Party Side Bets

xwillience · #1 10-10-2005, 11:38 PM

with the new sidebet feature on Party what are the odds that the flop is going to come all one color. if the the payouts are high enough it may present an interesting opportunity to make money on top of playing poker... just something to look into and im not really sure how to calculate it so if someone can post it here that would be cool

Fabian · #2 10-10-2005, 11:49 PM

I think it's slightly above or slightly below 5%, or 19 to 1.

wegs the wegs · #3 10-11-2005, 12:56 AM

[ QUOTE ]
if the the payouts are high enough it may present an interesting opportunity to make money on top of playing poker...

[/ QUOTE ]

Do you really think that Party would offer anything where they have a disadvantage? It's just like any other table game. In this instance for every $100 you bet you should win just over $94 in return in the long run. Don't do it, unless you hate money.

gol4pro · #4 10-11-2005, 01:18 AM

I don't play at party, so I'm not sure if you bet before or after seeing your cards. However, I will calculate assuming you do it before.

26c3/52c3
or
26/52*25/51*24/50

I know it also pays 8:1. Here's an easy way to show its rigged against you. If you have a coin, the odds of flipping it heads 3 times in a row is 1/8 (1/2)^3. Well, the first card being specifically red is 26/52, or 1/2. Then the next 1 has a red card missing, so its 25/51, or a slightly weighted coinflip. And finally we have 24/50.

By a quick look, looks like they have ~5% margine here.

benfranklin · #5 10-11-2005, 01:20 AM

[ QUOTE ]
with the new sidebet feature on Party what are the odds that the flop is going to come all one color. if the the payouts are high enough it may present an interesting opportunity to make money on top of playing poker... just something to look into and im not really sure how to calculate it so if someone can post it here that would be cool

[/ QUOTE ]

First you have to pick red or black before any cards are dealt. Then, the odds against three cards of that color coming on the flop is roughly 8-1 (I believe it is about 7.8-1). Party gives the payout as 8 for 1, which may sound like 8-1, but is really 7-1.

If you like those odds, you'll love the prop bets at the craps table. Yo!!!

Skip Brutale · #6 10-11-2005, 01:33 AM

Ive been making side bets every hand and so far Ive had a run of bad luck but Im pretty sure this thing is in our advantage and in time it'll even out!

jzpiano14 · #7 10-11-2005, 02:47 AM

[ QUOTE ]
Ive been making side bets every hand and so far Ive had a run of bad luck but Im pretty sure this thing is in our advantage and in time it'll even out!

[/ QUOTE ]

good luck...u must hate money

Skip Brutale · #8 10-11-2005, 03:00 AM

[ QUOTE ]
[ QUOTE ]
Ive been making side bets every hand and so far Ive had a run of bad luck but Im pretty sure this thing is in our advantage and in time it'll even out!

[/ QUOTE ]

good luck...u must hate money

[/ QUOTE ]

If I hated money then why would I be making sidebets?

suntsu69 · #9 10-11-2005, 03:45 AM

if you have 2 black cards in hand, then the odds are 26/50*25/49*24/48 which gives you 6% profit i think

MicroBob · #10 10-11-2005, 04:02 AM

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but Im pretty sure this thing is in our advantage and in time it'll even out!

[/ QUOTE ]

I'm pretty sure you're a troll/moron (it's SOOOO hard to tell the difference these days).

Incredibly, I do believe that this guy might be serious.
I've met players who were PRETTY SURE that their methods to beat Craps or Roulette or whatever other -EV game were actually working.
Some people are just dumb.