Register here: http://gg.gg/w5u4x
*Green Valley Ranch Casino Poker Tournaments Real Money
*Green Valley Ranch Casino Poker Tournaments
Green Valley Ranch is located in Henderson. It is owned by Station Casinos. Green Valley Ranch is a high-end locals casino.
The Green Valley Ranch poker room hosts 22 tables. Many are only used for tournaments. Most of the cash games at Green Valley Ranch are low limit ones. There is a mix of no limit and fixed limit games. There are two daily tournaments.
Kathy Raymond is the poker room manager at Green Valley Ranch. She was the person behind the Venetian poker room’s success during the boom years. Her resume also includes managing the Foxwoods poker room in Connecticut. Green Valley Ranch has an excellent level of management because of this. This shows in every employee’s performance.
Green Valley Ranch is killing off its poker room, slowly. I know there are ’Promotions, Promotions, Promotions’ due to kick in in September. However, currently, the room is dropping $1.00 into the promo pool from a $5.00 pot that goes to a flop. Green Valley Ranch (Henderson,NV) Video Poke Inventory provided by vpFREE2.com.Best and Worst Green Valley Ranch Poker Room Features
Our favorite aspect of Green Valley Ranch is the ability to play in a friendly low-limit game. The room is well managed and offers luxury amenities like USB chargers at the table, wireless internet, and massages. Parking is always free at Green Valley Ranch.
The Green Valley Ranch poker room may go dark during late night and early morning hours due to lack of action. The games may be too low-limit for the most serious players.
There are three standard cash games at Green Valley Ranch. There is 1/2 no-limit Hold’em. It has a buy-in range of $100 to $300. Fixed-limit Hold’em is available in 2/4 and 4/8 during most hours of the day. The buy-in minimum is five big bets. Players may find a 3/6 fixed-limit Hold’em or 4/8 Omaha Hi/Lo game from time to time.
Green Valley Ranch spreads a 2/5 no-limit Hold’em game on weekends. The buy-in range is $200 to $500. There is an occasional mixed game that involves Omaha, Seven Card Stud, and draw games. The limits are usually 4/8.
Green Valley Ranch rakes 10% up to $4 as well as a $1 jackpot drop. The jackpot dollar funds the promotions described below.
Cash game players earn $1 an hour in comps when clocked in with a Boarding Pass card. That is the players card used by Station Casinos. Comps may be used for anything on the property, including food, sundries, and massages. Points earned in the Green Valley Ranch poker room may be used at any Station Casinos property.
Green Valley Ranch spreads a variety of poker tournaments. There are two every day. Most qualify for a tournament leaderboard. This is funded with $5 from each player’s entry from tournaments that earn points towards the promotion.
Sundays at noon and Thursdays at 6:15 pm offer a no-limit Hold’em tournament with a turbo structure. The buy-in is $60. Of that, $43 goes to the prize pool, $5 goes to the bad beat jackpot, $10 goes to the house, and $80 to the staff. Players start with 10,000 chips. Levels are 15 minutes.
A $120 pot-limit Omaha tournament takes place on Sundays at 6 pm. Of that buy-in, $85 goes to the prize pool, $20 to the house, $10 to the staff, and $5 to the jackpot fund. Players start with 15,000 chips. Levels are 20 minutes.
There is an $80 no-limit Hold’em tournament at 10:15 am on Mondays and Fridays. The prize pool receives $52 of the buy-in. The house takes $13. The staff gets $10 of it, while $5 goes towards the jackpot fund. Players start with 10,000 chips. Levels go up every 20 minutes.
A fixed-limit Omaha Hi/Lo tournament happens at noon on Tuesdays. The buy-in is $60. Of that, $37 goes to the prize pool. The house gets $10. The staff receives $8 of it, while $5 goes to the jackpot fund. Players start with 10,000 in chips. Blinds go up every 20 minutes.
Casino employees have a private tournament on Tuesday night. It is no-limit Hold’em. Players must show a photo ID from a casino license to enter. The buy-in is $40. The house gets $10 of that. The staff gets $5. Players may re-buy an unlimited number of times for $20. Players start with 5,000 in chips. Re-buys are 5,000. Blinds go up every 15 minutes.
