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Mathematical Analysis

Of The Following Casino Game


Casino Hold'em Poker™

June 3, 2003

Prepared By
Michael Shackleford, ASA

The Wizard of Odds Gaming Consulting, Inc.
 9200 Sienna Vista Drive, Las Vegas, NV 89117
Tel: (702) 804-0015
E-mail: mail@gamingmath.com
 


www.wizardofodds.com / www.gamingmath.com


RULES


Following are the rules for Ca$ino Omaha
 

1.                  Players make an Ante wager and an optional side bet Triple+.

2.                  3 cards are dealt face down to each player and the dealer, In addition 3 flop (community) cards are dealt face up.
The players may examine their own 3 cards but sharing information should be discouraged. 
All players and dealer may use the
3 flop
(community) cards as part of their hand. 

3.                  Each player must decide to either fold or call.
If the player folds he gives up his cards and his Ante. If the player call the Call bet must be
double the Ante.

4.                  The dealer will then deal 2 more community cards, form a total of 5
The dealer will also turn over his own
3 cards.

5.                  Each player and the dealer will form the best 5-card poker hand by using exactly 2 of his own 3 cards and 3 of the 5 flop (community) cards.

6.                  Each player will compare his best hand against the dealer’s best hand. 

7.                  The dealer must have a pair of 7s or better to qualify.
If the dealer
does not qualify then the ante will pay according to the AnteWin® pay table below and the call bet will push.

If the dealer qualifies:
(a) Dealer beats the player, then the player will lose both the Ante and Call.
(b) Player beats the dealer,
then the ante will pay according to the AnteWin® pay table shown below, and the call bet will pay 1 to 1.

8.                   If the dealer qualifies and the player ties the dealer then both ante and call bets will push.

Table 1:  AnteWin® Pay Table
 

Hand

Pays

Royal Flush

100 to 1

Straight flush

50 to 1

Four of a kind

10 to 1

Full house

2 to 1

Flush

2 to 1

Straight or less

1 to 1

9.               Side bet: Triple+
The
Triple Bonus will be scored according to the best poker hand consisting of 2 out of player’s 3 own cards and the first 3 flop (community) cards. This bet will pay even if the player folds and is acted on before the last 2 flop  (community) cards are deal.
There are 4 pay tables available for the Triple Bonus
side bet, which are indicated in table 2.

Table 2 are the pay tables available for the Triple Bonus side bet.

Table 2:  Triple+ Pay Tables
 

Hand

Pay Table A

Pay Table B

Pay Table C

Pay Table D

Royal flush

1000 to 1

200 to 1

15 to 1

100 to 1

Straight flush

500 to 1

100 to 1

15 to 1

50 to 1

Four of a kind

100 to 1

80 to 1

15 to 1

40 to 1

Full house

30 to 1

40 to 1

15 to 1

30 to 1

Flush

25 to 1

25 to 1

15 to 1

20 to 1

Straight

15 to 1

15 to 1

15 to 1

15 to 1

Three of a kind

10 to 1

10 to 1

15 to 1

12 to 1

Two pair or less

Loss

Loss

Loss Loss

--------------------------------------------------------------------------------------------------------------------------------------------


ANALYSIS

Table 3 shows a breakdown of every significant outcome, the number of combinations, the probability, and contribution to the total return – based on optimal player strategy.
The number in the lower right cell of table 3 shows a house edge of 2.33%

Table 3:  breakdown of every significant outcome
 

Event

Combinations

Probability

Pays

Return

Dealer qualifies, player wins with straight or less

1,228,477,331,537,950

0.220106

3

0.660317

Dealer qualifies, player wins with flush

145,139,512,840,088

0.026005

4

0.104018

Dealer qualifies, player wins with full house

163,914,672,830,796

0.029369

4

0.117474

Dealer qualifies, player wins with four of a kind

15,081,271,619,280

0.002702

12

0.032425

Dealer qualifies, player wins with straight flush

1,688,786,599,264

0.000303

52

0.015734

Dealer qualifies, player wins with royal flush

212,742,187,532

0.000038

102

0.003888

Dealer doesn’t qualify, player has straight or less

895,363,506,870,640

0.160422

1

0.160422

Dealer doesn’t qualify, player has flush

46,189,460,117,352

0.008276

2

0.016551

Dealer doesn’t qualify, player has full house

20,799,848,717,340

0.003727

2

0.007453

Dealer doesn’t qualify, player has four of a kind

906,957,913,068

0.000162

10

0.001625

Dealer doesn’t qualify, player has straight flush

490,651,135,784

0.000088

50

0.004395

Dealer doesn’t qualify, player has royal flush

44,950,822,404

0.000008

100

0.000805

Dealer beats player

1,691,564,573,202,400

0.303077

-3

-0.909231

Player folds

1,335,182,111,247,600

0.239224

-1

-0.239224

Tie

36,248,167,174,500

0.006495

0

0.000000

Total

5,581,304,544,816,000

1.000000

 

-0.023345

The total number of combinations equals the number of ways to choose sets of 3, 3, 2, and 3 out of 52.  In other words combin(52,3)*combin(49,3)*combin(46,2)*combin(44,3) = 5,581,304,544,816,000.

