Caribbean Stud Poker OddsBy: CasinoAdvisor.com, Sunday June 8th 2008
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The odds in Caribbean Stud Poker are based on statistics and calculating the probability of certain outcomes. With odds that is talking about the players chances of winning. There have been a lot of books and other information released regarding Caribbean Stud Poker strategy and probability. In this article we are going to look at certain aspects of strategy that could lower the house edge and increase your odds.
One strategy says you should only play a hand if you have A K J 8 3 or better. The other hands should be folded. If you play with this strategy you will lower the house edge to 2.6 percent from the 5.2 percent it is normally at. Again this helps to increase your overall odds in the game.
If you do decide to play this strategy you should know that you will fold about 46 percent of the time. In some cases you may fold 54 percent of the time, if you find out you don't really have a hand.
The best thing to know about the odds in this game is that 20 percent of the time or more the dealer is not going to qualify for the play. This means you will get your ante wager at even money, but you won't make anything on the five card hand. This may seem alright to you, but the game is about fun and winning some extra cash.
Here is the odds for how much you could lose in just an hour playing this game with the improper strategy. Based on the numbers above if you wager 5 dollars per ante you end up wagering about $175 per hour. If you were to keep in the game with the proper strategy you could earn 190 dollars in that hour. So, total volume is going to be about $365 that is in play.
Now that we have looked at a bit of the negative side, let's take a look at other outcomes you could have regarding the odds. In Caribbean Poker you could play the progressive jackpot to try and win. Now you will have to put a dollar in every time you want to try for the jackpot. At the odds of 5.2 or higher in some casinos for that jackpot you are only going to try for this jackpot when it has a high return. Most will spend about 55 dollars an hour just on wagers and the jackpot.
The odds are against you in Caribbean Stud Poker, but you can still have a little fun. If you don't mind throwing a little money away at the casino, you could come out of this game a pretty big winner depending on how long you play. The odds as we mentioned above are going to differ from casino to casino depending on their rules and any changes they may make. Mostly the differences are found between online and land casino games, as online tries to get more customers.
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