There is a seniors event at noon on Wednesdays. Entrants must be at least 50 years old with a photo ID. This coincides with Seniors Day at Green Valley Ranch where there are specials on bowling, movies and dining, as well as a private slot tournament. The buy-in is $60, of which $42 goes to the prize pool. The house keeps $10 of it. The staff gets $5. Players start with 8,000 chips. Blinds increase every 20 minutes.
There’s a $120 no-limit Hold’em tournament at 6:15 pm on Wednesdays. The house takes $20 of that. The staff gets $10. The jackpot fund gets $5. Players start with 12,500 in chips. Blinds go up every 20 minutes.
A ladies-only no-limit Hold’em tournament is played at 11:15 am on Thursdays. It uses the same structure as the seniors event on Wednesdays with one difference. Players that lose with pocket queens in the ladies’ tournament receive a $25 gift card.
There is a $120 HORSE tournament on Fridays at 4 pm. The house takes $15 for an admin fee. The staff gets $10 of the prize pool, while $5 goes towards the leaderboard. Players start with 15,000 chips. Blinds go up every 20 minutes.
The 10:15 am tournament on Saturdays is a $50 no-limit Hold’em event. The house takes $10 for an admin fee, while the dealers get $7, and the jackpot fund gets $5. Players start with 5,000 chips. Blinds go up every 20 minutes.
Finally, there’s a $120 “Steep Stack” on Saturdays at 3 pm. The house takes $20 of it, with the dealers getting $10 and the jackpot fund receiving $5. Players start with 25,000 chips. Levels go up every 20 minutes.
Green Valley Ranch offers several promotions. There is a royal flush progressive for Texas Hold’em players. Each possible start hand starts at $250. It goes up $100 a week if it is not hit.
There is a $5,000 bad beat jackpot. To qualify, aces full of tens or better must lose to four of a kind or better. The winning hand receives 40% of the bad beat jackpot. The losing hand gets 20%. The rest of the table splits 40%.
There is a field goal promotion during some nationally televised football games. Any player that makes a full house using both hole cards receives an entry.
A raffle is held with every field goal. Cheap casino vacations. The winners receive $100 for most field goals. It is $200 if it is a game-winning field goal. One is drawn for the winning team at the end of the game.
There is a mystery envelope for quads that pay between $425 and $1,000. A random seat wins $100 in casino chips on every Vegas Golden Knights goal. A player that flops quads deuces wins $2,222. Every player at the table receives $22.
A player that makes quad twos on the turn wins $250. If it happens on the river, it wins $100. The player must have pocket deuces to qualify.
Green Valley Ranch is a typical higher-end locals casino. It has several lounges.
There is a bowling alley on the property. The sportsbook is a short walk from the poker room at Green Valley Ranch. Green Valley Ranch offers a variety of restaurants. Hank’s Fine Steaks is the upscale option.
There is a buffet, oyster bar, Pizza Rock, and snack bar by the sportsbook. There is also a food court.
Green Valley Ranch has great gaming. There are a dozen video poker machines that return over 100%. Options include full-pay Deuces Wild, Double Bonus Poker, and Double Double Bonus Poker.
Blackjack players will find 3:2 blackjack for $10. This includes double deck with double down before and after splitting.
There are not any poker rooms close to Green Valley Ranch. The closest is at South Point. That poker room spreads fixed-limit and no-limit Hold’em games, as well as two daily tournaments.
Otherwise, players will need to drive to Boulder Highway. Poker rooms in that area include Boulder Station, Sam’s Town, Skyline Casino, and Club Fortune.On This PageIntroduction
Wild Five Poker, formerly called Poker with a Joker, is a poker-based game that made its casino appearance at the Green Valley Ranch in Las Vegas in early 2015. As of this writing, in October 2018, it can be found at the Cannery (north) and Aliante in Las Vegas.Rules
*A 53-card deck is used, including one fully-wild joker.
*Play begins with the player making equal Ante and Bonus wagers. The player may also make optional Wild 5 and Wild 7 side bets.
*The player and dealer shall each receive five cards face down. There will also be two community cards dealt face down.
*After examining his cards, the player has the following options:
*Fold and forfeit the Ante and Bonus bets.
*Make a Play bet equal to 1 to 3 times the Ante bet.
*If the player makes the Play bet, then he may keep his original five cards or discard one. If the player discards, then he shall be able to include the two community cards with his hand.
*After all players have acted, the dealer shall reveal his own five cards and play them according to the following house way:
*If the dealer has a pat five-card hand (straight, flush, full house, straight flush, royal flush, or five of a kind), then he shall stand.
