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Old 02-10-2019, 08:58 PM   #1326
clivestraddle
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Re: Membership-Based Poker in Texas

the odds of quad aces being beat are 1 in 165 million
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Old 02-10-2019, 09:58 PM   #1327
BulltexasATM
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Re: Membership-Based Poker in Texas

Another new one on Poker Atlas. Players Club on Westheimer west of the Beltway. Says opening soon
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Old 02-11-2019, 06:52 PM   #1328
sdwhitt
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Re: Membership-Based Poker in Texas

Mint adding the $2 “not a rake” reminds me of that scene in Molly’s Gane. When she’s meeting a lawyer about starting her own game he tells her, don’t break the law while you’re breaking the law. You don’t want to bring unneeded attention.
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Old 02-11-2019, 06:56 PM   #1329
clivestraddle
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Re: Membership-Based Poker in Texas

how much is the bad beat at mint?
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Old 02-11-2019, 07:31 PM   #1330
cards52
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Re: Membership-Based Poker in Texas

Anyone have info on the Big O games that run at SA Card House? I heard that they run multiple tables of 5-5 uncapped daily and that the action is loose, trying to confirm this. Thanks.
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Old 02-11-2019, 10:03 PM   #1331
FearlessPhil
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
the odds of quad aces being beat are 1 in 165 million
Well, it's actually quad aces or better which makes the odds a little smaller. I don't know exactly what they are but the Omaha jackpot that was won last week was straight flush over straight flush. That seems like a more likely scenario.
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Old 02-11-2019, 10:04 PM   #1332
FearlessPhil
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
how much is the bad beat at mint?
It has not been increased from the original $5000 as far as I can determine.
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Old 02-11-2019, 10:08 PM   #1333
clivestraddle
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Re: Membership-Based Poker in Texas

5000 for quad aces beat?....i heard it was hit already...true?

would you play at a place that offered a 50K bad beat quad jacks @ $15/hr and food
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Old 02-12-2019, 02:02 AM   #1334
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by FearlessPhil View Post
It has not been increased from the original $5000 as far as I can determine.
According to Mint’s website, the next update for the NLH Bad Beat Jackpot will be in 23 days. If it does not get hit by then, that will determine how much money Eakman is pocketing lol. If it’s not at least $30,000 by then, then you know he’s stealing. Because they’re open 24/7, even if you are very, very, very, conservative on the numbers:

Let’s just say you have an average of 15 hands per hour that are $20+ in the pot, and you have an average of 2 tables for 24hrs.

$2 X 15 hands X 2 tables X 24 hours = $1,440 a day X 23 days = $33,120.

Again, I think those a very conservative numbers.
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Old 02-12-2019, 07:32 AM   #1335
FearlessPhil
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
5000 for quad aces beat?....i heard it was hit already...true?

would you play at a place that offered a 50K bad beat quad jacks @ $15/hr and food
The Omaha jackpot was hit but not the holdem one. They are supposed to be separate but there is no visibility of how much is in each.
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Old 02-12-2019, 07:38 AM   #1336
FearlessPhil
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by SPEARMINT22 View Post
According to Mint’s website, the next update for the NLH Bad Beat Jackpot will be in 23 days. If it does not get hit by then, that will determine how much money Eakman is pocketing lol. If it’s not at least $30,000 by then, then you know he’s stealing. Because they’re open 24/7, even if you are very, very, very, conservative on the numbers:

Let’s just say you have an average of 15 hands per hour that are $20+ in the pot, and you have an average of 2 tables for 24hrs.

$2 X 15 hands X 2 tables X 24 hours = $1,440 a day X 23 days = $33,120.

Again, I think those a very conservative numbers.
It is my understanding that the update date is when the requirement will change from quad aces to quad kings. I expected to see a daily update on the actual jackpot but so far nothing. The word I got was that the $2 per hand is actually split between the jackpot and other promotions so only one dollar goes to the jackpot. Your numbers are indeed conservative. Almost every hand has $20 in it so I would think that number should be closer to 30 and it has already been a week so the number of days should also be 30.
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Old 02-12-2019, 09:00 AM   #1337
clivestraddle
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Re: Membership-Based Poker in Texas

I need some math proof

lets say that the odds of an event is 100k / 1

At what point are the odds 50/50 that the event will occur

Example - you roll 1 dice - the odds are 6:1 and you pick two
After 6 rolls the odds that you will not hit two very slim

Obviously to go 100k times - the odds are well over 50% that the even would have occurred already

Show the math - I say it is (1-odds)^n
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Old 02-12-2019, 11:10 AM   #1338
SingleVoyce
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
I need some math proof

lets say that the odds of an event is 100k / 1

At what point are the odds 50/50 that the event will occur

Example - you roll 1 dice - the odds are 6:1 and you pick two
After 6 rolls the odds that you will not hit two very slim

Obviously to go 100k times - the odds are well over 50% that the even would have occurred already

Show the math - I say it is (1-odds)^n
Your question is not framed correctly. There is no point in time that the odds are 50/50 for such an event. I assume that you are actually trying to ask for a calculation of the number of times a trial would have to occur to give you a probability of 50/50 for a particular outcome within the entire series of trials. I'm also not clear on what "n" is supposed to represent in your formula.


