What are the true odds

Discuss proper hold strategies and "advantage play" and ask questions about how to improve your play.
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iluvsummer
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Joined: Tue Apr 24, 2007 10:00 pm

What are the true odds

Post by iluvsummer »

Since 3 of a kind pays 3 times your bet what would the true payout be if there was no house advantage?

shadowman
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Joined: Mon Oct 23, 2006 5:42 pm

Post by shadowman »

I'm sorry but I don't quite understand the question. In VP there are several pay table elements returning various amounts. Three of a kind is only one of those and occurs once 13.43 hands playing perfect 9/6 JoB strategy. However, if it paid back 13.43 times the bet then the game would already return 100% without considering other winning results.
 
Not sure if this helps or if I'm even close to answering your question.

iluvsummer
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Post by iluvsummer »

If there was no house advantage what would the true pay outs be for high pair,2 pair,3of a kind,etc.

New2vp
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Joined: Mon Sep 11, 2006 4:02 am

Post by New2vp »

If there was no house advantage what would the true pay outs be for high pair,2 pair,3of a kind,etc.
 

If you want all the payoffs to be inversely proportional to the frequency of each line and no house edge, for Jacks or Better with 5 coins, the payoffs would be:
                                         Whole Coins
Royal Flush     17877.585     18261
Straight Flush   2700.591       2719
4 of a Kind          254.595         259
Full House             51.820           52
Flush                     36.926           37
Straight                 32.141           32
3 of a Kind               8.335             8
2 Pairs                     4.742             5
Pair of Js-As             3.196             3
 
The second column shows rounded values.  The payoffs at the top of this column have to increase so that the house edge is still zero, since rounding affects the bottom values considerably.  Note that this table pays off only 3 coins on a 5-coin bet when there is a high pair.
 
About 1/9 of the return is in the royal flush so this game would be quite volatile with the variance being nearly 25 times that of 9/6 Jacks or Better. Actually, 1/9 of the return is in each pay line, which is how the values were derived. 

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