*If the dealer has a two pair, three of a kind, or four of a kind, then he shall discard the lowest singleton.
*If the dealer has four to a flush or outside straight, then the dealer shall discard the fifth card. If the dealer has both of these hands, then he shall keep the four to a flush.
*Otherwise, if the dealer has a pair or five singletons, then he shall discard the lowest singleton.
*The dealer shall reveal the two community cards.
*Both the player and dealer shall be allowed to include the two community cards in his own hand if he discarded.
*The dealer shall determine the poker value of both hands.
*If the dealer’s hand is a pair or better, then the dealer shall qualify.
*The player and dealer hands shall be compared. The Ante, Bonus, and Play bets shall be adjudicated as follows:
*If the dealer does not qualify, then the Ante bet shall automatically push.
*The Ante and Play wagers pay 1 to 1 if the player has the higher hand, push on a tie, and lose if the dealer has the higher hand.
*The Bonus wager shall pay according to the following pay table if the player has the higher hand, push on a tie, and lose if the dealer has the higher hand. All wins are on a ’to one’ basis.
Bonus Wager Pay TableHandPaysFive of a kind100Royal flush50Straight flush10Four of a kind5Full house3Flush2Straight1All otherPush
*The Wild 5 side bet is paid based on the player’s original five cards and the following pay table. All wins are on a ’to one’ basis.
Wild 5 Pay TableHandPaysFive of a kind1000Royal flush500Straight flush250Four of a kind100Full house50Flush25Straight10Three of a kind5Two pair5All otherLoss
*The Wild 7 side bet is paid based on the player’s original five cards plus the two community cards and the following pay table. The top two awards are based on a progressive jackpot. The bet is always $1. All wins are on a ’for one’ basis.
Wild 7 Pay TableHandPaysSeven-card straight flush100% of JackpotFive aces10% of JackpotFive of a kind (2-K)$500Royal flush$250Straight flush$100Four of a kind$20Full house$4All other$0
StrategyGreen Valley Ranch Casino Poker Tournaments Real Money
The following is known as the ’Station Casinos Strategy’ and is available on the rack cards at the Green Valley Ranch. I’m told it results in a house edge 1% higher than optimal strategy, or about 3.84%.
*With a pat hand (five card flush, straight, full house, Royal, Five of a kind) — Keep hand and raise 3x.
*Four to a flush or outside straight, or a pair of 8’s or better — Keep the high pair on the draw and raise 3x.
*Four to an inside straight, or a pair of 7’s down to a Queen high with no draw — Call 1x.
*Jack-high or less and there is no draw — Fold.
The next strategy I call the ’Steve How’ strategy. If you’re not familiar with the name, he is the genius behind the site Discount Gambling. I assume this strategy is near optimal.Green Valley Ranch Casino Poker Tournaments
*3x Play a pat Five-of-a-Kind, else
*3x Play a pat Royal Flush, else
*3x Play a pat Straight Flush, else
*3x Play a pat Full House, else
*3x Play Four-of-a-Kind, and discard singleton, else
*3x Play a Royal Flush draw or an open-ended Straight Flush draw (e.g., break a pat straight or flush), else
*3x Play a pat Flush or Straight, else
*3x Play any Straight Flush draw, else
*3x Play wild Three-of-a-Kind (hold singleton that maximizes straight draws), else
*3x Play Three-of-a-Kind (discard lowest singleton), else
*3x Play Two Pairs and discard singleton, else
*3x Play any wild flush draw, else
*3x Play any wild open-ended draw, else
*3x Play any Joker hand (discard singleton that maximizes straight draws), else
*3x Play a pair of 8’s or better, and hold 3 suited cards or else maximize straight draws, else
*3x Play a flush draw (e.g., breaking a pair of 7’s or lower), else
*3x Play a Jack-high open-ended straight draw, else
*3x Play an Ace-high gutshot straight draw, else
*1x Play an open-ended straight draw, else
*1x Play a pair with 3 suited cards, else
*1x Play a pair, holding kickers that maximize straight draws, else
*1x Play 3 suited cards with highest offsuit singleton, else
*1x Play highest 4-cards if Queen-high or better, else
*1x Play 4-cards with maximum number of possible straight draws, else
*Fold all others (i.e., no possible straight draws).Base Game Analysis
