Re: Bad Beat Jackpot Question
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Bad Beat Jackpot = -EV. I have not done the math but I don't see how this can possible be +EV. I play live low stakes where a buck is raked from each pot. There is no way there is a pos expectation from this rake (maybe if I was playing higher limits it would be). If it was +EV for the players the casino would not 'rake' it...I think it is just a way to generate action and increase players in the game. People follow the BBJ around town...i guess that would increase your EV...but it would still be negative.
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when the jackpot reaches a certain amount, it is definitely +EV
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