The number in the lower right cell of table 3 shows the player can expect to lose 2.33% for each initial wager made. In other words the house edge is 2.33%, defined as the ratio of expected player loss to the initial wager.
The average wager in this game is 2.52 units. The ratio of expected player loss to total amount bet, what I define as the “element of risk” is 0.93%.

As in most poker based games the optimal strategy in this game is complex. It would also be difficult to put a basic strategy into words.
According to table 3 the player should fold 23.92% of the time, so the player should fold on about the weakest 24% of hands.

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Triple+ Analysis 

Table 4 shows the number of combinations for each outcome of the Triple+ side bet, the probability, and contribution to the total return for Pay Table A
The lower right cell of table 4 shows a house edge of 6.60%

Table 4:  Triple+ Pay Table A
 
Hand Combinations Probability Pays Return

Royal flush

1880

0.000005

1000

0.004617

Straight flush

16776

0.000041

500

0.020601

Four of a kind

234624

0.000576

100

0.057623

Full house

1676064

0.004116

30

0.123491

Flush

2126344

0.005222

25

0.130556

Straight

4321584

0.010614

15

0.159205

Three of a kind

15448576

0.037941

10

0.379413

Two pair

40936896

0.100540

-1

-0.100540

Pair

206304520

0.506679

-1

-0.506679

Nothing

136103136

0.334266

-1

-0.334266

Total

407170400

1.000000

 

-0.065978


Table 5 shows the number of combinations for each outcome of the
Triple
+ sidebet, the probability, and contribution to the total return for Pay Table B
The lower right cell of table 5 shows a house edge of 5.6%

Table 5:  Triple+ Pay Table B
 
Hand Combinations Probability Pays Return

Royal flush

1880

0.000005

200 0.001

Straight flush

16776

0.000041

100 0.0041

Four of a kind

234624

0.000576

80 0.04608

Full house

1676064

0.004116

40 0.16464

Flush

2126344

0.005222

25 0.13055

Straight

4321584

0.010614

15 0.15921

Three of a kind

15448576

0.037941

10 0.37941

Two pair

40936896

0.100540

-1 -0.10054

Pair

206304520

0.506679

-1 -0.506679

Nothing

136103136

0.334266

-1 -0.334266

Total

407170400

1.000000

  -0.056495


Table 6 shows the number of combinations for each outcome of the
Triple+
side bet, the probability, and contribution to the total return for Pay Table C
The lower right cell of table 6 shows a house edge of 6.37%

Table 6:  Triple+ Pay Table C
 

Hand

Combinations

Probability

Pays

Return

Royal flush

1880

0.000005

15

0.000069

Straight flush

16776

0.000041

15

0.000618

Four of a kind

234624

0.000576

15

0.008643

Full house

1676064

0.004116

15

0.061746

Flush

2126344

0.005222

15

0.078334

Straight

4321584

0.010614

15

0.159205

Three of a kind

15448576

0.037941

15

0.569120

Two pair

40936896

0.100540

-1

-0.100540

Pair

206304520

0.506679

-1

-0.506679

Nothing

136103136

0.334266

-1

-0.334266

Total

407170400

1.000000

 

-0.063749


Table 7 shows the number of combinations for each outcome of the
Triple+
side bet, the probability, and contribution to the total return for Pay Table D
The lower right cell of table 7 shows a house edge of 7.35%

Table 7:  Triple+ Pay Table D
 

Hand

Combinations

Probability

Pays

Return

Royal flush

1880

0.000005

100

0.000462

Straight flush

16776

0.000041

50

0.002060

Four of a kind

234624

0.000576

40

0.023049

Full house

1676064

0.004116

30

0.123491

Flush

2126344

0.005222

20

0.104445

Straight

4321584

0.010614

15

0.159205

Three of a kind

15448576

0.037941

12

0.455296

Two pair

40936896

0.100540

-1

-0.100540

Pair

206304520

0.506679

-1

-0.506679

Nothing

136103136

0.334266

-1

-0.334266

Total

407170400

1.000000

 

-0.073476

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Conclusion

This analysis was conducted using a combinational approach that analyzed every possible combination of player cards, community cards, and dealer cards.
This was a very difficult and time consuming analysis. A random simulation, although slow, showed the house edge of 2.33% was reasonable.

If you or any interested party have any questions about this analysis please contact me by any of the means below.

E-mail:             mail@gamingmath.com

Phone:             702-804-0015
Postal mail:     9200 Sienna Vista Dr., Las Vegas, NV 89117

Thank you for choosing me to analyze Ca$ino Omaha™ and I wish you success with it.

Regards,

Michael Shackleford, A.S.A.

US Patents: 6,206,373 & 6,637,747
 South Africa Patent: 2001/2907
 Australia Patent: 773436
© 2003-2010 Stephen Au-Yeung. All rights reserved