jackpot games?

[sthief09]

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they do actually becomes +EV after a certain size

[/ QUOTE ]
I once asked that.
At what size does it become +EV to move over to the jackpot games?

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www.bonuswhores.com

[SoftcoreRevolt]

If I were an anarcho Capitalist PartyGaming would be my favorite company on earth.

[AcmeSalesRep]

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You mean because they take the actual rake and then rake the rake for the jackpot.

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No...the rake on the jackpot portion alone is more than 10% because the portion that seeds the next jackpot will partially go to Party as well...

Acme

[theblitz]

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[ QUOTE ]
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they do actually becomes +EV after a certain size

[/ QUOTE ]
I once asked that.
At what size does it become +EV to move over to the jackpot games?

[/ QUOTE ]


www.bonuswhores.com

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[img]/images/graemlins/confused.gif[/img]

[sthief09]

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they do actually becomes +EV after a certain size

[/ QUOTE ]
I once asked that.
At what size does it become +EV to move over to the jackpot games?

[/ QUOTE ]


www.bonuswhores.com

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[img]/images/graemlins/confused.gif[/img]

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http://www.bonuswhores.com/party-poker.php