The math report by GLI states that under optimal strategy the house edge, defined as the ratio of the expected loss to the Ante bet, is 2.84%. The average wager is 3.88 units, for an Element of Risk of 0.73%.Wild 5 Analysis
The following table shows the probability and contribution to the return of all possible outcomes of the Wild 5 bet. The lower right cell shows a house edge of 5.45%.Wild 5 Return TableEventPaysCombinationsProbabilityReturnFive of a kind1000130.0000050.004530Royal flush500240.0000080.004182Straight flush2501800.0000630.015681Four of a kind1003,1200.0010870.108723Full house506,5520.0022830.114159Flush257,8040.0027190.067987Straight1020,5320.0071550.071548Three of a kind5137,2800.0478380.239190Two pair5123,5520.0430540.215271All other-12,570,6280.895788-0.895788Total2,869,6851.000000-0.054517Wild 7 Analysis
The following table shows the probability and contribution to the return of all possible outcomes of the Wild 7 bet under a hypothetical ’break even’ jackpot of $524,541.60.Wild 7 Return TableEventPaysCombinationsProbabilityReturnSeven-card straight flush$524,541.60320.0000000.108894Five aces$52,454.161,1280.0000070.383853Five of a kind (2-K)$500.0013,5360.0000880.043907Royal flush$250.0026,1280.0001700.042376Straight flush$100.00184,8040.0011990.119891Four of a kind$20.001,121,0240.0072730.145452Full house$4.005,997,1440.0389060.155625All other$0146,799,2840.9523570.000000Total154,143,0801.0000001.000000
Here are some more statistics on the Wild 7.
*The return from fixed Wild 7 wins is 50.73%.
*Each $10,000 in the meter adds 0.94% to the return.
*Each $10,645.24 adds 1% to the return.
*The ’break even’ point, where the bet is exactly fair, is $524,541.60.Acknowledgements
I would like to thank the game owners for providing the math report by GLI, which was used for the house edge and element of risk above. I did my own analysis of the Wild 5 and Wild 7 side bets.External Links
Wizard of Vegas — Forum discussion about Poker with a Joker.
Written by:Michael Shackleford
Register here: http://gg.gg/w5u4x
https://diarynote.indered.space
*Green Valley Ranch Casino Poker Tournaments Real Money
*Green Valley Ranch Casino Poker Tournaments
Green Valley Ranch is located in Henderson. It is owned by Station Casinos. Green Valley Ranch is a high-end locals casino.
The Green Valley Ranch poker room hosts 22 tables. Many are only used for tournaments. Most of the cash games at Green Valley Ranch are low limit ones. There is a mix of no limit and fixed limit games. There are two daily tournaments.
Kathy Raymond is the poker room manager at Green Valley Ranch. She was the person behind the Venetian poker room’s success during the boom years. Her resume also includes managing the Foxwoods poker room in Connecticut. Green Valley Ranch has an excellent level of management because of this. This shows in every employee’s performance.
Green Valley Ranch is killing off its poker room, slowly. I know there are ’Promotions, Promotions, Promotions’ due to kick in in September. However, currently, the room is dropping $1.00 into the promo pool from a $5.00 pot that goes to a flop. Green Valley Ranch (Henderson,NV) Video Poke Inventory provided by vpFREE2.com.Best and Worst Green Valley Ranch Poker Room Features
Our favorite aspect of Green Valley Ranch is the ability to play in a friendly low-limit game. The room is well managed and offers luxury amenities like USB chargers at the table, wireless internet, and massages. Parking is always free at Green Valley Ranch.
The Green Valley Ranch poker room may go dark during late night and early morning hours due to lack of action. The games may be too low-limit for the most serious players.
There are three standard cash games at Green Valley Ranch. There is 1/2 no-limit Hold’em. It has a buy-in range of $100 to $300. Fixed-limit Hold’em is available in 2/4 and 4/8 during most hours of the day. The buy-in minimum is five big bets. Players may find a 3/6 fixed-limit Hold’em or 4/8 Omaha Hi/Lo game from time to time.
Green Valley Ranch spreads a 2/5 no-limit Hold’em game on weekends. The buy-in range is $200 to $500. There is an occasional mixed game that involves Omaha, Seven Card Stud, and draw games. The limits are usually 4/8.
