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There
is one constant in Caribbean Stud Poker that will make the playing
of A Q or less hands disastrous: The dealer will make a qualifying
hand approximately 56% of the time. At first glance, you might
think that the loss is $12 for every $100 bet - 56 losses less
44 wins. That's a very convincing argument not to make this
play. Giving up 12% is enormous and a foolish play. But the
loss is much worse! It's equivalent to being more than ten times
worse than that, about 125% when based on the ante bet! Let's
take a closer look.
Here's how the math breaks down.
We'll use a $10 ante bet for this example. Of the 44 times the
dealer doesn't qualify, we win a total of only $440. Since the
dealer didn't qualify, only the ante bet is paid off. The $20
call bet is returned. That's $10 for each winning hand at 1-1,
even money. Of the other 56 times that the dealer qualifies,
we not only lose the $10 ante bet, but the $20 call bet as well!
That's $1680 in losses against only $440 in wins for a net loss
of $1240.
Thus for every $1,000 made in Ante bets, a loss of $1240 is
124%, actually closer to 125% (we rounded down the 56% number
to show the math easier). That's a pretty heavy loss to try
and beat in this game. Making these kind of plays will destroy
a player at the table. Players should never, ever think about
playing these type of hands. These horrible plays are worse
than any other play that can be found in the entire casino and
that's pretty bad. To be a winner at Caribbean Stud Poker, you
absolutely must avoid any situation that give the house an exorbitant
edge.
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