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Poker Odds and Probabilities
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The earliest direct reference to the game Poker shows it's origins in New Orleans around 1830. Five-card draw poker was once the poker game that everyone and his mother knew how to play. It's the game you'll see in numerous poker scenes in old westerns, the game that many of us first learned, a game to feel nostalgic about. But in recent years, the game has almost vanished. Among the numerous events at the World Series of Poker, there is no five-card draw event. Want to play it in a casino? No problem if you live in California, own a time machine and can go back to 1978. Until the recent surge in popularity of Texas Holdem, Seven Card Stud was the most popular poker game played for many years. Holdem - an abbreviated term for Texas Holdem, which is also spelled Hold'em or Hold 'Em - is a community-card Poker variation that is now the most popular card game in Las Vegas, Atlantic City and other American casinos. Texas Holdem is the game you see in the World Series of Poker on TV. Omaha Holdem is similar to Texas Holdem in some ways, but the players receive additional hole cards, and the hand must consist of 2 and exactly 2 cards from the players' hole cards and 3 and exactly 3 cards from the board. (As opposed to Texas Holdem, where the hands can consist of any combination of board and hole cards.)
Some poker sounding games are really not poker: Caribbean Stud, Let It Ride and Pai Gow Poker are casino games played against the house with some poker elements.
Caribbean Stud Rules
After all players opting to stay in the game have put up their call bets, the dealer/casino will reveal its four facedown cards. If the dealer's hand does not have at least an Ace/King, the casino automatically loses. Even if the dealer's hand contains a better high card than a player hand with absolutely nothing, the player will still win since the dealer's hand did not qualify with at least an Ace/King. If the dealer does not qualify, players are paid even money on their ante bets only, and are given back their call bets. If the dealer's hand does indeed qualify, it is compared to each players hand according to standard poker hand rankings. If it ranks higher, the player loses both the ante and call bet to the House. If the player's hand wins, the casino pays even money on the ante bet in addition to bonus earnings on the call bet. Since Caribbean Stud is a progressive game with a payout structure somewhat similar to a video poker machine, the amount of the bonus earnings on the call bet depends on the casino call bet bonus schedule.
Five Card Draw probabilities
Links: Video Poker, Caribbean Stud and Pai Gow Poker at the gambling page. Introduction to Poker at Poker Magazine Return to Gambling
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