Green Valley Ranch rakes 10% up to $4 as well as a $1 jackpot drop. The jackpot dollar funds the promotions described below.
Cash game players earn $1 an hour in comps when clocked in with a Boarding Pass card. That is the players card used by Station Casinos. Comps may be used for anything on the property, including food, sundries, and massages. Points earned in the Green Valley Ranch poker room may be used at any Station Casinos property.
Green Valley Ranch spreads a variety of poker tournaments. There are two every day. Most qualify for a tournament leaderboard. This is funded with $5 from each player’s entry from tournaments that earn points towards the promotion.
Sundays at noon and Thursdays at 6:15 pm offer a no-limit Hold’em tournament with a turbo structure. The buy-in is $60. Of that, $43 goes to the prize pool, $5 goes to the bad beat jackpot, $10 goes to the house, and $80 to the staff. Players start with 10,000 chips. Levels are 15 minutes.
A $120 pot-limit Omaha tournament takes place on Sundays at 6 pm. Of that buy-in, $85 goes to the prize pool, $20 to the house, $10 to the staff, and $5 to the jackpot fund. Players start with 15,000 chips. Levels are 20 minutes.
There is an $80 no-limit Hold’em tournament at 10:15 am on Mondays and Fridays. The prize pool receives $52 of the buy-in. The house takes $13. The staff gets $10 of it, while $5 goes towards the jackpot fund. Players start with 10,000 chips. Levels go up every 20 minutes.
A fixed-limit Omaha Hi/Lo tournament happens at noon on Tuesdays. The buy-in is $60. Of that, $37 goes to the prize pool. The house gets $10. The staff receives $8 of it, while $5 goes to the jackpot fund. Players start with 10,000 in chips. Blinds go up every 20 minutes.
Casino employees have a private tournament on Tuesday night. It is no-limit Hold’em. Players must show a photo ID from a casino license to enter. The buy-in is $40. The house gets $10 of that. The staff gets $5. Players may re-buy an unlimited number of times for $20. Players start with 5,000 in chips. Re-buys are 5,000. Blinds go up every 15 minutes.
There is a seniors event at noon on Wednesdays. Entrants must be at least 50 years old with a photo ID. This coincides with Seniors Day at Green Valley Ranch where there are specials on bowling, movies and dining, as well as a private slot tournament. The buy-in is $60, of which $42 goes to the prize pool. The house keeps $10 of it. The staff gets $5. Players start with 8,000 chips. Blinds increase every 20 minutes.
There’s a $120 no-limit Hold’em tournament at 6:15 pm on Wednesdays. The house takes $20 of that. The staff gets $10. The jackpot fund gets $5. Players start with 12,500 in chips. Blinds go up every 20 minutes.
A ladies-only no-limit Hold’em tournament is played at 11:15 am on Thursdays. It uses the same structure as the seniors event on Wednesdays with one difference. Players that lose with pocket queens in the ladies’ tournament receive a $25 gift card.
There is a $120 HORSE tournament on Fridays at 4 pm. The house takes $15 for an admin fee. The staff gets $10 of the prize pool, while $5 goes towards the leaderboard. Players start with 15,000 chips. Blinds go up every 20 minutes.
The 10:15 am tournament on Saturdays is a $50 no-limit Hold’em event. The house takes $10 for an admin fee, while the dealers get $7, and the jackpot fund gets $5. Players start with 5,000 chips. Blinds go up every 20 minutes.
Finally, there’s a $120 “Steep Stack” on Saturdays at 3 pm. The house takes $20 of it, with the dealers getting $10 and the jackpot fund receiving $5. Players start with 25,000 chips. Levels go up every 20 minutes.
Green Valley Ranch offers several promotions. There is a royal flush progressive for Texas Hold’em players. Each possible start hand starts at $250. It goes up $100 a week if it is not hit.
There is a $5,000 bad beat jackpot. To qualify, aces full of tens or better must lose to four of a kind or better. The winning hand receives 40% of the bad beat jackpot. The losing hand gets 20%. The rest of the table splits 40%.
There is a field goal promotion during some nationally televised football games. Any player that makes a full house using both hole cards receives an entry.
A raffle is held with every field goal. Cheap casino vacations. The winners receive $100 for most field goals. It is $200 if it is a game-winning field goal. One is drawn for the winning team at the end of the game.
