Three Card Second Chance Poker is a casino poker game offered exclusively at WagerWorks online casinos like Virgin Casino. The essence of this game is that if the player does not like the hand that he is first dealt then he may exchange it for a second hand. The cost of this second chance is an increase in the initial wager. The dealer can also replace his hand under certain circumstances. Thereafter the game proceeds in the normal poker fashion with the higher hand winning. WagerWorks is an innovative online gaming software developer and offers an exciting Best Hand Bonus side bet in this game.
Three Card Second Chance Poker is played with a single 52-card deck. The hands are ranked in the manner usual in normal three card poker games. The game begins with the player making the mandatory Ante bet. The player can also place the optional Best Hand Bonus bet. The amount of this bet is not fixed. The player can wager any amount subject to a limit of two times the Ante bet.
The player's three card hand is then dealt face up and the dealer's hand is dealt face down. The player then has to make the choice of whether to stand or to replace his hand for a new one. If the player chooses to take the second chance then he should place a Raise wager equal to the Ante wager. The dealer's hand is then exposed. If the dealer has a king high or higher, he will stand. If the dealer has a queen high or less, he will replace his hand. The hands are then compared and the higher hand wins.
If the dealer has the higher hand, then the player will lose both his Ante and Raise wagers. If the player has the higher hand, then both Ante and Raise wagers are paid according to the payout table. The minimum payout for a win is even money. The maximum is 6 to 1 when the player gets a straight flush. Tie hands result in a push for both bets.
The Best Hand Bonus wager has an interesting twist. The payout is not based on the player's hand as in many other casino poker games. It is based on the higher of the player's and the dealer's final hands according to another payout table. There is no payout for hands ranked less than a flush. Flush pays 2 to 1. In the normal game play three aces is treated as three of a kind and ranked below straight flush. But for the Best Hand Bonus bet three aces offer the highest payout of 35 to 1.
Three Card Second Chance Poker has two aspects to the strategy and the tips are as follows. The first is whether or not to place the Best Hand Bonus wager and if so then what amount. Computer simulations show that the overall house edge is lowest when the Best Hand Bonus bet is placed at two times the Ante bet. The second tip concerns when to stand and when to switch. If the player has wagered the maximum Best Hand Bonus bet then the optimal strategy is to switch with AQJ or less, and stand with AK2 or more. If the player has placed the Ante wager only then the optimal strategy is to switch with K87 or less, and stand on K92 or more.