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 POKER STRATEGY

 

 

Sunday 5 September 2010

 

 

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Let it Ride

 

The Game

Five cards are dealt and you are to create as good a poker hand as possible. Three cards face up and two cards face down. Check your three cards and decide.


 

How to Play Let it Ride

As the player you place three equal bets on the table. You are then dealt three open cards and the dealer also puts two dark cards on the table. Based on the three cards dealt you can decide whether to play or take back one of your three bets or you Let it Ride. If one Let it Ride the dealer opens one of the dark cards and the poker hand now consists of four cards face up. The player can now decide to withdraw the second of its three equal bets or again Let it Ride. Staying in the game the dealer opens the last dark card and a poker hand can be created of the five cards.

 


Pair of 10s

The minimum that will payoff is a pair of tens. If pair of 2s or pair of 9s your wager is lost. If instead sitting on three of a kind you are paid 3 to 1 on your wager.

 

Wagers Pay

The following is standard pay on winnings in Let it Ride.

 

Pay Table

Pay

Royal

1000 to 1

Straight Flush

200 to 1

4 of a Kind

50 to 1

Full House

11 to 1

Flush

8 to 1

Straight

5 to 1

3 of a Kind

3 to 1

Two Pair

2 to 1

Pair of 10s or better

1 to 1

 

Note...Commonly Let it Ride has an aggregate payout limit of 25,000 per hand. This does however not include the progressive jackpot.

 

 

Detailed Odds and Payouts

 

Unit Details

Probability

Average units wagered per hand

1.22369%

Expectation per hand

-3.5034%

Expectation per bets wagered

-2.8630%

3 units remaining in action

6.9351%

2 units remaining in action

8.4983%

1 units remaining in action

84.5666%

 

Note... Let it Ride consists of 3 bets, i.e. units

 

 

Progressive Jackpot

 

Side Bets

In addition to the basic Let em Ride you can make a side bet to win a bonus up to 20 000. Just put a bet in the slot next to your original bets. If you hit a bonus hand you will be paid accordingly to pay schedule.

 

Winning hand

Pay

Royal Flush 

20 000

Straight Flush

2000

Four of a Kind

400

Full House

200

Flush

50

Straight

25

Three of a Kind

5

 

The above pay schedule gives the house an advantage of 25.53% on the side bet. Side bet is also known as the suckers bet, and if strictly playing optimal it should be avoided.

 

House Edge

Per the definition of standard rules and optimal play Let it Ride and with the above rules and winning wagers the following house edge applies.

 

With optimal play house edge is 3.50%.

 

 

 

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