There is a mystery envelope for quads that pay between $425 and $1,000. A random seat wins $100 in casino chips on every Vegas Golden Knights goal. A player that flops quads deuces wins $2,222. Every player at the table receives $22.
A player that makes quad twos on the turn wins $250. If it happens on the river, it wins $100. The player must have pocket deuces to qualify.
Green Valley Ranch is a typical higher-end locals casino. It has several lounges.
There is a bowling alley on the property. The sportsbook is a short walk from the poker room at Green Valley Ranch. Green Valley Ranch offers a variety of restaurants. Hank’s Fine Steaks is the upscale option.
There is a buffet, oyster bar, Pizza Rock, and snack bar by the sportsbook. There is also a food court.
Green Valley Ranch has great gaming. There are a dozen video poker machines that return over 100%. Options include full-pay Deuces Wild, Double Bonus Poker, and Double Double Bonus Poker.
Blackjack players will find 3:2 blackjack for $10. This includes double deck with double down before and after splitting.
There are not any poker rooms close to Green Valley Ranch. The closest is at South Point. That poker room spreads fixed-limit and no-limit Hold’em games, as well as two daily tournaments.
Otherwise, players will need to drive to Boulder Highway. Poker rooms in that area include Boulder Station, Sam’s Town, Skyline Casino, and Club Fortune.On This PageIntroduction
Wild Five Poker, formerly called Poker with a Joker, is a poker-based game that made its casino appearance at the Green Valley Ranch in Las Vegas in early 2015. As of this writing, in October 2018, it can be found at the Cannery (north) and Aliante in Las Vegas.Rules
*A 53-card deck is used, including one fully-wild joker.
*Play begins with the player making equal Ante and Bonus wagers. The player may also make optional Wild 5 and Wild 7 side bets.
*The player and dealer shall each receive five cards face down. There will also be two community cards dealt face down.
*After examining his cards, the player has the following options:
*Fold and forfeit the Ante and Bonus bets.
*Make a Play bet equal to 1 to 3 times the Ante bet.
*If the player makes the Play bet, then he may keep his original five cards or discard one. If the player discards, then he shall be able to include the two community cards with his hand.
*After all players have acted, the dealer shall reveal his own five cards and play them according to the following house way:
*If the dealer has a pat five-card hand (straight, flush, full house, straight flush, royal flush, or five of a kind), then he shall stand.
*If the dealer has a two pair, three of a kind, or four of a kind, then he shall discard the lowest singleton.
*If the dealer has four to a flush or outside straight, then the dealer shall discard the fifth card. If the dealer has both of these hands, then he shall keep the four to a flush.
*Otherwise, if the dealer has a pair or five singletons, then he shall discard the lowest singleton.
*The dealer shall reveal the two community cards.
*Both the player and dealer shall be allowed to include the two community cards in his own hand if he discarded.
*The dealer shall determine the poker value of both hands.
*If the dealer’s hand is a pair or better, then the dealer shall qualify.
*The player and dealer hands shall be compared. The Ante, Bonus, and Play bets shall be adjudicated as follows:
*If the dealer does not qualify, then the Ante bet shall automatically push.
*The Ante and Play wagers pay 1 to 1 if the player has the higher hand, push on a tie, and lose if the dealer has the higher hand.
*The Bonus wager shall pay according to the following pay table if the player has the higher hand, push on a tie, and lose if the dealer has the higher hand. All wins are on a ’to one’ basis.
Bonus Wager Pay TableHandPaysFive of a kind100Royal flush50Straight flush10Four of a kind5Full house3Flush2Straight1All otherPush
*The Wild 5 side bet is paid based on the player’s original five cards and the following pay table. All wins are on a ’to one’ basis.
Wild 5 Pay TableHandPaysFive of a kind1000Royal flush500Straight flush250Four of a kind100Full house50Flush25Straight10Three of a kind5Two pair5All otherLoss
*The Wild 7 side bet is paid based on the player’s original five cards plus the two community cards and the following pay table. The top two awards are based on a progressive jackpot. The bet is always $1. All wins are on a ’for one’ basis.
Wild 7 Pay TableHandPaysSeven-card straight flush100% of JackpotFive aces10% of JackpotFive of a kind (2-K)$500Royal flush$250Straight flush$100Four of a kind$20Full house$4All other$0
StrategyGreen Valley Ranch Casino Poker Tournaments Real Money
The following is known as the ’Station Casinos Strategy’ and is available on the rack cards at the Green Valley Ranch. I’m told it results in a house edge 1% higher than optimal strategy, or about 3.84%.
