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Forum: Brick and Mortar

11-18-2007, 09:29 AM

Replies: 66

Bad Beat Jackpots = Zero Sum?

Views: 626

Posted By bav

Re: schmuck boy right but for the wrong reasons

[ QUOTE ]
Lets see, abunch of Harrah's owned joints run freeroll were you win seats to events at the WSOP, now I don't know, but I'd be willing to bet they buy the seat at full price from the...

Forum: Brick and Mortar

11-17-2007, 08:40 AM

Replies: 66

Bad Beat Jackpots = Zero Sum?

Views: 626

Posted By bav

Re: Bad Beat Jackpots = Zero Sum?

[ QUOTE ]
On a pot of $35 or more, the house rounds up and the rake would be $4.

[/ QUOTE ]
Uhhhh... Not even slightly true in Nevada. They CANNOT rake more than 10% ever, and they don't get...

Forum: Brick and Mortar

11-17-2007, 07:53 AM

Replies: 66

Bad Beat Jackpots = Zero Sum?

Views: 626

Posted By bav

Re: schmuck boy right but for the wrong reasons

[ QUOTE ]
One local casino is running a freeroll scam.

If you read the rules the freeroll isn't free, there is a $10 fee, but the house will issue $10 to each player to enter the freeroll.

So...

Forum: Brick and Mortar

11-16-2007, 07:13 PM

Replies: 66

Bad Beat Jackpots = Zero Sum?

Views: 626

Posted By bav

Re: Bad Beat Jackpots = Zero Sum?

[ QUOTE ]
[ QUOTE ]
Gaming regulations prohibit them from raking more than 10% from a game, and raking the BBJ/HHJ drop would put 'em over 10%.

[/ QUOTE ]

Wouldn't that only be true if the...

Forum: Brick and Mortar

11-16-2007, 03:47 PM

Replies: 66

Bad Beat Jackpots = Zero Sum?

Views: 626

Posted By bav

Re: Bad Beat Jackpots = Zero Sum?

[ QUOTE ]
1) On the math, IMO, BBJ's are -EV because less than the sum collected goes back to the player.

[/ QUOTE ]
Not true in Nevada. Gaming regulations prohibit them from raking more than...

Forum: Brick and Mortar

11-16-2007, 02:26 PM

Replies: 66

Bad Beat Jackpots = Zero Sum?

Views: 626

Posted By bav

Re: Bad Beat Jackpots = Zero Sum?

BBJ is highly +EV if you only play in the room when the jackpot is very large. It is highly -EV if you're a room regular who plays day after day regardless of the jackpot. Sure, overall the BBJ is...

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