The actual calculation of the probability of an event over numerous trials has to be calculated based on the odds of it NOT occurring. So, for the dice roll, you have to use the probability of a 2 not occurring which is 5/6 or 0.8333. That is the odds of it not occurring on the first throw. The odds of it not occurring on two throws are (0.8333 * 0.8333) = 0.694 and (0.8333 * 0.8333 * 0.8333) = 0.5787 for three throws and (0.8333 * 0.8333 0.8333 * 0.8333) = 0.4822 for four throws so you've crossed the 50% threshold at that point.

There is a calculator here:

http://www.meracalculator.com/math/exponents.php

which allows you to multiply a number to the nth power. Using that and the 0.99999 probability of the 1/100000 event, it turns out that the number where the 50% probability is passed is 69320.

The formula seems to be n * 0.6932 where n is the denominator of the odds expressed as a fraction.
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Old 02-12-2019, 11:33 AM   #1339
clivestraddle
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Re: Membership-Based Poker in Texas

thats what i thought

N is the exponentiation
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Old 02-12-2019, 10:36 PM   #1340
Texasholdemmike
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Re: Membership-Based Poker in Texas

Another one opening.

Players Poker Club

https://www.facebook.com/Players-Pok...1234223282458/


Also looks like Westside has closed and gone in with Kings & Cards.
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Old 02-13-2019, 07:53 PM   #1341
clivestraddle
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Re: Membership-Based Poker in Texas

question on bad beat
player A flops quad Aces.....player B rivers Quad Kings....bad beat?
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Old 02-14-2019, 02:58 PM   #1342
michelle227
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
question on bad beat
player A flops quad Aces.....player B rivers Quad Kings....bad beat?
Depends on the holding in one's hand and whether the rules assert that BOTH cards in the hand must play in order to qualify as a 'bad beat' hand.
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Old 02-14-2019, 03:21 PM   #1343
clivestraddle
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
question on bad beat
player A flops quad Aces.....player B rivers Quad Kings....bad beat?
the hands are AA vs KK

Flop is A A K
turn 7
river K

obviously the KK was always behind

I have never seen a rule where the hand that is loses (but qualifies) has to be ahead of the winning hand to qualify for the bad beat to be valid
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Old 02-14-2019, 04:01 PM   #1344
BulltexasATM
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by clivestraddle View Post
the hands are AA vs KK

Flop is A A K
turn 7
river K

obviously the KK was always behind

I have never seen a rule where the hand that is loses (but qualifies) has to be ahead of the winning hand to qualify for the bad beat to be valid
Is that what Mint's rules say?
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Old 02-15-2019, 01:36 AM   #1345
clivestraddle
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Re: Membership-Based Poker in Texas

no..i am putting this out as an example
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Old 02-15-2019, 10:15 AM   #1346
Garick
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Re: Membership-Based Poker in Texas

Quote:
I have never seen a rule where the hand that is loses (but qualifies) has to be ahead of the winning hand to qualify for the bad beat to be valid
I have also never seen such a rule. Your example is quad K beaten with all hole cards playing, so it's obviously a bad beat, imo.
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Old 02-15-2019, 11:29 AM   #1347
SingleVoyce
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Re: Membership-Based Poker in Texas

Quote:
Originally Posted by SPEARMINT22 View Post
So I remember seeing the words “rake free” somewhere on Mint’s website, like all the other clubs do, but I no longer see those words ANYWHERE on their website, and even though they are no longer a “rake free” establishment, they don’t have “jackpots” checked on Poker Atlas. Hmmmmmmm...............

I wouldn’t be surprised if this idiot’s stupid decision and greed will be the cause of ALL the “legal” Clubs getting shutdown. But of course, that would make every dealer and underground game runner jump up and down for joy!
Mint went from being the best deal in town to probably the worst in a short period of time. I guess we'll see how that affects their business.
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Old 02-15-2019, 05:07 PM   #1348
GtownAce
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Re: Membership-Based Poker in Texas

Well Mint has 2 new rooms opening up near them doubt they survive or even succeed in taking any of Mints business but if someone has better management then they may be a little successful. People keep saying to many rooms and there right there are but if you have a good location why not give it a try. You don’t have to be like Freerolls and open up across twin where no one knows you just to try to tap into the investor market out in Katy like Trent Daniels did. Does anyone really believe he wants that room to be successful? I think he went to Katy to line his pockets. Don’t be surprised if he leaves the poker scene soon and then the state shortly after. Lots of rumors out there on who is looking for him
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Old 02-16-2019, 01:08 AM   #1349
clivestraddle
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Re: Membership-Based Poker in Texas

well its friday night and mint has 7 tables running (5 1/3 holdem and 2 1/3 plo) so obviously it has not had a bad effect on business (an extra $350/hr)
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Old 02-16-2019, 07:10 PM   #1350
NuklearWinter
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Re: Membership-Based Poker in Texas

Some of the rooms in Austin are now allowing dealer tips in some form, either with cash or special tip chips.

I have mixed feelings about this and feel like it's a bad idea overall. The main positives are that good dealers might earn more per hour, and it allows players to reward specific dealers who they feel deserve a tip.

On the other hand, tipping at the table reaches further into what is already questionable legal territory.

Why not just raise the hourly rate by $1-2/hr to give to dealers, or use that to provide players with non-refundable tipping chips to use based on their last session.
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