*With a pat hand (five card flush, straight, full house, Royal, Five of a kind) — Keep hand and raise 3x.
*Four to a flush or outside straight, or a pair of 8’s or better — Keep the high pair on the draw and raise 3x.
*Four to an inside straight, or a pair of 7’s down to a Queen high with no draw — Call 1x.
*Jack-high or less and there is no draw — Fold.
The next strategy I call the ’Steve How’ strategy. If you’re not familiar with the name, he is the genius behind the site Discount Gambling. I assume this strategy is near optimal.Green Valley Ranch Casino Poker Tournaments
*3x Play a pat Five-of-a-Kind, else
*3x Play a pat Royal Flush, else
*3x Play a pat Straight Flush, else
*3x Play a pat Full House, else
*3x Play Four-of-a-Kind, and discard singleton, else
*3x Play a Royal Flush draw or an open-ended Straight Flush draw (e.g., break a pat straight or flush), else
*3x Play a pat Flush or Straight, else
*3x Play any Straight Flush draw, else
*3x Play wild Three-of-a-Kind (hold singleton that maximizes straight draws), else
*3x Play Three-of-a-Kind (discard lowest singleton), else
*3x Play Two Pairs and discard singleton, else
*3x Play any wild flush draw, else
*3x Play any wild open-ended draw, else
*3x Play any Joker hand (discard singleton that maximizes straight draws), else
*3x Play a pair of 8’s or better, and hold 3 suited cards or else maximize straight draws, else
*3x Play a flush draw (e.g., breaking a pair of 7’s or lower), else
*3x Play a Jack-high open-ended straight draw, else
*3x Play an Ace-high gutshot straight draw, else
*1x Play an open-ended straight draw, else
*1x Play a pair with 3 suited cards, else
*1x Play a pair, holding kickers that maximize straight draws, else
*1x Play 3 suited cards with highest offsuit singleton, else
*1x Play highest 4-cards if Queen-high or better, else
*1x Play 4-cards with maximum number of possible straight draws, else
*Fold all others (i.e., no possible straight draws).Base Game Analysis
The math report by GLI states that under optimal strategy the house edge, defined as the ratio of the expected loss to the Ante bet, is 2.84%. The average wager is 3.88 units, for an Element of Risk of 0.73%.Wild 5 Analysis
The following table shows the probability and contribution to the return of all possible outcomes of the Wild 5 bet. The lower right cell shows a house edge of 5.45%.Wild 5 Return TableEventPaysCombinationsProbabilityReturnFive of a kind1000130.0000050.004530Royal flush500240.0000080.004182Straight flush2501800.0000630.015681Four of a kind1003,1200.0010870.108723Full house506,5520.0022830.114159Flush257,8040.0027190.067987Straight1020,5320.0071550.071548Three of a kind5137,2800.0478380.239190Two pair5123,5520.0430540.215271All other-12,570,6280.895788-0.895788Total2,869,6851.000000-0.054517Wild 7 Analysis
The following table shows the probability and contribution to the return of all possible outcomes of the Wild 7 bet under a hypothetical ’break even’ jackpot of $524,541.60.Wild 7 Return TableEventPaysCombinationsProbabilityReturnSeven-card straight flush$524,541.60320.0000000.108894Five aces$52,454.161,1280.0000070.383853Five of a kind (2-K)$500.0013,5360.0000880.043907Royal flush$250.0026,1280.0001700.042376Straight flush$100.00184,8040.0011990.119891Four of a kind$20.001,121,0240.0072730.145452Full house$4.005,997,1440.0389060.155625All other$0146,799,2840.9523570.000000Total154,143,0801.0000001.000000
Here are some more statistics on the Wild 7.
*The return from fixed Wild 7 wins is 50.73%.
*Each $10,000 in the meter adds 0.94% to the return.
*Each $10,645.24 adds 1% to the return.
*The ’break even’ point, where the bet is exactly fair, is $524,541.60.Acknowledgements
I would like to thank the game owners for providing the math report by GLI, which was used for the house edge and element of risk above. I did my own analysis of the Wild 5 and Wild 7 side bets.External Links
Wizard of Vegas — Forum discussion about Poker with a Joker.
Written by:Michael Shackleford
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